as ridiculous as it sounds, most of retailer did exactly this like in the past bullrun cycle too, even the recent dips which caused bitcoin to touch $49k, there were so many retailers panicking and selling their coin at that price, which is kinda dumb in my honest opinion, if we're already going down so bad there's always bigger chance that the price could bounce back off and yet retailer doesn't seem to understand that.

this is why knowing basic of market could help massively in determining what step to take, the paper hand amateur trader will always be the one that become exit liquidity because they are just that bad. they should've stayed with DCA.