There isn't really anything surprising or complicated, it is just the cycle of bitcoin. So knowing that the price would fall this year wasn't really a shock, I also sold all of mine when it was above 100k as well.
While I had to spend that on medical bills and debt, so I do not have much to go back in right now, I will save as much as I can this year, to get as much as I can, my goal is just putting up 100 dollars a month every month, that's it. If you can do that, then you are going to get a lot better returns when the price goes back up.
Well said.
According to the bitcoin historical performances, experienced enthusiasts are already aware that this year will go bearish and in that case, we are not surprised of what we see today on the dump.
According to the four years cycle, we are also expecting the intensifying bull run to take place by 2029 but because then, there is possibilities that the price will begin recover before hitting new ATH.
Those that sold on the peak did not actually sold to buy alt coins but for other personal reasons such as yours and for the interests of taking profits.
Quite unfortunate for anyone selling his bitcoin on the dump to invest in the so called alt coins rally and perhaps since the bitcoin market decline the alt coin rally has not come. So it's obvious that it is a waste of time the strategy of the Op.
Instead, buying the dip and hold for the upcoming is best.