For Samson Mow, the correction was necessary and BTC will not take long to recover.
Some people were outraged and accused Donald Trump of manipulating the market.
After reaching a new all-time high price of over $126,000 a week ago, bitcoin (BTC) experienced a sharp correction that saw it trading near $102,000. This drop occurred in the wake of US President Donald Trump’s threat to impose a significant increase in tariffs on China, which generated various reactions in the cryptocurrency community.
For many analysts, this type of movement is part of the normal volatility of the markets. However, concern has sparked intense debates on social media, ranging from those who consider what happened as a reminder about the importance of prudence in investmentseven those who express their intention to move away from the cryptocurrency ecosystem.
Some well-known figures in the sector interpret the fall as a positive turning point.
Samson Mow, entrepreneur and developer, pointed out: «It’s time for the next bullish leg of bitcoin. Many altcoins and memecoins were at ridiculous valuations and distorting the market. When the tide went out, it was clear that there was nothing there, only air. There is no liquidity. There are no buyers.
He also added: “All companies that promoted altcoins as a base asset for ETFs and corporate treasuries will have difficulties from now on. “Massive amounts of capital will flow back into bitcoin as a new generation of maximalists is born.”
This reading suggests that the correction will eliminate overvalued assets and focus liquidity on Satoshi creation, boosting a new bullish phase.
On the other hand, some users criticized risk management, such as the case of the pseudonymous trader BrodaxOficial, who expressed that many did not respect the most basic rule of the markets: do not put more at stake than you can afford to lose. “The vast majority broke the most essential part of any investment,” explained the commentator.
Other members highlighted the harshness of the ecosystem, indicating that it is about a complex and hostile environmentlike leverage. This is a financial mechanism that allows traders to operate with capital greater than what they have available, using borrowed funds to expand their position in the market. Although it can increase potential profits, it also significantly increases risk, as even a small change in the asset’s price can result in losses much greater than the initial investment.
Many got carried away with emotion
There were also investors who recalled other historical episodes, such as Brexit or the COVID-19 pandemic, and reaffirmed the importance of maintaining liquidity and don’t get carried away by emotion of the moment.
Some stated that those who have only been in the market for a couple of years can feel overwhelmed and give premature advice without the necessary experience.
“If you think that after spending two years you know enough to ‘give lessons’, then you have a problem,” they published from the Investors profile.
Trump’s message that fueled criticism
Although bitcoin managed to recover after the correction – it is currently trading at USD 115,005 per coin – what happened generated strong criticism of Donald Trump, as there was no shortage of those who accused him of having manipulated the market.
The author José Luis Cava express his discontent by stating: «It causes the largest liquidation of longs in crypto history and on Sunday night he says that nothing happens. Unpresentable. It’s not serious. And it discredits the ecosystem.
As CriptoNoticias reported, on October 12, Donald Trump published a message trying to calm market fears. «Don’t worry about China, everything will be fine. The highly respected President Xi just had a bad time. He doesn’t want a depression for his country, and neither do I. The United States wants to help China, not harm it!, the president wrote.
However, the comment was interpreted as a sample of improvisation in the face of the economic impact that their own statements had generated.
The truth is that the recent bitcoin correction left several clear lessons: the importance of respecting basic investment rules, the risks of operating in a volatile market, and the value of experience and discipline. For many, this fall represents not just a momentary loss, but a reminder that Prudence and preparation are as valuable as BTC itself.