The reaction that occurs when the price of Bitcoin drops is that it makes an investors face dry and his conscience begins to disappear. This happens to those who do not have a backup fund flow. That is why it is recommended for investors to have at least three months of floating funds. We who are new investors, hold Bitcoin with emotion but stay away from thinking too much about the long term for the next emergency. This is irresponsible for us who are looking after our family / for long term investment protection. The things that we are particularly interested in from previous investment mistakes are to keep a supply of floating cash funds in case of any possible situation. Protection from the risk of price dumping or withdrawal of investment in unexpected situations.
It's normal for new investors to panic and get emotional when the price of bitcoin falls, it's something that's happened to even people with a steady in therefore it's a normal phenomenon with those set of people whether back up finds or not, being new to it is enough to get worried cause at that point they're still very ignorant about certain things but as time goes on, whether they're patient enough to continue investing or not, they'll learn from experience.
The major things is the ability to maintain patience even while emotion plays it's role, cause like I said earlier, even someone with 3 months of floating funds would be forced to pull out their funds if they don't kill their emotions and remain patient, Bitcoin is a long-term investment and patience give investors the ability to hold for a longer period, overcome emotions caused by the fear of loosing funds due to price drop, that's why I classified it as one of the major things a true investor should possess.