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It is not only new investors that are afraid of market corrections even some old investors are also afraid to take the risk of holding there bitcoin investment because they may not have a strong conviction that bitcoin price will surge higher than the current Ath and as sure option for sale of there bitcoin as a result of fear. So sometimes is a matter of how investors view the market, and also some of this investors are short term investors and there aim is to make quick profit.since they have seen the little profit they can make from selling, they will start selling since they have achieved their aim of making quick profit.
Of course - some will sell it out of fear of losses or fear of loss of profits and I think it all depends on each investor's plan. I wouldn't blame anyone for selling now if they were still selling at a profit - but selling at a loss is a mistake after holding for some time. Anyone who survives and continues to accumulate amidst current market conditions certainly has high confidence and optimism about the potential for higher prices - so I don't think they are wrong in this situation.
I am one of the holders although I don't always accumulate - but I don't feel like I should be afraid of price corrections. The current price volatility should be considered normal for several reasons - then the market will recover as investor interest in buying begins to increase. Even if I sell now - I still profit, but I prefer to hold for a longer time.