That's exactly my point, when you're a trial of Bitcoin investment and it has master you, I think that whenever the price of Bitcoin dropping in the market it will no longer affect you, but people who is new investors what they expect immediately they invest on Bitcoin, is for the price of Bitcoin to continue to rise, when bitcoin price increases they become happier, but when the price decrease immediately they purchase Bitcoin, they will become restless, so its the beginners of Bitcoin investors that panic to the extent of selling their Bitcoin, at cheaper rate in order to recover their capital, because they lacks patients until when bitcoin price will increase.
You explained little more well and yes experienced investors are used to market ups and downs and are not worried when price drops. They know that Bitcoin value can change a lot. New investors however mostly think price will keep going up forever. When it drops they get anxious and might sell their Bitcoin at loss to try to get their money back. This happens because they do not have enough patience and do not understand how market works. Experienced investors have been through many market cycles and can handle ups and downs better. New investors are on other hand are more likely to make quick decisions based on short term price changes.