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.
Perhaps the drop looks painful only if someone is watching day to day numbers, but zooming out tells a very different story. When Bitcoin went from $64k all the way down to $15k, many people thought it was over. Those who kept stacking and holding through that period are the same ones who now see 6 figure prices. A move from $124k to $110k is just noise compared to what Bitcoin has already survived.
Because Bitcoin operates on cycles tied to halvings, short term pullbacks are more like opportunities than threats. If the plan is long term, then every dip simply lowers the average entry price for those using DCA. Even if it takes months before the next strong rally, the conviction stays intact because the fundamentals haven’t changed.
And also, if someone treats Bitcoin like a trade, volatility will always look like danger. But for those saving with Bitcoin, the real risk is exiting too early and handing over their future gains to someone else. Once you sell, those sats are gone and the upside belongs to whoever bought them....So the question isn’t whether Bitcoin will rebound history already shows that it does. The question is whether the individual can stay patient enough to let time and scarcity do their work.
That is the important point because, in the end, when someone prefers bitcoin and uses it as a longterm investment, we should not feel that this is the end of everything because, after all, what is happening now is only a correction, and it is quite natural for it to bounce back to a higher value because it would not be reasonable if we only expected an increase without considering the risks because this kind of thing is difficult to predict. to happen.
Bitcoin volatility is normal, and we must be prepared for it if we want to be in bitcoin because it is a natural process of bitcoin, where volatility is a unique feature of bitcoin itself, and there is no need to be afraid of it when our goal is longterm. Unless, as we discussed earlier, you are a trader or someone who monitors the daily candles, then this might be a cause for concern. Therefore, I would recommend that if you are focused on longterm goals, avoid looking too closely at daily candles or even hourly candles, as this will only lead to overthinking.