No one is panicking, someone is just creating stories about a sudden increase or a big drop in coming days to create an illusion that there is a need to panic and buy. Not sure what they are trying to accomplish by doing that.
yeah because not everyone has the same thought. they will not make a purchase at the same time when the price once dropped.
certainly any people to buy direct or wait
generally speaking it is always a bad idea to make decisions with haste, it doesn't matter what the decision is, it would mostly lead to bad things.
and when it comes to money it is better to stop making decisions based on emotions and hype, and think with time at hand.
As the old financial saying goes, if you don't learn to manage your own money, other people will find ways to manage it for you