I would really agree with this and that is the reason why i am holding some of my bitcoins for long term.
The basic principle that I have put in mind until now is the law of supply and demand, and I always believe in the long run, the crypto adoption will increase and that would certainly make bitcoin less volatile and the value will increase, I have a big target on my holding, so I am still holding til now.

Not gonna panic for short term as a dump and a pump is quite normal for an asset that most of the volume are own by the whales.