As human beings, we are behaviorally predisposed to latching onto the price at which we buy or sell an "investment" .. We base our decision to trade on how today's price compares to our cost basis, when buying and selling should be a question of the "investments" current valuation, not its historical price i think..
Unfortunately not everyone will be patient and wait with it, they are new to bitcoin so that when get the price drop or false news about bitcoin then they immediately sell for fear price keep drop and lose.
