Amidst this volatility, those who have deep knowledge and full faith in Bitcoin are the ones who have survived.
Well it is wrong to believe that it is only newbies that is always grip by fears when ever there is a dip , even those investors you are thinking are not afraid they are but the thing there is they have high risk tolerance.They have the ability to withstand risk inasmuch as they are afraid because when compared to newbies they have much of bitcoin in their holdings than newbies.
So there are investors that have full knowledge about bitcoin dip however whenever it occurs they are restless because of the amount of bitcoin they have in their portfolio even when they have the knowledge that the price will definitely come up.newbies will mostly panic when there is a dip if they start accumulating with a huge amount of money .
Newbies will panic more than an old investor because he is new in the market and has very little experience. Unlike an OG bitcoin long-term investor who have experienced the dip several times in different circles, he already knows that a dip is a norm and he has full confidence in bitcoin that when there's a dip, the price will surely bounce back. An OG investor sees a dip an an opportunity to stack up more bitcoin at a cheaper rate, but a new investor will panic. An old investor has already prepared his mind down for a dip.
If an old investor has already accumulated a huge amount of money overtime, his bitcoin portfolio might always be in profits when there's a dip because he bought his bitcoin cheaper and earlier.