I dont really get you guy's whenever you encounter situation like this you panic because the price goes down.
If you really trust this technology why are you losing your hope everytime there is a small storm coming on bitcoin? Panicking makes you blind on what you really need to do, Instead of investing more because it is a good opportunity to buy you are selling your bitcoin's and taking your loss.

This is what those whales really want to happen wait for the price dump and take that opportunity to invest more while you are selling your bitcoin on cheaper prices.
I hope this post will enlighten your mind.

It is not an ordinary experience that you bought your Bitcoin at ATH of $19,800 then you keep on holding because you did not panic until you realized the huge loss when the price falls to $10,000. You can't blame those people if they do panic specially if you did not experience a huge loss like this so i could say their panic instinct is very normal as they want to ensure that their money are safe from this very risky investments.