The reason why some people panic is not because they don't know the volatility nature of Bitcoin but rather the reason why most people panic is because of wrong investment approach, especially those who are Investing for short term, once they invest more than they are suppose to invest because of the feeling and hope that the price will go up and unfortunately the price start dipping they will surely panic because they have made a very big mistake and that is the reason why we should not invest for short term and should not also invest with what we can not afford to let go because it will make one to be monitoring the market which is a stress and waste of time.
You are right about what you said here, just you have said already, the two things that makes a bitcoin investor panic anytime their is a dip in the market first is either that person is a newbie that knows nothing about bitcoin and it volatile nature or that person is investing what he cannot afford to lose, but if a newbie investor has knowledge about bitcoin and it volatile nature, and he is investing an amount he can afford to lose, he will definitely not panic anytime their is a dip in the market.
It shouldn't have been an investor in the first place, because you are talking about a trader. How can you say the two things that can make an "
investor panic".do investors panic? That statement alone has has completely ruined the explanation. because investors don't panic. This surely mean you are referring to a trader in replacement of an investor.
What finebone said could easily be understood, he was talking about what makes investors to panic and that could be the fact that the person is either a newbie and doesn't understand how Bitcoin works in terms of volatility or maybe the person has gone above his limit by probably investing beyond there discretionary funds and for some reasons this has consistently cause them to panic whenever their is a dip, since the person is not investing from his/her comfort zone. So you might be probably be quoting him out of context because at no point did he mention about trading and the panic to which he was referring to was within the confines of investors that might want to panic and what could easily trigger such panic bite.