Bitcoin price is already bouncing back and so we don't need to panic too much,now it's at 84k, the price is recovery from a massive sell off and real investor are able to take this dip opportunity to buy more Bitcoin to their port-folio, people without strong mind are selling off their asses because of the way the price is going, this is the reason Bitcoin is a long-term investment and not a short-term investment, because if you have budgeted for a long-term,you will not be boarded about the price now, since it is sure that the price will go up.
Even though the price of bitcoin is plummeting, to be honest, I personally don't panic in the slightest. Because why panic, because I am a long term investor in bitcoin. So even if this year the price of Bitcoin drops to 50K dollars or 40K dollars, I personally won't panic at all. Because basically I already have a target and my target is still far away in bitcoin. So, in my personal opinion, the person who is panicking about the recent Bitcoin price drop is most likely not a long-term investor, but rather a trader. So if you are a long-term investor in bitcoin, there is no need to panic when there is a deep price decline, because of course you also have a long target in bitcoin. That's why I personally don't really recommend someone to become a trader in Bitcoin. Because of course it is very risky and makes our minds dizzy. Because how can we be calm if every day we see a market full of price fluctuations. So you can be sure that if we become traders our minds will definitely not be calm. Therefore, becoming a long-term investor is the right thing to do in Bitcoin.