In this case there is nothing we can do either other than wait or add the reserve funds that we have because it is very good. Indeed, from an emotional point of view, we will all be a little shaken but panic is not the right reason when the situation is like this.
But if we look at it now it looks pretty good we bounced from $17k to $21k even though it's starting to get back to $20k now.
We don't have any other option than holding and accumulating given the current situation. Those who are holding until today are sure that the asset has dropped so much that it makes no sense to sell at this point. we should keep holding and wait patiently as bitcoin will definitely rise. The important thing at this time is that we should be calm, should not look at the catalog too much, it will easily generate emotions. To relax, I get myself some jobs that keep me busy and hardly have time to think about the market too much. I know for sure the market will bounce back but thinking about it now distracts me.
The fact is that there are still many people who panic when this happens and there are even some people who start to get depressed (when I see the news in my country) due to the decline in Bitcoin which makes this so worrying.
Actually, things like this can still be minimized by continuing to wait but why are you so impatient and disbelieving that makes me wonder. even though if you look at it from any perspective, it is clear that something like this will definitely happen, although it will slowly improve and continue like that.
People get depressed because they didn't prepare themselves for every possible outcomes of crypto market. They were delusional bitcoin wouldn't crash anymore, so they could make huge profit just for holding during short time periods. If they were prepared and traced long term goals, this crash wouldn't affect them at all, because they would have emotional conditions to deal with the situation and elaborate alternatives for now in order to keep their bitcoins untouched, while surviving from another sources of income. At same time it's easy to invest in bitcoin, it's not that simple considering how volatile the market is...