You are right ,most people that panic and sell their bitcoins are probably traders which maybe short term investors, when there is dip many investors view it as a chance to purchase Bitcoin at a lower price forgetting that it should be an avenue to accumulate more and hold rather than selling it,but they don’t know that Bitcoin value fluctuate rapidly,but they would be the once to regret later.
You may be right while sometimes this happens as a result of poor planning in terms of having a good cash flow to be able to build a good discretionary fund and emergency fund. However bitcoin investment is not something one will just wake up one day and start investing when you have not even make any plans not to talk of setting a goal, just imagine someone going with this approach what did you think will become of the person? is obvious that the person will end up selling his holdings along the line maybe if there's any alerm for emergency.
So anyone who is interested to go into bitcoin investment is advised to make a proper planning before taking any action, so as to enable you get to your destination.I like how you presented your point, but I think you should have itemized or included those plannings you are advising that potential new investors should subject themselves into before they can invest in bitcoin. It is not just enough to say that they should make proper planning without giving them tips on where or on what they should plan towards, so that when potential new investors are going through this thread and come across this your post, it will be more helpful to them. Well adding to it, I think one major area I think that needs planning the most is the area of financing. Potential investors should make sure that their source of financing is sustainable prior to starting their bitcoin investment journey.