The extent of the market drop is really surprising, normally we all knew the price wil not always be up, we expected bitcoin price to drop due to its volatility but the level of the drop right now is really shocking and I doubt if the dip isn’t here yet. Ever since bitcoin hit $100k, it’s never go below such figure again for a long time now even though it usually drop and also increases it has never dropped below the $100k but this time around it has dropped below the $100k and this is a real sign that the dip is before us
Sincerely, the drop is something else, and the speed of dropping is another shocker. And truly, if an investor is not disciplined or strong hearted, one might easily conclude that to rise maybe difficult and this might begin to sell off some of his holdings, at least, to get little gains before the price totally crushed completely.
But with the knowledge and understanding that bitcoin will not always be climbing, but is always on the move, either down or upwards, we should be encouraged enough to Hold onto that which we have been able to accumulate while gradually accumulating using the DCA strategy and staying hopeful and watching the market