Topic 5565493
The market is currently at a low point from its peak. At the time I was writing this post, Bitcoin was worth $96K. Investors saw their portfolios as rich as they did at $120K, but now their portfolios are not as rich, so many will be disappointed and decide to sell.
If you are disappointed just because bitcoin price dropped, then you should go back and check bitcoin price history, you should go back and take your time to learn about bitcoin investment. I don’t think as an investor that has been in the market for some time will panic or feel bad when the market is down, we are suppose to know it’s temporary, and if you can hold it’s going to bounce back.

Bitcoin price is down right now, it’s another opportunity to accumulate bitcoin at a cheaper rate, so I think people that want to invest should even be happy about that, and if you don’t have any money to invest with, just keep on holding what you having. Investors should know about bitcoin volatility, so they have nothing to worry about as long as they are planning to hold for long term.
I agree and people should just go back and check the monthly bitcoin price chart and figure out whether we're actually still doing pretty well or not.
We're currently just facing a correction, an expected correction at that because we've been above $120k for a long time already. People need to look at the bigger picture not too focused on current correction.

What guarantees is there that this is just a correction after bitcoin hit a new ath, and not the start of a bear market?

It is true that when we look at the big picture, we see that bitcoin is still doing very well. But it should be noted that not everyone bought bitcoin at the low price, many people bought bitcoin at the price of over $100k or even $120k because they believed in the indiscriminate advice of others. So there is nothing wrong with them being worried because there is no certainty that this is just a correction and not the start of a bear market, and things will get worse.

In the long run, bitcoin will definitely recover and reach new ATHs. But I don't think anyone would be happy buying for over $100k and only getting 50%-70% return after years of holding. So it's not entirely wrong for those who bought at a high price to feel disappointed or consider selling.