It is natural for a new investor to panic when he sees a fall in the market. But a person who can use this fall without panicking can be expected to overcome all obstacles and profit from the investment. Continue to buy aggressively without panicking during the fall If someone does not have enough money to buy aggressively, then continue to buy continuously and not be too scared when they see the fall.
It is normal for the price of Bitcoin to fall, so one should not panic when the price falls, but try to buy more Bitcoins when the price of Bitcoin falls. Now a few days ago the price of Bitcoin fell a lot, many people panicked and sold Bitcoin, they all regret it now. Now who panics when the price of Bitcoin goes down? Those who plan short term decide to panic and sell bitcoins when the market goes down. Those who plan long term never panic when the market is down, rather they try to buy more.
From my observations with new investors, the reason why most of them are always panicking when the price of Bitcoin drops—and are willing to sell everything is because many of them don't have the habit of holding Bitcoin for a long period of time. If new investors aimed to hold Bitcoin for at least two cycles, I don't think they would panic and start selling when Bitcoin begins to correct.
Another reason why some new investors panic is that they buy with money they had planned to use for other purposes, including futures trading. In my understanding, investors fear losing money when they don't have any backup funds. I feel that some new investors make the mistake of investing more than they can afford to lose right from the start, and that can cause fear of loss.as for start to avoid future panicking as end selling early new investors they should be buyjng gradually by making uses of dca strategies.
These things will always be there until they really have experience and also know more about Bitcoin and adjust to it, and those who have done it right like doing DCA, not panicking and so on all started from those who previously did not really understand and knew more about Bitcoin especially its traces which I think it is natural if they feel panicked and make purchases in the wrong way or with the wrong money which in the end they will become users and treat Bitcoin in the right way. Like this thread, if they really want to know, improve, understand and learn well and by reading this thread or others that can help or increase their knowledge they will definitely follow the right ways. And we have to provide good things or truths so that they become right and motivated if they read good things for them.
And another reason, because they started it without having enough knowledge and experience which made them feel panicked when the market was sluggish and also used the money they actually needed to buy Bitcoin and panic will definitely happen when the market is sluggish.