The governments are now happy because our leaders have learned to controls crypto coins market by creating panic through using regulations to attacked bitcoin and blockchain technology.
I think the only way we can prove to governments that bitcoin is decentralized and governments cannot control it like our current financial system is to buy and hold our coins. When you sell your immediate need you are helping governments to fight bitcoin!
Excuse me I don't think people gonna buy more cryptos in this situation. We can't blame those people who sell their bitcoins immediately. Because those people afraid that this crisis indicates the end of bitcoin. But I think for the current situation its good to hold what you have now and wait for the time that bitcoin overcome this criteria.
These people aren't thinking well. The crisis is very common in Crypto-Currency world, it's the called volatility. If they sell now they will lose money, if they hold the coins, they will make profit when BTC price increases sooner or later. It's not hard to reach to this conclusion. When people see that Bitcoin price is too low, they focus in buying it maximum as possible, then the price increases again.
I believe no one loses an opportunity to buy low and sell high, especially big investors. The problem is if the whales are the governments...