I think I made a mistake buying at $23,500 (obviously), so when should I really start to panic now that we dropped to $18K?
At what price point now should I consider to add more to average in at? Like, if you owned a bitcoin at $23,500, would you wait for $10K or 15K to start adding more to average in your high price of $23,500?
OP, like most of the advice you've read so far - then I can really assure you not to panic if the price drops any time. You will not lose your assets, only their value is calculated in the estimate to fiat. Just calm down and think of additional strategies so that you can maximize your profit opportunities if the market recovers after some time.
Bitcoin is known as a potentially profitable asset for its long-term investors, so you may need to accumulate if you have funds in reserve. Accumulation is an additional plan you need to consider instead of panic.