Beginners who are still panicking when the price drops did not understand how Bitcoin is before they buy it, it is good to make them understand so that they will not panic or try to rush and sell their Bitcoin, however, as a beginner, before you invest in Bitcoin, you should know what you are investing in; no one will say that he or she does not understand bitcoin before they invest in it.
Most newbies don’t always have proper knowledge about bitcoin investment before they go into it. When bitcoin price is dropping, there is no way you can stop newbies from panicking, they will definitely be scared, even if you explain to them that they should keep on holding, and bitcoin price is going to bounce back, most of them won’t listen, some of them will end up selling, but with time they will understand how things work. Similar thing happened to me when I started investing in bitcoin, but with time I got to know how things work.
Before investing in bitcoin, just take your time to check bitcoin price history, you will know that even if bitcoin price drops, then with time it’s going to bounce back, and we should panic that bitcoin price is already high. If you don’t invest now because you think bitcoin price is high, then in the next 10 years, am sure you will end up regretting why you didn’t invest now.
You are right my guy, it can be very difficult for a newbie to withstand the dip at times because most of them aren't aware how it works, perhaps they become more skeptical and sell at lost then after the price might has boom up again they will start regretting. I know it is natural for one to be scared because it involves money but one important thing you most know for sure is that bitcoin must surely
rise back again regardless how dip it might fall, that's how it work.
However, as an investor coming up newly in the game always note that before you experience any dip in bitcoin, their is a tendency of a greater picture ahead so don't panic, don't be tempted to sell, keep holding as long as you can because that dip you see can be heading to something bigger.