the panicking aspect is what I don't understand, why will anyone panick, if you are such investor that has been investing with DCA method,
You should know that each an everyone still have their decision to make including selling out of panic. Everyone can not be thesame their must always be traders, FOMOers and (FUD)“fear, uncertainty, and doubt” all you just need to do is to abstain from this category of people because they can do anything just for short term profit.
When they are done fucking around with bitcoin and selling early, they come to regret their actions after a long while when bitcoin price increases very well as i see around both in the forum and social media where people regret selling too soon. One annoying thing is that some of them still do not learn from their mistakes and always rinses and repeats their actions.
There are two kinds of people that I know who regret their actions in bitcoin
- Those who remain speculators and watches bitcoin climb numerous milestones
- Those who actually bought and settled for short term gains
We can surely escape being in any of these categories by both being actionable and buying bitcoin as long as we have discretionary income present and settling for a long term holding plan