Maybe all they need is to repeatedly have this kind of experience so they won't panic because they've gotten used to the downturn and can finally use it to buy more.
But if they're never willing to learn what to do when the market is down, they'll just keep panicking without being able to use it for them.
Yes, emotions play a big role but it depends on how they can manage.
The price is still around $40k but the green candle has returned to the market.
So there is a possibility to see another increase in the next week.
It takes about 2 to 3 years depending on when you got in. People end up seeing the price go down for the first time and do not understand it when they see it for the first time, but when you see it again, you kind of "expect it", you may still end up getting in panic mode and sell but this time around you know what happened last time so you kind of expect it to go up and instead of selling you should have bought more.
After that, the third time is quite easy, that is years years later and you would be basically racking in cash at that point because you know what you should have done. I am not saying that you can't make mistakes, but at least it would be dropping to a minimum.