Now there are really a lot of people who are ready to succumb to panic. But it will be a big mistake.
Actually the oldies do not derive any pleasure in seeing the newbies suffering with the fall in the market prices of the coins they invest in. They are happy just because they are safe. They would rather appreciate newbies to invest further because ultimately as the demand for the coins rise, it pushes up the values in the market and ultimately add to the worth of the portfolios owned by the oldies already in the market.