The biggest dump this year is happening right now, witnessed it and still believe that bitcoin will bounce back.
While we are hoping for bitcoin to reach $100k, how do you feel that bitcoin is going down to $20k anytime soon?
And when bitcoin dump that low, expect that altcoins will also dump even double the price dump of bitcoin.
Your comment is correct because when Bitcoin falls in value, Altcoins fall in value more than that. Such fluctuations in market prices create pressure for long-term investors. As the price of Bitcoin falls further, investors start selling which affects the altcoin market as well. Instead of selling when the price drops, you can rely on Bitcoin's strong momentum and adopt the DCA strategy.