We are witnessing a dip again and its the time when most of us sell to avoid further loss. Don't panic and relax if you already have bought at higher rates just HODL.
The positive aspect of this dip is buying opportunity.
Exactly. Some people are panicking on the current correction, but I find that completely unnecessary. It's really not that wise to follow the market sentiment in this case, when the prices are dipping on a daily basis.
Even though bitcoin may be going down at the moment, it's simply the case because we're in the bear stage of the cycle right now. Once we bottom, and the recovery starts happening, the markets are most likely going to heat up just like 2017. I expect this to happen between 2020-2021.
We are entering a big accumulation stage, in my opinion. The prices are just right for accumulating for the long term, and even though prices may adjust further down, the bottom is most likely very near the current prices. Do some dollar cost averaging on your buys right now, and you should be able to comfortably take advantage of this falling market.