OP probably wants to say that people are afraid of the price dropping to this extent and that's why they are running away and panic selling their assets, but eventually, everyone will come back and start believing in it once they see it rising again just like it did in the past.
But honestly, I don't understand what OP means by the title he has chosen for this thread. Although this is a repetitive thread, somehow, I do agree with OP on the point he is trying to make here. People get afraid of the dropping prices and start panicking selling which causes further declines, and people come running when the price shows positive movement.
People will only be determined to invest when they already see how the price moved, during 2017 we see that users of bitcoin user increases and attract traffic that causes more investors. However after many old holders sell their investments and causes the price to dump they called Bitcoin as scam and leave. Only those who research thoroughly will understand the cause and effect of the buying and selling. And we as investors should know our priorities whether we will hold longer and accumulate or just ride when the price already increases.