I dont think it is a panic time if falls, as it is volatile in nature its prices increases or decreases which is common. So if it is low just hold them and keep patience and when it is up again can sell it to gain profit.
First of all, the topic should have something like "When Bitcoins Fall" in it. OP scared me a little bit when I read the topic for the first time. Dip is actually a chance to increase the amount of bitcoins in our wallets so only newbies with little or no knowledge would panic under such circumstances.
I have also objection on the topic. It doesnt fit in the current scenario when bitcoins are on peak. Moreover it is never wise to get panicked with bitcoins. They are evergreen investments and can anytime reach the highest values of the crypto world. We just need to be careful with bitcoins.
Yeah believe that currently the bitcoin price can be considered on it's peak, though it has dropped a little but still it is a good time for bitcoin users. Some of the people may get panic because of the current miner dip in the bitcoin price which almost has been recovered but still there are people with less experience with bitcoin and for them such a time must be hard.
I think it is essential to provide support and knowledge to such people who gets panic very easily with a little dip in the price.
My personal opinion about the bitcoin price is that we are at a very good stage and there is no need to be panic with these little dips in the price, we know that the bitcoin future is a brighter one.