The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.
Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.
for example yes, If someone buys a coin when the bitcoin price is close to 60,000$, and that time the price starts to drop sharply after that, Honestly if you sell to receive a hit back then your losses are minimal unlike holding the price down even after experiencing a decline. bearish and bullish movements throughout the year. It is very difficult to convince someone to hold their losses, when selling would be a better call because it is a better call in terms of risk management.