In addition many investors today struggle with emotional control which it lead to impulsive decisions making during the market downturn, most at time the market dip can trigger fear and panic causing most investors to sell, even if it wasn't their intention of selling off their assets.
The truth about some people who easily panic about Bitcoin prices and are always willing to sell when the price is going down, especially during market corrections, is due to the fact that some have invested more than they can afford to lose. This behavior is often exhibited by traders who attempt to time the market.
However, for someone who has invested only what they can afford to lose and does't try to time the market, I would not expect such a person to panic during a market correction as long term holder. The truth is that, as an investor, you need to understand that the Bitcoin market price cannot keep rising without corrections. These corrections are normal, and any investor should always be aware that the market will dip for reasons such as big investors selling for various purposes.
At the same time, other major investors are often waiting to accumulate more Bitcoin when prices dip. In fact, I would say that many people who always panic whenever Bitcoin price goes down are traders. Traders tend to time the Bitcoin market by deciding when to sell and buy back. However, when the market dips or the price doesn’t move as they anticipate, they often panic and sell, hoping to buy the dip again.This is where traders often go wrong because Bitcoin is unpredictable.