It is very ironic that the newbies with no BTC are likely to have the most worries on every Bitcoin downturn. Ironically the people who've been around more then 1 cycle, 5 years say are considerably less worried by the minor turbulence we're in and yet the old timers are surely more involved then a newbie so have more to lose.
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I remember reading a study about the differences between those that have reached mastery over one topic in particular and those that did not, this was a long time ago so unfortunately I do not have the source, and what the study found was that experts are able to sift through a lot of information way more quickly than the rest of us and only concentrate in a few important facts.
So while newbies are swimming in a sea of information and misinformation and they are confused about what to do, those which have a lot more experience than them can ignore all of that and concentrate on what really matters, so they are not worried at all about the current dip and instead they are taking advantage of it.
I think most individuals find it difficult to stay dedicated to their investment strategy to hit their target, dedication and discipline are the driving force to our strategy. Some folks might have a well thought out strategy but finds it hard to stay dedication and discipline sticking and staying committed to their investment. So many people in bitcoin actually knows the strategy to use in increasing their bitcoin holdings in the future, But how dedicated and discipline you to your strategy is what it takes to build a good portfolio.
So many person during the early phase of their accumulation stick to their strategy but as market conditions starts unfolding they start panicking and consider selling. Having strategy only is not enough but backing it up with dedication, discipline and commitment is necessary to increase our bitcoin holdings.
The power of habit is very strong and it can play for or against you, according to current research it can take a few weeks to a few months to create a new habit, and daily repetition is key for the habit to form.
So while the majority of those that start investing in this market do it with a great deal of enthusiasm, the real test comes once the market takes a downturn or it remains motionless, as at the time the temptation to just give up will be at its highest, similar to what happens with all of those that create a new year resolution and claim they will definitely get in shape, and by February they have already quit going to the gym.