FUDs are always inevitable when Bitcoin suddenly drops its price, without understanding that bitcoin is highly volatile so it’s expected to see some price swings from time to time. However, seeing this sharp decline, I believe it’s even a bigger opportunity for long term hodlers to continue DCA while the price is now affordable. But for narrow minded investors, this will cause them panic and end up selling their bitcoin at a losing price.

The thing is that if people keep thinking about fiat price of Bitcoin then they will probably miss the whole point of Bitcoin, which is to have an independent economy.

At the end of the day the purchasing power of Bitcoin will increase over the long term, so focusing on short time-scales noise is not really that relevant.

It's still good to invest when the price has dropped like what we are seeing today and you need to remember that it's not like other cryptocurrencies which might not recover after their price has dropped because of multiple negative reasons. In bitcoins, we don't have that scenario and when you are willing to wait and patient enough to wait for the next bull runs, you will surely going to be happy and your sacrifice will automatically pay off. That's just how good bitcoin investment is, and if only they wait long enough, they could have seen the price rise up to $30k+ but some people are in rush, that's why the price has suddenly dropped these past few days.

Bitcoin has always been volatile in nature so price fluctuations will always be present anytime. We could see bitcoin price pumping today, but expect that it may also dump the following day, and this has happened ever since so there’s no much to interpret about it. As long as we know that bitcoin’s volatility happens for good reason, as it opens new opportunity for beginners and those who plans to continue to do DCA, then for me it’s something that everyone looks forward to. But let’s see when halving starts to happen, as it’s always expected that bitcoin price will certainly make a good progress right after that, since that’s what history has been showing us.

The correction of price is a very good point and I totally agree. Sudden surge within a short period is not healthy and sustainable for the market. I can't prove that the Bitcoin market may also be manipulated but I tend to believe that. If the "correction" is true, this is really a good move to help the market stay healthy. At least for me, this fluctuation eases my worry and boosts my confidence in Bitcoin.

I'll just give them outline on how the market move takes place. Some easily understand the demand to the supply, whereas the majority just ignore it. When it comes to potential investment, experimenting with small amount will give the confidence and better understanding about the market.

Every price drop is an opportunity. Only the people watching the market for long term understand it well whereas the new investors just have the panic mind and finds hard to invest. Watching the market for few months could let the user understand the volatility and move towards investment, if not investing needs to be done purely on trust.

I don't know why you compared it with altcoin, because when bitcoin up altcoin dump, bitcoin dump altcoin more Dump, and there is only have a bit and few time to buy altcoin. but when we talking about bitcoin, there is no spesific time to buy because you can buy it anytime do you want.  Because the price will follow the halving time.

I don't see it as a problem but for me it was a blessing in disguise. Sure thing the price can dump due to fluctuations and then my portfolio will be affected. They will also go down but I don't really mind it since I am no way of touching them anyway but I will in fact add more coins in my stash because I know that fluctuations is also the way for them to recover and then rise to a whole new level and that is the time that I can now harvest the crops that I planted.

For other people, I think they are easily annoyed with the fluctuations that are happening with Bitcoin and altcoins. They think it's a hindrance for them to reach their first millions.

The drop was great press for the market, that was a quick opportunity for the majority and I guess it wasn't the retail investors that have taken the advantage.

I have no record with that but as we know when such fall comes and if we get a quick recovery, there's the reason for that demand and that probably came from the financial institutions that have come to take those on sale bitcoins.

Yeah, that's basically what I am saying and those that have bought when it was below $20k or even up to $22k, we're at $24k now but still no one knows if this price stays for long.

Hmm maybe it's a bit late for me to reply but let's say the word. Yeah, when BTC was below $20k it was a great opportunity for investors, hodler, and traders but it does not mean that the market will not provide another opportunity you just have to be patient. Now as of writing this reply, BTC has reached close to $24,232 which is just unbelievable for the market to recover.

The market has provided a lot of opportunity in the last few weeks, First, it was a ban on Kraken Exchange's staking system in the USA then the news that was booming on crypto of SEC suing Binance for BUSD and now Binance (as of present) converted there BUSD reserves to other coins like BTC, ETH, BNB, etc. to decrease the impact if it de-pegged.

Secondly, the news of Silvergate bankruptcy also causes some fluctuations in the market which no doubt cost some traders who took entry b/w 23k to 25 but I can say as of today they must have recovered there most of the loss and maybe made some bucks in profit.

Thirdly, the bankruptcy of Silicon Valley Bank (SVB) behaved like a third-time hammering on the nail which was hammered first and second times. This hammering by SVB provides another opportunity for all of us.

What I think is, when people shrank their deposits from SVB they need some other source to invest their assets which I think is Crypto. That's why when the week starts the institutional markets open up and the big candles started to make. And boom BTC goes straight to $24k.

If you want to invest or take entry into the market then I must say DYOR ( i love these four magical words) haha. because it saves effort and weight. I think a little patience will do the work as maybe another de-pegging of BUSD will provide another opportunity. overall I am bullish for the long term if you want to buy BTC for hodling then buying it at $24k is a good opportunity overall, it depends on your financial status all I can do is share my opinions and once again do not follow anyone just follow your guts and build confidence (once again I am just sharing my thought that it.)