True. Panic selling during a dip only shows the mindset of a trader, not a true investor and accumulator, Anyone letting go of their Bitcoin in a dip is clearly chasing short term profits instead of building long term value. And we all know that dips are just part of BTC which are often the best time to accumulate more. If we truly believe in what we hold, a dip feels more like an opportunity than a threat. Even the older pals here on the forum have always encouraged accumulating during dips, not selling.
That's right, those who panic when the market goes down a bit are not long-term investors. Long-term investors never panic when the market falls, rather they try to buy more bitcoins. In fact long-term investors do not focus on the market, their goal is to hold investments for a long time and continue investing in the DCA method. Now to invest in Bitcoin you should plan long term, if you plan short term you may face loss instead of profit. Short-term investors will never succeed, investing in Bitcoin requires long-term planning.
We are more afraid of loss than of gain. When we see that we are losing, the brain works 'loss aversion', so we think that everything will be lost. The Bitcoin market is always volatile, and it is natural for everyone to panic when they see a loss. Many people start selling in panic. Selling in panic is a short-term profit/loss reaction that destroys the goal of long-term investment and reduces the confidence of long-term investment. Long-term investors do not get involved in short-term fluctuations in the market and this attitude is most important in long-term investment. Investing in DCA method in long-term investment: Instead of investing large sums at once, investing in small portions regularly reduces the impact of market fluctuations, reduces mental stress and maintains a long-term investment attitude.
Finally, I will say that although there have been many short-term fluctuations in the history of Bitcoin, its price has been upward in the long term. Therefore, if you continue to invest patiently, you are naturally more likely to get profit.