Of course, anyone in their first whole cycle should not be too preoccupied by price in the first place, especially if they are just ongoingly accumulating bitcoin, unless maybe they had front-loaded their investment, which might cause them to be more concerned about such a thing, even though I consider that even someone who might have had lump sum invested in bitcoin in recent times, they likely should be supplementing their lump sum investment by DCA and/or buying on dips...
Exactly! And I believe about 60% of us on this thread are newbies or are likely in their first cycle(not including you as "us" 
), whether they invested a lump sum earlier or are just accumulating gradually over time.Those who invested a lump sum earlier would have accumulated more Bitcoin in the $50k-$60k range. Even with the correction to $73k, they should still be in profit. However, they might be thinking about the potential profits they had when Bitcoin was above $100k+ (especially if they were heavily focused on the upward price chart). But to me, this correction is like having an opportunity to accumulate near their previous accumulation point, thus hoping for even greater ROI when Bitcoin reaches $100k again.
Hence, for the DCA investors, investing small amounts they can afford periodically, the recent price movements to $85k shouldn't represent a significant drop in their portfolio, at 73k maybe some little obvious drop as well compared to the profit made ( the capital should still be intact to some extent) , did remember we spent some time within 90k~100k,although it depends on their entry points and how frequently they've been accumulating. Some entries would have been made above $100k and would have also had some effect in their portfolio yet should have payed off already !at current 90k if they've continued DCAing in the DIP.
Also, I agree with supplementing lump sum investments with buying dips or DCA. Everyone is free to choose whichever strategy suits them best, especially if they are used to lump sums. However, I do think buying dips is a good approach, but that will depend on the portfolio status. It could be done similarly to DCA, but with opportunistic buys during price dips.
You seem to be focusing a lot on the BTC price, and surely if you are largely in your BTC accumulation phase, then I see little to no reason to even concern yourself about the extent to which you might be in profits or not... since many times guys might be thinking about 10 years or more before they even start to consider selling parts of their stash.. . but yeah, some people feel that they cannot wait that long and they maybe are confused about their investment timeline.
I personally consider that no one should have investment timelines that are less than 10 years unless it is for age and/or health purposes, so otherwise, a guy might spend a couple of cycles accumulating BTC and even a whole another cycle just holding before he might consider starting some kind of a sustainable withdrawal that might be based on price and/or time.
When I started investing in BTC in late 2013, my portfolio was not really in profits for about three years.. even though surely, I did start to worry less about it after 2 years since it was close to break even at that point and it was holding its value, so yeah, I do understand that our morale can be affected by perceptions about our bitcoin holdings being in profits, yet really, for any of the newer investors, it seems better to try to focus on ongoing accumulation rather than concerns about the extent to which they might be in profits or not.
When investing/accumulating Bitcoin overtime, the goal should shift from wanting quick and immediate profits to building a very solid foundation for the future. It’s more about finding a strategy that suits pretty well with you goals and also help you stay focused on those long term goals. Another importance of prioritizing long term goals and consistent accumulation is that it helps the investor to reduce the anxiety and emotional/mental stress associated with the short term price movement of the asset.
The investor also gets the chance to really understand the market as well as the potential of Bitcoin when hr choose to employ this strategy in his accumulation stage. Confidence in the investment is built through continuous learning and growth and one is able to make more realistic decisions without fear or panic. Especially for those who are relatively new to Bitcoin investment, setting realistic expectations and focusing on the long term potentials of the asset is very important as this is the only way to avoiding being caught up in the short term speculation.