Are you one of those who get panicked when bitcoin price falls by 10-20% in a day ? Or you are no longer affected by such price drops and continue to invest on each dip ? Any suggestions on how to control own feelings in case of such drastic drops in bitcoin price ?
After a while you really don't care anymore about the dips, on the contrary you see it as an opportunity to buy more. Of course when you are new you are constantly worried, you keep checking the prices even though maybe you invested like $50, then there are people with a ton of bitcoin who don't even check the price for days. You just need to get used to, that's it, it takes some time.
It has to do with emotions and when you’re still battling with that emotion, it’ll never make you feel good whenever the market is always on the bearish trend. Just like you said, constant worry will be in the mind of the newbies and only those that have accumulated more will even not be bothered about the price as the market dips. 10-20% dip could mean a lot to someone to panic while to some it may be nothing and will not even make them have a thought to feel bad. A prepared and trusted mind in bitcoin will always have the positive mindset that the price will always bounce back after a fall.