This is really a good buy opportunity if you ask me. Many people have always failed to understand that market fluctuation is a normal thing in bitcoin investment. A lot of people just want bitcoin to be green all time, which is not possible. It's funny how some people reacts when there is a little correction in the market. At 61k which is the current market price many are panicking. People forget so fast, few months ago bitcoin corrected from from 48k and went between 38k and shoot from there to 73k. It's is same thing here and we might still see more. Let's not panic the market will get up again. What it's important is this, don't panic sell your holding because of fear. Let's learn from past experience.
You are right...! Most investors want to see the price of Bitcoin green forever which is not worth. They are old investors or traders who refuse to see red prices. Some traders may lose their capital during market correction but it is very short term so don't panic.After Bitcoin's peak, many investors look for red digits in an attempt to find price dips. As a result of this correction of Bitcoin price, many new investors entered. As a result the markets remain the bull power. And if this power increases gradually, finally we can see bull run and in the future we will see more runs.
can we all allow this sink in that investors or holders aren't same with traders? We aren't talking about those that are bothered about every slightest reds or green on the chats! It's the nature of Bitcoin to get into the red region sometimes and we all know it's just a momentary stuff that will still bounce back bullish with time so why become worried about it? How long can you talk about the fact that Bitcoin has gone red or is gradually getting bullish or would probably go down after it just got bullish? That's the crazy analysis most traders do and you don't expect an average person that's still new to Bitcoin investments to spend his time doing that.
Apart from the fact that discussing the concept of trading is considered an off topic point here, I don't even see any advantage trading has compared to holding your bitcoin. You don't want to tell me that I should be at loss now that the market is getting momentarily red or become bothered whenever the market is getting bearish, do you? As long as Bitcoin continues to exist, the reality is that there will always be moments of correction which gives investors the luxury of buyiing more if they have the resources to. If you're accumulating probably with the DCA methord then every correction is an opportunity to buy more with less
$ or it equivalent above what you will normally get when the price is is bullish.