The Bitcoin market fluctuates a lot, but when there is a big dump in the Bitcoin market, many investors may panic and experienced investors consider this dumping as a discount and hold it for a long time for high profits. However, many experienced investors think that when there is a big dump in the price of Bitcoin, buy it and then sell it when the price increases. So that you can increase your half and make a bigger investment with that money so that you can do it for the long term.
They do not think but they understand it is an opportunity for them to take advantage of buying more to hodl. Buying during the dip reality and not what you think you need to do to have a try to see if it will work out well or not. There is nothing to fear about when the price of bitcoin falls , it is for the good of those who understands the market and the right thing do.
People who sell due to panic when the price of bitcoin drops always regret it . It will be better for new investors to get understanding about the price of bitcoin, it is nothing to fear about , it is just an opportunity to accumulate more bitcoin.
People with negative sentiments sometimes always see that in the end bitcoin is only for the short term so they cannot survive because in the end things like this happen because of the thinking where those who only try to be in bitcoin for short-term gains without being able to recognize more about how bitcoin works.
Not a few people are even destroyed because those who are in bitcoin but do not try to do it long term just because they are always focused on thinking that bitcoin can bring instant wealth. They always hold on to this even though for us it is wrong but because of the lack of knowledge and the ingrained mindset that bitcoin will bring profits quickly makes them not realize their mistakes even though they are in the right place which in the end they actually feel cheated by bitcoin and try to sell even though they feel a loss.
Although this is regrettable, this happens and many feel it so in this case knowledge is important so that we don't get lost with this kind of thinking because to be honest, even though for now many are literate for the long term but in the end not a few people also have a mindset where when in bitcoin they will profit quickly which actually makes their expectations be destroyed.