Those who panic have no long term plan, they have no confidence in Bitcoin. Maybe they had short-term plans, wanted to make huge profits in a short period of time. We know that if you want to make a profit by investing in Bitcoin, you need to plan for the long term. Don't be disappointed, you can't succeed in investing in Bitcoin if you are disappointed. If someone sells bitcoins now, they may regret it in the future. If you want to invest in Bitcoin, you need to be able to hold the investment in any situation. An emergency fund should be kept, not invested more than you can afford to lose. Don't panic, invest in DCA method for long term.
Panic is just a waste of energy in the current market position, just look at the price of Bitcoin a few days ago it was around $75K USD, and many predicted that it would dip even further, but in fact it gradually recovered and now it is at $81K USD. Just imagine what people who panicked yesterday selling their Bitcoin because they were afraid that it would dip even further, but in the end the price went up, they will definitely regret selling it or not trying to buy some to increase their investment. If only they had the conviction to maintain their investment and think more in the long term, maybe they would not have sold the Bitcoin they had so quickly in such market conditions.
Most times I just allow anybody that wants to panic because of market position to have his way. every bitcoin investor must understand that market fluctuation is one of the rituals that you need to go through as the Bitcoin investor, so entertaining panic and selling your Bitcoin simple means the person has a short fuse. The market is made in such way that is allows for dip and pump, today the market value for Bitcoin is $81k, we could wake up tomorrow morning to witness it at $100k, that's how the market is, it's a not static in nature, however the Bitcoin asset alone has an overwhelming ability to grow in value over time, which is why most investors don't give room for panic hence there is a dip.
All of us who are investors in Bitcoin know that the market will not always go in one direction, that is, if we always expect that the market will only go up after investing, then our idea is wrong. The market is about these two things: growth and decline. If there were no fluctuations in the market, no investor would ever invest in Bitcoin. I will naturally tell you one thing, there are many stable coins in the market that do not fluctuate, that is, there is no change in value. Would you invest in those coins or do you see any investors who are investing in those coins? Just as you yourself will not invest in all these stable coins, no other investor will invest in all these stable coins. The only reason is that the amount of your money will remain the same, that is, it will not change and no one wants to leave money where there is no possibility of money changing. So to invest for profit, you may have to face some loss or invest with the risk that you may lose.
However, if an investor can invest for a long-term purpose, then I believe he will make a good amount of money back from investing in Bitcoin over a long period of time.