Quote from: adzino on Today at 02:33:42 AM

Quote from: BTCGalaxyA12 on May 16, 2023, 04:52:36 PM

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the level of people's trust in fiat from ancient times to very low. People are willing to work hard to earn fiat currency and convert into this type of investment.
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.

If you invest your hard earned money on something and you see your investment going down, yes, you might panic too. No matter how much you have seen the market dips, when it happens to you, you will slightly panic. I think its very normal. Nothing is wrong with them. As long as they don't panic sell, they should be fine.
And I guess those who invest what they can't afford to lose are actually the one that panics a lot when the price goes down.

Imo, it might not be a panicking reaction, I think these investors are just over thinking and being skeptical of the possibilities for bitcoin not being able to recover from a sharp dip. So, I could say it's not totally panicking but some sort of worries which we could all agree that it's kind of normal reaction when we see our portfolio being down a few percentage.
Those who truly panics are the one's who thought to be selling their bitcoin during the crash. They always tend to have this kind of mindset as they think it could cut losses moving forward.