If people could hold bitcoin when the price was down and not panic, they would make a big profit. But the reality is not like that because many have bought bitcoins at high prices and can't stand it when they see the price drop drastically like it is today.
1 BTC is still 1 BTC but they don't care because they want to profit from selling BTC. When they see the price fall, they think the value of their money is decreasing and they should anticipate it by selling the bitcoins. But if they kept holding it, there was a possibility that the profits they would get would be great later.
We can only warn them and let them make the best decision for them. Meanwhile, we better hold our bitcoin.
People panic and sell their bitcoins, they don't look at how much bitcoin they are holding, they look at the value of their fiat money going down. They are speculators and they need short term profits they don't see the real value bitcoin will give them if they hold long term.
People who are selling bitcoin cheap, they will regret it when bitcoin hits 100k next season and we will see them rush to buy bitcoin at $100k. trust me.
Yes, they will definitely regret seeing bitcoin reach $100k in the next month or year because they already sold their bitcoins in a panic. Panic will not do anything but will only cause harm to us. If they want short term profits, they can buy cheap and sell high and the profit is more than enough. But sometimes, those people only think about multiplied profits in the short term but they don't remember that it can't always be obtained. I believe bitcoin could cross the $100k mark in the future and it's just a matter of time.