Don’t. Panic.

This happens literally every single time Bitcoin has ever dipped. Stop checking the price and focus on the trends.

If you’re interested in a sober analysis of the factors that determine the supply of Bitcoin over time I would strongly recommend the Bitcoin Halving Spiral and other analysis from Bitbo.io since that is the only piece of information that’s a known factor in the current intrinsic value that Bitcoin mining operations use to determine if they can profitably continue their operation.

If the fundamentals of the spiral breakdown then there could be severe breakdown in the dynamics that determine the demand of Bitcoin but until that day comes the conventional wisdom is that it will eventually recover no matter how many people tell you it won’t.

Stop trying to time the market. You will never be able to predict when the pain will stop and when the party will resume. ​