For someone who has a long-term investment plan in bitcoin, and doesn't have another side hustle that pays them daily or monthly will be the one to sell their bitcoin at a loss price because they need money to solve a problem. But for Someone who has a long-term investment plan in bitcoin and a side hustle that pays them, will not be forced to sell their bitcoin at a loss price, compared with the individual who doesn't have a job or side hustle.
It is appalling that some investors are no longer investing in bitcoin with the money they can't afford to lose. They are not investing money for their needs just because they heard of the bull run is coming and they forget to save up some for the rainy days when problems come
This is what Bitcoin investment is about i.e. long term. If someone is looking for short term gain then he must look into Bitcoin. See the history of Bitcoin and we can see that there is good increase in price every 4 to 5 years. Long term investment doesn't only mean to avoid selling while price is down, it also include not selling even if you are getting few bucks over your investment. For instance, there are people who are getting excited on this bull run. They must HODL and should not sell in this small bull run. If they do so they will miss out the bigger piece of the cake.