Topic: Has anyone ever studied how Bitcoin could dramatically drop? (Read 584 times)

There is no excessive worry if someone understands the journey of bitcoin because even though the price drops drastically, there will be a time when bitcoin will slowly strengthen again according to several events that occur and we can directly see the data openly regarding its journey. The existence of increases or decreases is a normal condition because this asset is freely traded so that no one can be sure about the issue of price stability and that is not how bitcoin works. Panic or worry does not provide any benefit because we see that almost most people who panic will suffer losses in the investments they make.

If we understand the journey of bitcoin well, then the decline should be used to buy in much larger quantities so that this is the best opportunity for us. People who have invested in bitcoin for a long time must have a much better view and they can determine the direction of the decline as a step that can be used well to buy instead of panicking and doing something wrong which causing themselves to lose.

I always think about the future of Bitcoin's price because I've invested a significant portion of my money in Bitcoin. I always try to predict what might be the lowest price of Bitcoin if there is a big crash and my prediction has always been successful. I think that Bitcoin doesn't lose more than 85% of its all-time high and I also believe that Bitcoin will always reach and surpass its all-time high.

There are some reasons that can fall Bitcoin but I can't think of anything that will destroy it. Bitcoin is decentralized, it's mined and owned by millions of people around the world. If there is anything that hurts Bitcoin the most, this is if countries like the USA ban it but even if they ban it, Bitcoin won't disappear, it will fall down but it will stand up and rise.

Bitcoin has already dropped more than 60% - 70% yet people prefer to hold it because bitcoin bounces back to a new ATH.
This firm belief has made people stubborn about holding bitcoin. If you talk about bitcoin going to zero then the chances of that happening are very rare.
The best thing to do in a falling market is DCA as it gives us a good average buying price which maximizes our returns at peak price.

All the examples you mentioned can never be compared to Bitcoin. I am not saying that it is impossible to create a currency similar to Bitcoin in its properties and effectiveness. We have some cryptocurrencies that were created according to the same Satoshi protocol, such as Litecoin, but these projects did not gain enough popularity as Bitcoin, although some of them were able to add an additional layer of protection or strengthen the network. I repeat that this does not mean that we have completely stopped producing good projects or that Bitcoin is the master of all times, but currently there is no real competitor to it and we may not see competitors to it in the relatively long term.

I think that even one understands them, they still can worry. It is inevitable you know but the only difference is that they can snap out of it immediately in order to prevent worse things. If we are into longer terms of investing, a volatility in price can still be an important matter to us, like for example if we will buy at lows but for those who are doing a DCA method, then yeah they can ignore it as well.

@OP, saying 'study' seem too deep but actually it is only simple knowing if BTC will dramatically drop like by just basing on the news for example. If there is a severely negative news about BTC or even related to it, then that can surely affect it badly too. Like it or not, it can happen sometimes, so just be prepared with it or else feel free to pack up your bags and leave.

The situation you are talking about has already happened more than once. I am talking about when Bitcoin Cash was created, and many said that it could replace Bitcoin, and many altcoins with fast transaction execution and cheap fees tried to replace it. But nothing happened, and Bitcoin remained digital gold. Nothing could defeat it over all these years. And even when we saw strong lags and slowdowns on the network because of Ordinals, Bitcoin was still not thrown into oblivion. It remained number one in cryptocurrencies.

Totally agree, I think there's no need of worrying about the price of Bitcoin. Because as an investor once you start monitoring the price of Bitcoin it will going to trigger you to sell your Bitcoin when you are not supposed to sell it, while because you have already have this feeling that when the price drop that it will not go high again. which is very wrong, Just buy and hold and remove the mindset of monitoring the market price.

Currently, there are no indications that this could happen anytime soon, but it remains a valid hypothesis and is likely to happen if several factors are available. Perhaps one of the most important factors that could lead to the collapse of Bitcoin is that users lose confidence in it, especially if they are able to find an alternative that can replace Bitcoin or has better features. Currently, there is no currency in the world that is able to compete with Bitcoin at all levels, but we cannot confirm that this will always happen in the future.

I mean, how can you study something that hasn't happened? If you ask what will be the catalyst of the Bitcoin's fall, I understand. Bitcoin is a currency with one of the highest market capitalization compared to companies like Apple, Microsoft, Facebook, Twitter and so on. So, something expensive like this can't fall that easily.
I think that the only thing that can cause Bitcoin to dramatically drop will be Bitcoin ban worldwide and I think that the chance of it happening is slim to none.

If one or two countries bans, even if it's the USA, Bitcoin won't dramatically drop or it might drop but bounce back in a few months.

Drastically drop is not saying it all, because we may not understand your full intention on what the world may convey on mean to you by using it in this context, bitcoin has always been a volatile digital currency, which means you can discover some period of low or high volatility and these shocks always occur when there is an event of breaking news or when the investors are moving their assets from one point to another, so we can say bitcoin has always been falling drastically as well as rising rapidly, but when it falls, it surely rises, don't expect having the same intention as we may develop for the altcoins which some may not rises after their fall.

If you are really that having that wrong perception about Bitcoin investment or just like on what been said above on which its about being a quick rich scheme then you would be having those reactions on which whenever the price do make out some small retracement or pullback, then you will be having that kind of thinking that it might go even more lower on which this will really be causing up for you to panic sell whenever it drops and will be buying out at the moment that it will be starting to pump up. This is the usual case on which most people that been trying out to do specially if they do still lack knowledge and experience towards trading or investing with Bitcoin. Whenever you hae decided on making up some investment on which it isnt really just that limited to Bitcoin but also in other things as well then it will be that proper or in should be default that you will be thinking about the proper information and be that applying with these things or ideas that you have been able to read. Drops and pumps are normal in a market because it wont be called a market if it wont really be having those ups and downs.

I do agree that we are going to see bitcoin to recover, whenever it falls. That's the whole point of crypto market, well to be fair most markets are like that, when there is a fall, there is a rise and that's what we should be seeing here as well. I get that some people are worried about what they have, but in the end we are going to end up with a great result without a doubt, so we shouldn't really be worried about anything.

If there is a good bull run now, then we would be happy, if there is a big bear run, we would just buy and hold and still be happy knowing that our accumulation will end up with wealth in the end. So, there is really nothing that we should be worried about, we should always consider this as normal and not really make a big deal out of this, if we can keep this going then we could definitely make a good return.

You get worried when you don't properly understand how Bitcoin works, the bull, and bear market cycle involved, the volatility, and you go about doing investment. If you do, you should have learned to stomach the short-term price volatility and focus on your goal with Bitcoin, Meaning if you Bought Bitcoin to HODL for a long term, let's say you are holding for a period 5 years and More, then there's no need to worry about whether Bitcoin would fall or not, just relax and wait for that time to come.

BTC could drop for a number of reasons, the first reason is high selling; if everyone starts selling their BTC for profit booking, then at some point, it will drop drastically, and we will see big red candles. This is imminent, and if not now, then it will drop sooner or later.

That would be the start of the bear cycle, and that's a good point to fill our bags with BTC again to book profit in the bull cycle. I am not worried about big, dramatic drops in BTC. I am looking for opportunities to buy more already, but currently, I am waiting to book some profit once the tokens I bought make some pump in this bull run, then I will wait for the bear cycle.

For me it is okay to invest in bitcoin in a long term or short term strategy but people should start it based on the right knowledge so that there is no panic when the price starts to fall. In some capacity we will make a percentage for investing in bitcoin and usually a small percentage will be played to generate profits in the short term and the rest will be saved in the long term for the investment process that is being carried out.

Panic is half the failure and if people are unable to avoid it then the potential for loss is very high. If the price goes down then what needs to be done is to wait because bitcoin always gets a moment of recovery that will occur so that the price will strengthen again as usual.

...if all you know is that a long term trend hits an ATH, returns beyoung limits and repeats the process overtime, without even knowing the catalyst in-between, how then do you build your hopes on hitting several more ATH's in your lifetime (as you may presume)?

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People have several speculations as to why alot of things happen and this ain't an exception; I learnt 75% of occurrences are affected/predetermined by previous events, which is what takes us back to Fundamental analysis.

(Didn't wanna quote the last part cus it says the same thing)
We've got several other reasons why, but I'll just tell you my favourite; the news!!!  Maybe a natural disaster or something similar on the news  would affect the USD, thereby causing a reduction/surge in price.

The simple answer that can be said is that price is determined by supply and demand. When demand for bitcoin is higher than supply - then it is likely that bitcoin will rise, while conversely, the price will fall if the supply is higher than demand. Massive selling can cause prices to drop drastically - of course this is caused by an imbalance between supply and demand. The same thing also applies during large-scale buying - prices will rise drastically due to an imbalance in supply and demand.

My simple advise is that if we do pay attention to how and when Bitcoin will DIP then we won't be able to invest enough into our portfolio. Those who aren't scared are the ones taking charge and purchasing quite some numbers of Bitcoin without being disturbed about any probability or declining factor.

Bitcoin isn't risky, sometimes we bring the risk to our investment like for those who would invest with capital that is not meant for investment purpose, doing such can hinder the long term approach and when raise the urgency of that funds then the investor will be forced to withdraw whatever it is without considering the fall in price, all he want is to acquire part of the investment in other to meet up with returning the money. Practices like this leading to panic isn't a likable approach when dealing with Bitcoin investment.

The important part is that bitcoin is attractive and useful, just like many other technologies that continue to exist. This means that even if it drops it's going to be due to market sentiment, not the lack of value.

I always say that there is price and there is value. Bitcoin's market price can change but it's always valuable and it's real value is somewhere in the middle of the market price, which is why moving averages are such good indicators. Don't worry that bitcoin could drop, it's not important. The important part is it will stay in the average and that average is somewhere above $50k right now. Accept that it could go below the average for a while, but eventually will come back to and above it.

I've seen $5k bitcoin, so $50k is fine. I guess you have to grow into it and the earlier you start to get used to being under your entry price the easier it will be for you to hold. All holders were under water at some point and made it back above. The first time is always the hardest.

Panicking are mostly associated to those who approaches Bitcoin investment in terms of seeing it as a quick and get rich scheme for short term profit maximization within the shortest time frame, anyone thinking about Bitcoin investment should have long term perspective hence there wouldn't be any need for panicking because you are not yet ready to sell but to keep increasing and holding and that's is the best approach because it values can appreciate over time resulting compounded value of the assets over the long term. However, anyone investing from his or her discretionary income is not meant to panic because it is assumed that the basic needs are already taken care of.

Everything about bitcoin is transparent and everything can be clearly understood so there is no need to think anything is secret a true word was said there, the only thing you need is to understand the market and the chart then you have less worries and you will see everything in the chart the period there was an increase and the time the market was down, it is all shown in the chart and it's very easy to read just that people are lazy and they don't want to stress there self to much in reading does chart.

And for now how the market drops does not matter that much and when you already have knowledge about bitcoin I don't see the reason why anyone need to panic against the dramatic fall that is even if there is one because understanding the dramatic fall is what I don't even understand and you can predict the future of bitcoin sometimes, because the price might drop and the next thing might be another increase.

And patience is just the key thing as you said, there is no way you want to do a long time investment and you won't have patience is not even possible, so anyone one your tell about any long time investment should be ready to hold on for a long time.

60% down is much, that’s way more to chase a scare for real. That is, given the consideration of where you bought Bitcoin and not exactly where it pumped to and later dropped. When it dumps 60% that’s below average and just 40% from complete liquidation and I’m guessing that could never happen or would never happen.

The Big investors having huge stake in Bitcoin would never let this continue, they would buy more as a way of getting other traders to see it for a buying opportunity which it is eventually and would buy to get price pumping once more.

Bitcoin price movements are no secret, so it's easy to look at the charts and see for yourself. Bitcoin drops in value dramatically regularly (although that also depends on what you consider a dramatic drop). Sometimes it can recover quite fast, but if it's the bear market coming, it might take several years (around 3 years, to be more exact) for Bitcoin to fully recover. That's just how it works, which is why patience is key with Bitcoin. If you're not okay with your investment being 60% down for a couple of years, Bitcoin just might not be for you.

Bitcoin is a volatile digital currency and it fluctuate at any second so the matter someone study the movement, he or she can't get the accurate information on the rising and falling price of bitcoin. And what you have to know is that, bitcoin has two seasons. Bear Market season and Bull Market Season. And we have been on the rise since November 2023 and now it is above $104+k. And we don't know what price the bear market will be and that is an another prediction on it own. If you are investing then you don't have to look for the dip or the rise but DCA is good for you. And if you are trading, use the movement of the candlesticks, line and bars to check the movement, there are other tools but o don't know your comprehensive ability so you can go with that for the start.

No study has ever proved that Bitcoin operates using a structured pattern. Yes Bitcoin will rise and Bitcoin will fall at certain interval that is its nature due to fluctuation. If you have studeid Bitcoin well then you should know that Bitcoin rarely go below its previous ATH and there are several reasons to the price dips.

Another thing your study should have thought you by now is that after a bearish season Bitcoin comes back up and it does breaks new ATH. This means there is a level of price drop we cant see around Bitcoin. Bitcoin cant go below $10k if i am wrong prove the logic that it will?.

There is no need to worry too much about Bitcoin's journey because you can check it on historical data and even though Bitcoin has experienced a fairly sharp decline in its journey in the market, there is always momentum for Bitcoin to rise again so that its price in the next cycle will increase. Excessive worry actually occurs because someone does not understand Bitcoin's journey so they feel panicked and worried when Bitcoin experiences a fairly sharp decline.

Forget about the decline and increase your investment responsibly so that you will see new price movements in each cycle that runs and most importantly do not panic so that it will be much easier for you to understand the journey process.

By dramatically do you mean dump? Bitcoin is not a meme coins to just dump in price and everyone goes into loss. It's decentralized nature gives it a key feature that differentiate it from all other shit coins out there. If we speak of dip, that something else entirely, price will always return to a lower level before shooting back. For now, we are still in the bull season and price is expected to continue in the up direction.

There is absolutely nothing to worry about now because Trump is going to create a Reserve and this is great news due to which Bitcoin can grow in price very much, because the US government will need to buy it, and in very large volumes! And even though Bitcoin is experiencing fluctuations now, the price will grow in the long term.
Everyone is already waiting for the price of 130-150k and this will really happen, and even MicroStrategies continue to buy bitcoins, and the feeling is that this has already become a tradition that constantly pushes the price up by a couple of percent.

When you are just that something new and really that liking to invest or dealing up with this space but you do lack up some effort on learning things up, then most likely you would really be that misinformed into the things that you might be able to hear around then you will be easily that believing it directly because of lacking knowledge but if you are someone whose really that having the common sense on how to make such good approach. We do know that when it comes to price then it would really be having that 3 possible movements on which it will really be that going up, sidewards/consolidation and dumping state. Therefore, once you do step your foot into this market then make yourself that wary about into these situations and probabilities. Whenever Bitcoin price drops then everything drops or simply it is really the main market trend setter on which we do know that when it comes into movements and trend then if you have been on this market for a while then you will definitely having that awareness on how this market moves and on what are the actions that you would really be taking and thats really that an advantage because this market do pump and drops. This is why you should be wise when it comes to selling or buying because opportunities do really come and go and this is why it will really be that important that you do really know to distinguish.

When BTC dips, everybody new panics.
Those who know - they buy it up and roll with the waves 

You can use that to buy back more Bitcoin at a low price and hold it until the price increase. That is what they did with their Bitcoin and not panic or sells Bitcoin at a low price. They know the price will increase again so if they can buy back for more, their chance to makes more profit will be there.

Maybe they are loss when the price drop but they will be back to profit when the price increase. And in that time, their profit will be bigger than before because they can accumulates more amount of Bitcoin.

But we don't know when the price will be drops or back to increase. No one will know about that so it is better we enjoy the ride and prepare to buy back for more.

Maybe he read to much negative stories and just came unto this conclusion which is somehow hard to happen on Bitcoin. But somehow he's doubts has a basis but its far from reality that it will happen for now.

Bitcoin is strong now and provably that more adaption and its unique limited supply feature would provably make it became more valuable in future. People like Op should not worry about the dumps and rather he should plan on how he can take advantage on that situation since instead of getting afraid on that better take advantage with it then buy Bitcoin at dip then earn when it pumps or start to become a holder and earn with it with total volume you acquired for many years of accumulation.

Looking at how dramatically we are looking into this, we are talking about a situation where it is not really that easy to handle, we are talking about something that trillions would go away, and we shouldn't really assume that is possible.

There are people and companies that invested tens of billions individually, look at microstrategy alone, and look at all these ETF's as well, basically if this were to happen, it could be like 2008, cause a chain reaction, many would bankrupt, and those bankrupting companies could result in many others to also bankrupt, and it would be like a chain reaction that could be terrible for the finance world.

We saw what that meant in 2008, and I am pretty sure it would be basically the same. I am not expecting it to happen though, looks like bitcoin is still pretty strong and I am not guessing it will be getting any worse any time soon, we are going to see it not have a dramatic drop for the foreseeable future.

I believe you know that bitcoin price is unpredictable, but if you are waiting for bear season to fall before you can buy, make sure you prepare yourself financially because no matter the high price in the market, it will definitely come down when it is time for investors to see bear season, i have seen many people monitoring the price by visiting the market until it enter bear season before they can buy and hold, this is bull season in case you don't know, all you need to do to be part of the bear season is to start saving some funds in your account and start monitoring the price daily or weekly.

OP probably is thinking what if a whale acquires a whole lot and suddenly sells it. But a lot of the supply are redistributed all over individuals. I do not think it will be possible for someone to own most of bitcoin and manipulate it by selling it abruptly all of a sudden all at once. Meanwhile typically with altcoins or specifically memecoins, since it is the owners that are usually that manipulate the market because they want to make profit for themselves.

What do you call a dramatic drop? We all know that Bitcoin has a volatile nature like any other cryptocurrency and that we have bear runs and bull runs in each Bitcoin market cycle. So, the market does go up and down based on the conditions we are in, but when you talk about a dramatic drop, Bitcoin doesn't come in mind. Altcoins are usually the ones that lose their value dramatically sometimes, and it mostly happens because whales tend to acquire large potions of their total supply, and easily manipulate their prices with it.

Those who invest in Bitcoin should study the coin and its history before they do so. This will give them peace of mind and allow them to stay assure that their money isn't going anywhere, it can lose or gain value at times, but eventually, they are going to get some profit out of it.

It's foolish to invest in anything without doing any research about it.

i don’t know how you can properly prepare and avoid this if it were to happen

the only way this will happen is if everyone collectively doesn’t find bitcoin useful and valuable anymore maybe there is some particular event that could impact this but since bitcoin is not controlled by any entity it is still up to people how to make use of it and perceive it as valuable

Well if they just pay attention on other things and just learn more helpful information for sure that they won't ask this question. Knowing its unpredictable for sure that no one knows about when this coin would possibly dump.

But if they just exert some effort to know how to read the chars and other things that can help them to do good decisions on their trade possibly they can decide well what better approach they would do on certain situation happen with Bitcoin.

For now better not to think about the dump since there are more better things to look forward with Bitcoin.

The answer will be still calm down. People already study about that but no one can have a right answer rather than just prediction and speculation. You can avoid the loss by learning about manage the risk so you will not face a big loss.

You can just enjoy the ride of Bitcoin journey and try to make a profit from that.

I believe there is no option for Bitcoin to fall dramatically.

First, Bitcoin is limited in supply, and the mining process is becoming increasingly difficult. As a result, it will be challenging to mine new coins.

In many countries, it is becoming easier to transact using Bitcoin, and the demand is rising rapidly every day.

If you are concerned about a potential dramatic drop in value, consider that in the future, it may become more difficult to acquire Bitcoin. Mining is expensive, and the number of available coins is limited.

In my opinion, there won't be any dramatic downturn, and future developments will undoubtedly be significant.

Honestly no one could know the potential dump or drop of bitcoin since its a highly volatile asset whereas it down huge for several times during a bear market but it always got recovered in the process.

It always wewrite the support and resistance from time to time so its gonna be tough to say that.

Bitcoin has its own timeframe when to dump and when to pump again reaching new heights. No one can certainly tell that this month or year we will be seeing bitcoin dramatically dropping because bitcoin price itself will always be unpredictable.

However, there are also signs that bitcoin price is going to drop. If we are constantly hearing negative sentiments and news about bitcoin and cryptocurrency, this is a clear sign that bitcoin price will definitely drop deeply, but recovery will always be certain after few days or months.

It could happen but first things first, look at the space, so lively and very active, the government is trying to adapt to the changes and the global market wants to get in the trend. You don’t see it as a bearish sign so that’s why you should know that 2025 could be another year of breaking ATHs for bitcoin and altcoins, no one knew but we use the global scenario as a basis. Yesterday trump launched his token on solana, it’s another sign that everyone is into crypto so 2035 might be another bullish year.

Since its creation, Bitcoin has consistently followed the four-year circle without breaking it. There has always been a bear season, when the price drops and when the price increases called the bull run. This consistency for these years shows that the price will not drop drastically. Since the future cannot be predicated it is wise to diversify your assets. Don't put all your capital on a single asset because nothing is certain in life.

LMAO!


This is a good approach. Make sure you'll remember this for the... let's say 2 years from now, and, if you don't buy, at least you don't panic sell.
You know, just in case that, by chance, the 4-year cycle still stands until then.

the difference is that the president of the United States now supports BTC. this is different from 4 years ago, objectively. I dont really care to debate this since I'll just buy more if I'm wrong and it does dip. so its win win for me 

Bitcoin itself was designed in the way each new halving should less effect. So "forever" is a too big/strong word. Nobody sane expects that.

However, we've had the 4 year cycles until now and to the point they were pretty accurate (not perfectly, but not bad either). And this makes us believe that it'll go the same... until it won't.

And we've already heard the "this time is different" play also 4 years ago. So... imho you didn't say anything new nor convincing and I don't expect people (me included) say too soon anything about expecting to see the cycle broken.

Of course, I have no crystal globe and I can be wrong too. How about you?

no offense to anyone here, but people are so stupid for thinking that 4 year cycles will continue on forever. BTC is still in its infancy. I wouldn't even call it "Early adoption" stage. we're not even there yet.

once BTC has the backing of the UNITED STATES of AMERICA for the first time, this will ignite an arms race to acquire as many BTC as possible as quickly as possible.

I hope Trump, or the federal government doesn't actually buy any more BTC. just hold the Silk Road coins. then, let the STATES acquire with their own budgets. this will finally demonstrate the fiscal/monetary competencies between blue and red states. at the same time, we will see other nation states purchase BTC....as well as institutions.  

BTC halving will no longer have a material impact to price since obviously most coins are already mined. prices will be dictated purely by supply and demand. and in the short term (2025), we will see some wild swings with whales selling, other whales buying, but prices will normalize at a much higher level than it is today. I dont know if this is $150k, $250k, $1M, or $5M, but it will be very high very soon.

we will see some volatility like all asset classes do, but it won't be +/- 10% daily swings, nor will it be +/- 50% annual swings. we will grow exponentially the next few years, and perhaps a small step function graph in halving years, but in-between, I see consistent and stable upwards movement

you know right from time people do say that bitcoin is unpredictable so for me I will say that what makes the price of Bitcoin to decrease in value is because of the level of people or companies who involved in the market so that is why the price of Bitcoin get increased Also make the price or Bitcoin get decreased So what I understand is that nobody come tell you exactly automatic the price of Bitcoin to be decrease and when the price will increase and when the price will not increase what they are doing is just ordinary prediction which nobody it prediction is accurate

Anyone who knows about the four-year cycle of Bitcoin expects that Bitcoin price will dramatically drop after its peak this year.  Since when Bitcoin reached its peak price this year, the market history tells that a transition from bull market to bear market is inevitable.  And during this bear market, history shows that the price of Bitcoin dramatically dropped to more than 50% of the peak price (ATH).

If you are holding and wanted to avoid an important loss, you can either cash out before the bear market begins or just keep  holding and wait for the bear market to transition to bullish market and sell when it started recording new ATH.

Cumulative bitcoin has mostly been on the up trend but requires some patience through the up and down movement it will be making to the top through circles and that is why after some drastic falls, it still finds its way to going back to the top by breaking through new ATH's.

Are you looking for a way bitcoin will crash or your should be focusing on how you can get as much as you can before different nations and institution start competing who will have the highest bitcoin reserve? I feel that your question is coated in fear and anxiety which is something you should not allow to thrive else you might miss the opportunity of owning bitcoin. For your information, the price of bitcoin does not continue in one direction only, it fluctuates but even if it drops, it will always recover. This is the reason why you should not be afraid of buying bitcoin whenever you have the opporunity because it has proven to be a reliable investment over the years.

There are several factors that could potentially cause Bitcoin to drop drastically, but they are currently unlikely. These factors include a third world war, a global economic crisis, vulnerabilities in ECC (Elliptic Curve Cryptography), pandemics, and many more.
But the real point here is that we must trust what works, and currently, Bitcoin is performing better than ever as an investment.

Bitcoin price drop shouldn't be something to worry about because it will surely rebounce. It is when you sell during a price drop and you bought higher than that price that you will be in loss, but if you don't sell a dime, you are not in loss. The odd of bitcoin price going up overtime is higher than the price going down. This means that it's easy for bitcoin to reach $1m, than going to zero.

I have invested in Bitcoin and got my capital on it. Fortunately, it went well. I have to sell some along the way but I've held firmly until now. So, in my experience, losses are going to come if you sell at losses or below the price you've bought BTC.

It's normal to have this thought when you observe it during the peak. The time will come that this peak will be another part of the historical peaks that we've been through.

Fiat money and the global debt bubble are much worse than a few years ago, so those fundamentals should help Bitcoin resume the rally ASAP! 

Thanks to everyone who replied!
@Wave Rider well the fact is that bitcoin these days reached a nice peak!

I have studied how Bitcoin does dramatically drop, and the numbers are stunning. The first Big Bull market went from $1 to over $32 very quickly and when the crash came it eventually bottomed at almost exactly $2! Every other big rise has been followed by a Huge fall. How and why people enjoy blindness to this reality (ie HODL!) is hard for me to understand, but their losses create gains for good traders.

Man, as a student, I don't know if that's the best way to put it. But I know the history of bitcoin and its big price drops, I know it's an extremely volatile asset, but I also know the long term trend is unstoppable upwards, so I don't care so much about the drops.

And precisely in this cycle it does not seem that there is going to be as much to worry about as in the previous ones. If you go long, to a minimum of 4 years of investment, you should not worry too much.

By the word it say Bitcoin movement is unpredictable that already a great indicator that no one could accurately say on when Bitcoin would drop. If you are doubting to accumulate now  listen to your self since that indicate that you are not ready to invest on Bitcoin.

Better do some research first and try to learn more information about this coin.

Anyways try to read this https://cointelegraph.com/learn/articles/day-trading-vs-long-term-cryptocurrency-hodling-benefits-and-drawbacks Maybe you could get some knowledge which is useful for your future investment or trades.

This is my personal opinion, the rise or fall of a coin whether Bitcoin or any coin is a common thing, in essence every time there is a buyer there must be a seller, this triggers an increase or decrease in price, if you ask ‘how can Bitcoin drop dramatically’? of course this cannot escape the bad news that happened, so the holder decided to sell because of fear, but if you are really an investor who wants to buy Bitcoin in the long term, you don't need to worry about that because the potential for future Bitcoin increases, we can see from the amount of good news circulating today, before deciding to buy you have to believe in what you are buying, if necessary do basic research so that your confidence is getting stronger.
 

to first know how it can drop dramatically, you need to also look into why it doesnt..

basic economics.. if the most efficient mining cost on the planet was say $60k.. no one can get bitcoin for less, so no one would want to sell bitcoin for less as that is then a loss..
so with the speculation above $60k shows people right now hare happy to pay ~$100k on the public markets. if the speculation/demand dried up people would give up selling coin to the $60k mark and the speculation would begin again to raise the price

at this moment the pacific islands (japan, hawaii and such) have high electric cost thus high mining cost ($350k/btc) so they ar very happy to market speculate and buy coin at just $100k(3.5x discount, so very happy), thus support the buy pressure..
the cheapest mining cost on the planet is ~$60k and thus sets the bottom support level..
and everyone else has varying cost/value sentiments in the middle, and so that is why there is a large spread in the speculative window of possible volatility at any given time.. (this season the price can swing between $60k-$350k, (but is steadily playing around the $100k mark right now))

so then you can ask why would the price want to or need to drop to the bottom
the reason: market correction after a sudden pump/rise/spike

then you can ask how could we drop the most efficient mining cost or make it so even miners would sell at a loss to break the bottom and go lower quickly
the reasons..
the code bugs out and makes bitcoin break its economics
the mining cost of hardware or electric gets cheaper by some other efficiency reason
the hashrate drops via less miners, where it becomes cheaper to mine for the remaining miners due to less competition

there is scenarios where by all the miners that are mining at a cost of $60k-$90k would drop off from mining when the market goes down. this means the remaining miners at a previous $60k cost get more sats per block so they are then averaging like $30k per coin cost which can then allow for the market to fall to $30k..

but this would require the market speculation to dry up where the amount of buyer are not trying to support and raise the price, but instead are selling in fear and dropping the price
..
now here is a thing about the "bottom" being well supported and how its not easy to just drop the bottom..

many asic farms dont pay bills per month. instead they buy electric unit contracts that cover 1-2years of constant power. so there is no point in switching hardware off. so they have a fixed cost over 1-2 years so they end up supporting a minimum hashpower baseline of competition.. bitcoin code would need to severely and long term/permanently break to cause the mass asic farms to switch off and cause the step down of the "bottom" to cause significant price drop

..
all you need to know is (as said) while no bug is breaking bitcoin, this season the market can swing between $60k-$350k so expect that when it gets near the premium there is then more room for a larger correction back down to value (the higher it rises the bigger the fall)

whilst there is no bug breaking bitcoin. periodically/seasonally the speculative value-premium window will move up. whereby for instance as of summer and winter the $60k minimum is no longer $60k but a higher number. and the $350k possible premium is no longer $350k but even higher...

but..
if there was a bug or something significant happening to the underlying mining cost which can impact the speculative window of value-premium to drop. then the market could significantly drop

You can avoid big loss by using orders like Stop loss order, or Stop limit order.

Stop loss, one of best weapons in Trading.
Stop limit order, another weapon in Trading.

Understand about Bitcoin correction history and psychology of market cycles can help too.
The article.

Psychology of market cycles.

You do not need to worry by now. Just buy and hold it because the price will rise to at least to $150000. What you should be concerned about is 2026 if the price will fall or not. We do not know yet how bitcoin strategic reserve will make the price be during that time. Normally 2026 supposed to be a bear market time but we do not know if the bitcoin strategic reserve will make it be otherwise or not.

I hope this will never happen of course, but for who have invested capitals, it may be a question someone have answered accurately to avoid an important loss.