When we say that we are at an ATH several times, it is clear that bitcoin is experiencing an increase, so it would be inaccurate to say that bitcoin is not rising or falling because fluctuations always occur. This year, we have experienced a very rapid increase and even reached several ATHs, which is proof that bitcoin's progress is still very good at the moment.
However, on the other hand, this movement is clearly only temporary because with such progress, we could even see Bitcoin reaching higher values compared to today.
So, what should we do? We just need to wait while investing as per our initial plan. DCA, Buy Dip, Lumpsum, or whatever else is possible as a purchasing scheme, and we must be able to minimize the risks involved by being prepared and responsible for our purchases given the current economic conditions (where buying does not burden us in our daily lives because this is for the long term).
Price of bitcoin has moved from $124k down to $110k and you said is just temporary, that there will not be bearish season soon? just watch and see what will happen before the end of September if the price of bitcoin will not decrease more than $100k to convince some investors waiting to buy in the dip to start buying bitcoin and hold because majority of investors are set to use huge amount of funds to buy and hold for long term, those that apply this method, dollar cost average (DCA) to accumulate bitcoin, always have the opportunity to make a good income from bitcoin investment because they don't like to sell when the price is low than to wait for long years before they can sell to earn double income from their holding.
Even though there has been a decline, isn't it temporary, and if you focus on your long-term goals, it shouldn't bother you? I say it's a temporary decline because, in the end, most people in this thread prefer long-term investments, where they prefer to be in an annual position (rather than short-term investments), let alone trading, so why are you worried about the current decline? We’ve even experienced a decline from $64k to $15k, and it’s fine now—there are no issues. So why are you worried when Bitcoin has dropped from $124k to $110k now?
We just need to make another purchase if the goal is long-term investment for the upcoming halving period, and it might even be more—unless your goal is short-term trading, in which case you might need to be concerned now.
A decline isn't everything because after a decline, there will inevitably be a rebound, and we just need to focus on our long-term goals.
Just because it dropped by $14k, you're already panicking and thinking this is the end of the world? What were you thinking when the previous extraordinary rise happened?
Whether to sell or not depends on each individual's perspective because, after all, all control lies in the hands of the investor themselves. Regardless of whether they want to sell or not, it is up to each individual, but it is important to remember that after selling our portfolio, the bitcoin is no longer ours in the end.