Anybody that properly understands Bitcoin wouldn't be selling at this point in time, because now is indeed the best time to accumulate.
Selling right now is like giving out the freedom you already have to someone else because BTC is the only freedom form of money in the whole world , Thus loosing war against GOVT, banks and the current financial system and you become slave to inflation and loose some percentage of your money every year to inflation as you hold fiat.

Thank you for your encouragement mate  

But, I will call it impatient or amateur other words market feeders. But i will say do you really know their situations right away? Remember whenever the market is down tension seems to be higher than ever so most at times some bitcoin holders at point can not control it leading them to sell. conspicuously speaking I was ones in that stage and i kept regretting whenever i sell of and the market bounces back again.

Facts: Anyone who can control these few things can be able survive the market and hold for long time;
1. Fear
2. Tension
3. Greed
4. Indecisive
5. Non-Informative

All these listed things are what most of here battles with all time.

With the price dropping so much, I am seeing a ton of people who are considering selling, and some that literally got out of the market as a whole just because of the drop. I am very sorry to see this, people really do not have any clue how the markets work. I mean crypto has been like this forever, it crashes very very hard, and then goes up very very hard as well. We were literally 7k at the start of 2020, reached nearly 30k by 2021 start, and 68k during 2021 as well, that is a huge huge increase, and nobody talks about how we could have the same thing nowadays, they all talk about how we should leave and "crypto is a scam", thats a sad thing, these people will not be profiting when it goes up.

Inflation and potential market crash on US are the main reason why there's a FUD in crypto. The current FUD that fuel this bear market has a basis, unlike those years that you mention when Bitcoin grow exponentially after the dump was pure manipulative FUD by the news outlet or China. There's a chance that we really go deeper when the economy of US worsens but I'm still hoping that Bitcoin will be the parking space for the money of US investors that want to dodge stock market crashes and hyperinflation. It's either we will see mega dump or pump but this is a high-risk high reward so consider cashing out some of your Bitcoin especially if you need it financially and hold only what you can afford to lose.

There's a perfect opportunity to hold.

In times like this, we're going to see who force capitulates simply because they overly allocated to bitcoin/crypto; with not much fiat to buy (or with no income to use for DCA-ing).

"When the tide goes out, you see who is swimming naked." — W. Buffett

the price is going down because next gen asics are coming online with lower bottom-line costs for the most efficient miners. meaning some larger investors can afford to mine more rather than just buy. thus buy support declines and 'mine-to-sell' increased.

meaning THEY can sell cheaper. the thing is though, while the hashrate is on the level or going up. that efficiency cant last and cant go down..  that extra hashrate arriving right now =faster blocks=more blocks per difficulty target = increasing the difficulty, which then results in it getting harder for them to mine thus more expensive later.

this balancing act helps keeping the costs from slipping down when hashrate is going up. meaning those asics this week currently able to mine real cheap wont be mining at the same cheap rate in a few weeks and so their costs go up and the less coin they would willingly sell cheaply.

july is a new financial quarter, meaning new electric contracts, new OTC trade contracts which looking at the whole electricity/fuel market of the world will see power costs increase for new contracts. which means demand for a higher sell price even for the bottom-line efficient miners

long term view is we are approaching a bull market soon, how soon is the question(how fast the chain reaction just explained plays out), but all signs are in that direction
..
as for the smaller less efficient miners and home hobby miners.
with residential electric rates going up due to world politics and corporate stuff causing power companies to increase their rates. people that could just about mine wont be mining and find it far far cheaper to just buy coin. again more support for buy markets and less support for sell markets

let the losers that want to lose, lose. let them shed their coin and hand it to those that want to keep it. im not saying let the small guys hand it to big guys.
im saying let the afraid/cheap mining big guys sell their coin to lots of small guys.

the new holders of recently acquired coin will set their cost at this amount. meaning they wont want to sell for less than their acquisition cost anytime soon so they wont be trying to push the sell market, thus less sell pressure.
eventually the sell pressure will fizzle out and more buyers than sellers. meaning the price will start to rise

no one can precisely predict WHEN all these events will happen. but all signs are pointing in the direction that it will.

It's true that we've been here. If you're new then for sure that no ones to blame if you're ever feeling to panic.

But for us, who have been here during the toughest bear market like in 2018, we know what to do and we just have to chill and if you have money to spend, buy bitcoin.

Being patient is one of the factors that will save you survive this bear and will also help you to be one of those people that will have a good moment when we're back in bull.

If we take an example from the events when bitcoin fell in price from $20.000 down to $3.000, which is almost ~7 times, then in the current situation, bitcoin can fall in price to $10.000. It is not necessary that we will see this and this is not at all a reason for panic. Almost any negative situation can be used for good, and if bitcoin will costs $10.000-15.00, then this will be a great opportunity to buy at a discount. Well, to sell during the fall of the crypto market, it will only fix the losses, make yourself poorer and make bitcoin whales richer. Do you really want this?
 

 

Remember the time when you invested in Bitcoins.
Recall the thoughts and expectations you kept while purchasing the Bitcoins.
It’s not late yet, just hold the Bitcoins for a more longer period of time.
Once you have shown faith in Bitcoins, so give it once again.
Rather I would suggest each of one to buy Bitcoins at the current price. It’s like a Mega Sale in the Crypto Business.
Just Buy the Bitcoins now and wait for some months. Then you will be definitely proud on yourselves.