How much drop in Bitcoin price in 24 hours is enough to convert into weak hands ? We all have some trigger point ? Even if you are a firm believer in crypto, it can be hard to remain invested if there is major correction in price over very short period of time .
Depends on the money invested, if you buy Bitcoin with money that is planned for your wedding then you will panic just that the idea you have right now, the best money for something like Bitcoin is the type you won't be needing in the next few years, so whatever the price action may be you won't freak out.
I don't need to panic if Bitcoin dump in value, because I understand how the market works, there are times where Bitcoin dumps but that dump is just a correction before the continuation of the uptrend, panic is for the newbies who have zero clue why Bitcoin is going up or Down.
I as a person understood this whole game, this is why I don't need to worry myself over price action, for now bull market is still on and cool off are normal.