I'm seeing a lot of noobs losing their minds on the timeline about this bitcoin price drop (~27% down from ATH). Who cares if it's gox-coins or Germany's govt selling or other panicked tourists selling their Bitcoin.

Remember the big picture here: there is no alternative to Bitcoin. Everything else that you could use as money or as your savings asset, can be created relatively cheaply. That's true for stocks, property, bonds, even gold.

Governments are in huge debt around the world, and there's little honest pathway out other than printing more fiat.

We've been here before, and we'll be here again There have been dips before, and there will be dips ahead. Even more, there have been massive 80% drawdowns before, and there will likely be big drawdowns to come.

The only way to make it for the long term and HODL for >10 years is to zoom out and take a long term view. Once you do that, you see that consistent accumulation is the way.

To put yourself in a good position to do this, you have to live within your means. Earn more than you spend, and consistently stack Bitcoin with the difference.

Learn to HODL.