I don't really know but I honestly don't know the kind of beliefs I have for Bitcoin to the extent that when it's price is reducing I still don't panic because as you said people will want to sell because they think that they are losing but not knowing that it is another good opportunity for them to buy more.
Moreover it is true that some social media platforms are really affecting crypto newbies that they have fears to sell their Bitcoin, looking at it, you don't have to blame some influencers because they want views and want to be trending, so they can cime up any time and say what they think will help them get views but not knowing they are leading sime crypto newbies astray.
We have to put blamed to the investors who are very lazy to make their own research but put their trust in people talks. Bitcoin is free but one must buy it before he can have it.