A little correction is a very natural thing for bitcoin to experience, it is also impossible for us to see bitcoin continue to grow without experiencing a correction. even a few days ago we were also below 100k and that was okay.
Some people started selling and some others are still holding. This depends on each of us, moreover if you have made a profit, there is nothing wrong with taking it now.
Exactly. This really depends on how we understand and analyze things especially in cryptocurrency. Sometimes people panic when price pullback in and others take this opportunity for an entry some just don't care about the market because they are long term hodlers. Some take profit everytime there is an opportunity and yeah I am not this kind of guy that is why when there is peak sometimes I miss the opportunity becuase I am sometimes that greedy. 😅
It can be said that each person's strategy is different, some people even apply a scalping strategy, buying during a correction and quickly selling when there is an increase, and so on they do it. However, this requires a very in-depth analysis because you have to enter at the right time.
there are also people who choose to hold for a very long time, and as you said they don't care about a little market movement.
Experienced traders buy more at the beginning of the price increase and sell within a limited time, and I think this is a great strategy. To do this, you need to be focused on market analysis and allocate more time. Viewing excessive price charts can be a bad experience for you.
Long-term investments can be even more profitable if you have alternative sources of income. The potential to grow holdings and make huge profits by accumulation bitcoin from discretionary income every month or week. You can accumulation bitcoin regardless of price without checking price charts for long-term investments.