One reason why a lot of traders panic during a phase where the market is going through a dip is because they don't focus on long-term investments. As a someone who understands crypto currency you should understand that the market goes through fluctuations, the dip should always be expected. If you are not a newbie you wouldn't fret when this happens. Some people panic and sell before the rise comes back and they start regretting. Bitcoin has been reducing drastically, there are people who have lost millions because of this dip but they are not worried because they know the price would go up again, that's how crypto works.