Quote from: Sanitough on Today at 03:50:42 AM

Quote from: uefbv on July 31, 2025, 07:54:47 AM

Is this a common occurrence for cryptocurrencies?
Bitcoin= sound money

Why are you surprised? Bitcoin has always been highly volatile. Hopefully, you didn’t panic with that drop because if you’ve been around in the early days, you would’ve seen even bigger crashes, ones that made people think the whole market was done for. If you’re holding long-term, you’ve got to keep that conviction strong. This is just normal price movement. Only weak hands fold under pressure… are you one of them?

Over time, those who are new to investing in Bitcoin will learn a lot about how the market moves, allowing them to manage their emotions more steadily when the price undergoes a correction. Even gold, which is more stable in value, experiences price declines let alone Bitcoin, which is known for its high volatility.
Currently, Bitcoin is trading at $114K, only slightly corrected from its all time high of $123K, and I agree that this drop is not alarming, as we have witnessed much sharper declines in the past.