Yes, this is actually the result of their work, if they panic and decide to sell their Bitcoin when the price drops, thinking that they think Bitcoin will fall further, but which will cause them more losses.
during the volatility, they sell their Bitcoin, and after that Bitcoin recovers again, because volatility is always a natural and temporary thing. Then when Bitcoin recovers, their regret is very intense.
In fact, the end result of such people will be like this, if you want to achieve success in Bitcoin, you must maintain a long-term mindset and hold Bitcoin.
Here, during the volatility, you have to buy more, do not think of selling under any circumstances, you have to buy only under all circumstances, and hold it for the long term without any panic, only then will the possibility of achieving success be very high.
I think you are actually correct , the temptation to panic during the dips is real but it often ends up hurting more than helping. volatility is the part of the race and those who stay patient and keep buying through the ups and downs tend to come out successfully. it really comes down to mindset treating Bitcoin as a long term investment instead of trying to time market.
Those who panic over dips are people who failed to invest with only their discretionary income. If you invest properly with only
your part of your discretionary income and your plan is to hold for long, there is no way you will panic because you know that the price will always correct and put you in good profits with time. It has been emphasized several times that people must think long term after investing with their discretionary income. Failure to do this will only make you to panic over any price drops and that is highly discouraging and not a good place to be as an investor because your peace of mind should not be dependent on the price of Bitcoin.
Serious minded investors are even using the ongoing dips to consolidate on their Bitcoin portfolio by aggressively placing those buy orders and collecting cheap coins as much as their discretionary income and reserve funds permits. The dips is never an angry period or a time to feel depression but should be seen as moment of excitement because it is the time the market offer us entry opportunities at discounted prices so we should embrace it rather than panic over it.