Bitcoin's market price has suddenly dropped from a high of $123k to $118k. I don't think it's time to panic completely, but it's time to be cautious and patient.
Some in-depth economic or technical analysis, self-control and a risk-taking mindset, and confidence in long-term goals are the most effective steps to take during this price fluctuation.
Do you have a long-term plan in Bitcoin during these volatile times?
Hodling all the way, especially when big corporations and governments want to create Bitcoin strategic reserves, this is the clear message that they want to take away Bitcoins from us and do not forget that it has a limited supply of 21 million coins, the more we own, the better for us. If we sell it, we should try to sell it expensively to the governments or big corporations.
I'm personally not selling my Bitcoins till the price reaches 150K$. I'm very sure that it will reach 150K, the price has steadily been very high in the last few months and a few days ago it reached a new ATH, which is a clear signal that it stands strong.
I think Hodl is best strategy because millions of people are trying to invest in Bitcoin and Bitcoin will go up and you could sell it at best price. Bitcoin is not like other cryptocurrency coins who are controlled by any person but that is controlled by the market trends and news of politicians as when big politician says positive about BTC ,its price will go up and negative comments can give low price to BTC but if you are trader you can buy and sell that coin because fluctuation is not big but if you are investor then you should be long term investor because short term investors could lose their money.HODL is best if you have no pressure of income and you will live happily without this money which you invested in Bitcoin because if emergency can happen you could be in loss.