It is natural for a person to feel anxious when their wealth decreases or is lost for any reasons. I just say in the concern of bitcoin Especially if a person doesn't know about bitcoin related issues then they get more panic after losing a small amount. And there are some big investors in this trading platform who spread various rumors or fears among the common investors and lure them to be misguided. When an investor falls into that kind of temptation, they take the suicidal decision to sell Bitcoin very quickly. According to the religion of Bitcoin movement, its price will sometimes increase and sometimes decrease. It will continue through high volatility. Investors can profit if they try to brace themselves and not sell bitcoins in such situations.
Why should you panic when you see the market fluctuating? Keep calm and don't sell at a loss. Because the market will improve again.
It's best to hold long term, buy when bearish when the price is at its lowest point and wait until the bullish season.
If the market declines, those who bought bearish at low prices will not panic.
Those investors who have long experience with bitcoin price, hardly panic about their bitcoin holdings but those who are less experienced like the newbies, panic more each time bitcoin decreases in price.
This is the main reason you ought to advise newbies to invest with the money they can afford to lose than to invest with huge money hoping to gain many profits from their bitcoin investment within a short time
Using money that we are prepared to lose is a good thing and we will not experience panic when prices drop or market correction occurs. but basically people who invest want to profit, not lose, at least we also do research and analysis so we don't lose.
In principle, everyone doesn't want to experience losses on any field, but I agree with you that having to be prepared to lose when taking action is something that is carefully prepared so that if something like that happens, there is no panic which makes us even less able to control ourselves.
So that we don't experience things like we don't want, always doing analysis is something that needs to be done, even though the results may not necessarily be good, at least we have tried.