The truth is that not everyone can hodl, so this is a major reason why panic at these times because not many people are mindful to hodl on long term. So many are caught in the dip. It's best to be patient at this time and apply DCA if you have the funds.
this is true, proper strategy is needed if it comes in holding for a long term, after all the bearish could lasts for more than a year as far as I know seeing from the past cycle.
if anyone with big capital and big income is holding, they could just leave their investment be, but for anyone with insufficient money for basic needs, holding gonna be a disaster.
also accumulating in the bearish is like catching a falling knife.