While you are panicking over the decline in the price of bitcoin, the largest bitcoin holders will have an even more volume of bitcoins because of the panickers
Agree, many bitcoin whales used the panic opportunity to adding more coins.
that's why some peoples trying to manipulate the price on the market so they can buy cheap.
While we are panicking some other people are gaining. We are contributing a reason why the market is droping because we are doing such panic selling that can make the market down and it has really a direct effect on the market. If we feel panic and sell bitcoin even in a low price it will really have a direct effect such as droping.