Bitcoin's market price has suddenly dropped from a high of $123k to $118k. I don't think it's time to panic completely, but it's time to be cautious and patient.
Some in-depth economic or technical analysis, self-control and a risk-taking mindset, and confidence in long-term goals are the most effective steps to take during this price fluctuation.
Do you have a long-term plan in Bitcoin during these volatile times?
Of course, we all want to hold it until we reach our desired timeframe or profit. I believe price volatility or fluctuations are very common in the investment world. It's important to avoid getting carried away by emotions or panic. Stick to your initial investment plan and remain calm even when prices fluctuate. If you're confident in your purchase, stay focused on gradually accumulating it during price fluctuations. Bitcoin is now much more popular, and several countries have even adopted it. Almost everyone in the world who knows about Bitcoin wants to own as much as they can.