We are also in a dip

[Zigabel]

"If you ‘missed’ the previous dips, there will be dips in the future too. And we are still in one now."

This is what CZ has said a few days ago. He emphasized that by technically, every price below or before the ATH is a dip and thus, we should act on the market thinking long term goals. There could be different interpretations of what he said.

This is very true and I agree with him because people who bought at the ATH will definitely be in a temporary dip and prices that were before the ATH are deep because they are below the ATH as that's the top prices which price is hoping to attain again after it must have gone below that price.

But for those who invest with a long term view, they always have nothing to bother about in times like this, because they will mostly consider it very temporary and have little to almost no effect on their portfolio, but the short term guys are the once who will have a lot to bother about this kind of deep.  So yeah CZ was and is right.

[taufik123]

-snip-
But for those who invest with a long term view, they always have nothing to bother about in times like this, because they will mostly consider it very temporary and have little to almost no effect on their portfolio, but the short term guys are the once who will have a lot to bother about this kind of deep.  So yeah CZ was and is right.

Those who already have a long-term strategy are usually already buying at low prices before and they are doing DCA, so they will not be affected by a decline like this.
Before the main target is reached, they will continue to buy so that the decline after the ATH will be an opportunity to see where the lowest support point will be reached so that the buyback will be maximized.

And those who make short-term trades will indeed be affected and more of them panic because of the decline happening,
especially for those who buy at the price of ATH, it will really disturb their psychology.

[Miramax12]

-snip-
But for those who invest with a long term view, they always have nothing to bother about in times like this, because they will mostly consider it very temporary and have little to almost no effect on their portfolio, but the short term guys are the once who will have a lot to bother about this kind of deep.  So yeah CZ was and is right.

Those who already have a long-term strategy are usually already buying at low prices before and they are doing DCA, so they will not be affected by a decline like this.
Before the main target is reached, they will continue to buy so that the decline after the ATH will be an opportunity to see where the lowest support point will be reached so that the buyback will be maximized.

And those who make short-term trades will indeed be affected and more of them panic because of the decline happening,
especially for those who buy at the price of ATH, it will really disturb their psychology.
[/quote

Absolutely , Long-term investors always play the patience game they understand that dips are just part of the process, not the end of it. DCA and a solid strategy give them peace of mind when the market shakes.
But yeah, it’s the short-term traders, especially those who buy in at the peak, who really feel the pressure. Emotions tend to take over when there’s no clear plan or long-term vision behind the moves. CZ really hit the nail on the head with his perspective
In the end, it all comes down to mindset — long-term thinker see dips as chances not setback.

[STT]

Today BTC price action has fallen below the weekly average so it becomes more credible to see weakness develop over more then just one day.   BTC fits into that scenario as its now challenging 115k and if it can close below that then we presumably return to 108k to test support there.
  1 day bars shows that better then 4hr bars with this area now being the platform forming the initial breakout from the old ceiling.

[taufik123]

Absolutely , Long-term investors always play the patience game they understand that dips are just part of the process, not the end of it. DCA and a solid strategy give them peace of mind when the market shakes.
But yeah, it’s the short-term traders, especially those who buy in at the peak, who really feel the pressure. Emotions tend to take over when there’s no clear plan or long-term vision behind the moves. CZ really hit the nail on the head with his perspective
In the end, it all comes down to mindset — long-term thinker see dips as chances not setback.

If You can't Hold, You Won't be rich, these are words that always appear everywhere in the crypto space,
so there are more people who are motivated to become a Holder or a trader who makes the right decisions.

Types of investments Short term or long term depending on how the initial strategy is applied, If you are making short-term investments by making instant profits in crypto while trading,
then it is necessary to see how the strategy will be carried out.

If it is for the long term, it is only necessary to buy more at a low price and hold it until the main target price is reached.

Today BTC price action has fallen below the weekly average so it becomes more credible to see weakness develop over more then just one day.   
BTC fits into that scenario as its now challenging 115k and if it can close below that then we presumably return to 108k to test support there.
  1 day bars shows that better then 4hr bars with this area now being the platform forming the initial breakout from the old ceiling.

This is just a normal market correction in my opinion, because the hype of BTC is quite high but then when the ATH is reached, price consolidation is needed for the market chart to be better and normal.
The possibility of dropping to $115k is possible and now it's still at $117k but for a lower price it will probably depend on how the current trend is, but I hope it still bags $100k.