10%-20% in one day is a huge drop and very worrying, I won't lie and say I wouldn't be scared if that happened. I remember every time the price of bitcoin drops 5%, people rush to find the cause of bitcoin's decline, so it's surprising many people claim that they wouldn't panic if that happened.

I agree, the bear season is over and we are in bull season, and corrections are very normal. Bitcoin will recover soon and making a new ATH is just a matter of time, so what we need to do now is always try to stay calm even if bitcoin drops more, don't panic sell no matter what happens.

For me no matter how much Bitcoin price drops it can never give me reason to have a double thought about my investment and besides if you even trace the Bitcoin price from the beginning you could be surprised to see that it has even drop more than the percentage you are talking about, so if perhaps Bitcoin price decided to dip now it will not affect my mindset but on the contrary I will see it as an opportunity to Lump Sum by using more larger funds to buy, however the short term holders will be affected the most because they will have to be very patient till the price come back to the way it was, so actually is only shitcoins someone would panicked if the price drops to that extent but for Bitcoin it doesn't matter the dip because is very certain it will bounce back.

As long as you are not carrying a leveraged position, you shouldn't be panicking. You also shouldn't be buying bitcoin with borrowed money because that's another way to use leverage. If you bought bitcoin with your own money, if it is not all the money you have, if you won't be needing in the future, why should you panic?

Panic is also a contagious disease. If you have nothing to worry, but you are around people who have many things to worry about ( mostly leverage), then you might panic as well, even though you shouldn't. Some people somewhere made stupid decisions and they have to pay the price for their stupidity. If you are not one of those people, you shouldn't care about it.

Some people just don't get it, believe me. I have encountered people who would panic without any reason, the money they have invested is theirs and they don't even need that money at the moment, but as soon as they see the price of the asset they have invested in dropping, they start panicking like they are losing their money. This is mostly because of a lack of knowledge, they don't understand that their assets are losing value but they are not losing money, and their balance will get back to normal or go up once the price of the asset recovers.

It gets you frustrated sometimes if you are the one who either brought them into the market or they know that you are into these things and you are the right person to ask questions from, but their questions are mostly annoying, full of panic and useless questions about the price dropping, not removing, why it's happening, etc.

We're seeing that, the long-term investors are enjoying the run and there's no need for us to panic. Those that are thinking that their money is lost.

There's a reason behind that and there's a cause of that anxiety and thought of theirs thinking that when the market falls, their money will be gone.

Looking at that fall the other day, we've recovered already but this isn't enough and slowly but surely, it will be up again.

That could be true but actually in this case I think panicking is quite a natural thing regardless of whether it is a short term or long term investor because after all the feeling of panic about losing something is a common and normal thing that happens because it is related to financial conditions. then naturally we can become someone who panics. It just depends on how we control the panic because if in the end the feeling of panic is followed by the action of selling no matter whether we make a profit or a loss then that is the wrong thing, but when there is panic and the city remains strong in holding back because it is aware that it is a form of risk what you have to understand when you become an investor and remain confident in bitcoin, then I think it could be a good thing in the end.

Apart from that, in this case, when there are increases and decreases, it is a good lesson for us that in the end being in Bitcoin is not as easy as imagined so we have to be prepared for all conditions that occur.

The thing is that it makes sense for newbies to feel the feat of losing all their money when dumps like such happen. After all, you haven’t been long enough in the industry to trust that. It is temporary and many take it as an opportunity for bitcoin to slingshot back to another ATH. But for seasoned crypto veterans you can say that they do not relent on such trivial stuff anymore, and many like me even take this opportunity to invest more into bitcoin instead of selling it or venturing in some investment choices without real knowledge about shit.

So yeah, it’s kinda divided and it’s clear who’s scared and not. As for myself, I’m confident enough to think that whatever price point it falls down it will always be able to get back up. But noobs are free to jeet and paperhands themselves out of every investment. It's in their nature after all and there's no real harm to selling your shit, but you have to understand that selling your crypto at a pivotal moment like this also means taking your foot out of the door to a million of possibilities.

Panic and fear when seeing asset values ​​decrease or happy when seeing values ​​increase are just temporary human emotions, so anyone who says they don't have emotions is lying. Furthermore, panicking when prices fall does not mean we will sell, being happy when prices increase does not mean we will take profits.

In addition, although bitcoin is very volatile, we cannot deny that a drop of 20% in one day cannot be considered normal, and if it happened for many days in a row, it would cause many people to panic, let alone that is normal. Yesterday our assets were 100k$ but today it is only 70k$, which is not a pleasant feeling at all.

I am already experienced enough with "bitcoin is dead" topics and article, that 10-20% fall in a day does not scare me. What makes me even stronger believe in Bitcoin is the pointing up graph. No matter what happens, with time, the price always recovers. Moreover, I dont remember when Bitcoin really dropped that much in price. Can someone point me a day when Bitcoin lost 20% of its price in 24h? Or even 10% in last 24h?

The only panic I get is not having the money to buy at every dip and currently we’re still the bill market and for each dip now, is an opportunity to buy more rather than panic because at the end of the day, if there is a panic, there is always a possibility of wanting to sell.
There have been a lot of stories in the past about bitcoin being dead and there have also been times when bitcoin even dropped even more than 10% and yet this bounced back and I also remember when Elon musk made a post of this company not accepting bitcoin but doge and it kept bitcoin at its longest stagnant point but it still bounced back.
Over years, bitcoin has proven to always recover after every bear market with a new ATH price which is a sign that bitcoin is here to stay.