Though the recent drop came as a surprise to many of us especially for people that recently added more sats to their portfolio but I don't think it should cause much panic. In the regular Bitcoin cycle, this period is usually the time for bullish trend in the market. I think the main issue now especially for short-term holders is that nobody is sure wether this is the bottom or it'll dip further but for long-term holders, volatility is part of the game. It's moments like this that birthed the advice that you should invest mostly with what you can afford leave for a long period.
Invest with what you can afford to lose because the market is a space where every investor and trader that comes in, have one thing in mind, not to lose and to accumulate gigantic profits in the market before it closes. The market is volatile and this also affects the price value of Bitcoin and other cryptocurrencies. When the market is in bearish season, that's when whales, investors and traders open their entry because they know exactly what to do, they ensure they bagged enough Bitcoins and altcoins and wait for the bullish season to come, that's when the real smile comes on.
