Panic selling is never worth it anyways because people can lose a lot through panic selling i do not understand why people invest and have patience and then panic sell everything just because it is down for just a couple of hours.
I think almost every trader thinks they are patient but what happens is different than expected. when the market situation is very chaotic and make the price continue to decline. especially if they have bitcoin deposits with a large amount of course they will be a little anxious. but when the market conditions continue to deteriorate I'm sure many traders will surely panic. sometimes patience will be defeated by a very bad situation