It is not only newbie that sell when there is a dip in the market rather traders also do sell reason because the market is going/moving against their prediction or speculation and this is the reason why it is not advisable to gamble or trade Bitcoin because it can dip and take a longer period of time before it correct and surge so anyone who is approaching it with trading or gambling vibe is doing a very big mistake because they will sell at loss even when they don't plan to because they will be left with no choice.
In case you have forgotten let me remind what we discuss in this thread is bitcoin investment and not trading nor gambling, back to my statement where I said is mostly newbies who are new into bitcoin investment that sells in panics when there is a dip in the market, despite the basic knowledge they have about bitcoin they still panic and sell, because there minds are not yet matured enough to handle some kind of dips that may occur in the market, for example if a newbie who is new into bitcoin investment bought bitcoin at 100'000 and bitcoin dip to 71,000 most newbies will panic and sell off there bitcoin in other to buy back.
However, I want to remind you again that not all newbie sell when there is dip because some newbie has the basic knowledge of what Bitcoin is and some newbie are very determined that no matter what it takes that they must accomplish there Bitcoin investment and those who sell are people that don't understand how Bitcoin works and the potential of Bitcoin it is obvious.
[/quote]if I may ask who are those people who don't understand how bitcoin works, less leave trading and gambling outside, are majority of people who sell in panic when bitcoin dip not newbies who there minds are not yet measured enough to handle some certain dips?