Those who understand Bitcoin, including its volatility and choose to invest in Bitcoin, are very easy to panic about the price, even though Bitcoin has been proven to be a future investment choice. There must be something wrong with them.
I think it's a contradiction, those who understand Bitcoin should not panic about the price since they now how volatile it is. And for those who panic even though they know this, then it's a not a true investors at all.
Maybe for them they think that Bitcoin is a get rich quick scheme, invested and then when they see the price going down, they quickly push the sell button. So for them to really have knowledge, for me, at least one full cycles (bear and bull), will be a good good experience for everyone and see if they can really withstand what Bitcoin investment it and how they are going to react for the ever changing market.