One thing is certain, provided what is been invested is what you can afford to lost in other words discretionary funds no matter how deep bitcoin drops you have no reason to panic.
If things are done like that, then everything will be fine. It's just that some beginners think they can make big profits in a short time by investing in Bitcoin without understanding this. I am sure that even some beginners do not plan their investments well, and might not even be able to manage their finances. They enter without proper knowledge and preparation, which is why they panic when the price moves against their expectations.
I believe this has been a problem for many, many years. A rookie comes in and makes a fuss about the Bitcoin market dropping, and then changes his mind about keeping the Bitcoin until he makes more.
Not being a hypocrite, I am also one of those guys who didn't believe in the technology of Bitcoin, but when you hold it for a long time, the trust comes in, and you will be part of those pushing it to other people and making them buy it or invest in it. I won't blame those who think it will go bad, but I also have a choice to not listen to them.