Panic for what?
Since i trade on exchange, panic will be friend everyday. If price going low, and we think will going up again but price going down more, it will make you to sell you coin immediately. It is called PANIC SELLING.
If i in condition panic, i decide to hold around 2 week, and sell it whatever will be.
Maybe panic because of bitcoin flactuation. We can't blame those holder to panic selling their token because of bitcoin has so much big decreasing it's value. Maybe if I'm in their situation, I'm doing desame to.save my capital in that investment.