Volatile nature of Bitcoin is a big issue even for long time investment, it makes both the new investors who's intention is to learn more in the process and the old investors to experience or maximize FOMO and the fear of doubt and uncertainty Which are very common to investors, volatility should only be seen are a characteristic of Bitcoin to encourage investors not to sell but to hold and accumulate even more regardless the nature of the volatility which has made some investors to sell their investment.
I believe many investors already know that bitcoin is volatile even before going into it and this can not be the reason for them to sell their holdings or stop their learning process. I believe it all boils down to proper investment orientation and accumulation strategy which we are all enjoying from this thread, cause what an unexperienced investor ill call them would see as a loss or would cause him to panic and sell his asset another who has a proper investment plan(DCA), has checked out his numbers(his income and expenses), and has already started building a good emergency funds would be in that same position and is only thinking of buying more at that dip and continues his accumulation. Besides Bitcoin price no matter how much it falls always finds its way back up. Think about the March 2020 event too.