If it was buying real Bitcoins to HODL, and not trading futures contracts with leverage, then definitely there's nothing to be worried about. It's just the bear part of the market cycle. During the bull part of the cycle, the same people who didn't buy and merely looked at the DIP, WILL wish that they bought the DIP. The market is giving us plebs a gift, another Golden Opportunity.
How about today? Is this the right time to buy? Is it possible that the price of Bitcoin will drop even further so that we can buy at the right price. The bull market has ended, and is now in a bear market. Of course we are difficult to predict when the bear market will end.
Why complicate things like that? If you have doubts about the current price then wait for it to go down again, but if the price goes up you don't regret it a second time so make sure whether you are going to buy for long term HODL or not.
Buying the right price is difficult but we think from ATH $69k it has dropped 70% from the current price isn't that already the lowest, what do you want to wait for what you think is trusting?
At least many will say that the current price is the right one to buy. So think again.
If you believe in cycles, but it comes back to you.
A very deep drop in the price of Bitcoin today compared to 2021, indeed a sign that we should now start buying as much Bitcoin as possible for us
to hold in the long term. If in doubt and too afraid to buy Bitcoin now, I'm sure we will regret it later. We should learn from the bear market that
occurred in 2018, which many people regretted when they thought Bitcoin would go to zero. In fact, Bitcoin managed to reach a price above $60k
in 2021. Because indeed the impact of the Bitcoin halving that occurred in 2020 was enormous, that's what makes after the Bitcoin halving
the price of Bitcoin skyrocketed in 2021. Therefore, for now, let us not regret a second time and repeat the mistakes we made in 2018. After all,
buying Bitcoin is a safe step to do, because it is very likely that Bitcoin prices will recover and reach new ATH. Do your own research and analysis,
then we will find the answer that the current price is the best time to buy Bitcoin.