If you are a holder, you shouldn’t panic even when you buy at the top and the price drops, because all you should do is just to keep on holding, and the price is going to bounce back, people that have stayed in crypto space for long time should know about no matter how low bitcoin price goes, it’s going to bounce back if you can just hold even if it’s going to take some time. If you buy high and the price drops, that’s an opportunity to bag more bitcoin for discount price, instead of panicking you can just make use of the opportunity to buy more bitcoin cheaply.
Certainly, if market price dips, it will surely be bought up, there is no need for one to panic, as it does fluctuates which is its nature, that's why its doesn't give one the hope of quick profit. But, its better for one to get to do what they really have the idea about it or the one, they can have the mindset or the nerves to invest on, as both trading and holding has its own benefits and side effects as well. So, basic understanding can support one in anyway or path they may choose.
Bitcoin's price decline is a natural thing in the volatile market, but for those who take this volatility negatively, this volatility is the reason for the failure of their investment. Fluctuations in the market are not uncommon, so it is not right to panic and make decisions just by seeing the price drop. However, you need to prepare yourself in this regard first, because not everyone may be mentally prepared to hold an investment for the long term, they may have greed that can force them to sell, and emotions can force them to sell during volatility. Therefore, it is necessary to make decisions based on your goals, risk-taking ability, and financial situation first. If you have the wrong mindset, then this can definitely create problems.
