Bitcoin price dropped after reaching a new ATH and there was a continuous decline. What I did during that period, I switched my DCA strategy from monthly to a weekly basis in the month of May and June. The strategy was of advantage to me especially when the price was experiencing decline on daily basis. This approach was very beneficial because my Bitcoin purchase increased due to weekly basis and I accumulated more in lower prices. I believed in the potential growth of Bitcoin and I'm trying to position my investment journey in the right track because the more you accumulate the better on potential returns could be when the bitcoin reaches higher price.
Bitcoin has proven to be resilience, right now the price is $69k. There are some folks who got caught up with short term fluctuations, and might have sold their bitcoin or reduced their consistency level of bitcoin accumulation when the price was on downturn. Those folks never believed in the resilience of bitcoin or their decision wete wrong , investors should always capitalise on the opportunities bitcoin offers either when the price is going up or down. Investing in Bitcoin is buying and accumulating good amount of bitcoin despite fluctuations. Selling shouldn't not be an issue, so long as we are for the long-term rather we should engage in critical thinking that will enhance our bitcoin investments.