The current situation of bitcoin and all the crypto currencies were not good but it doesn't mean that this will be the end of the cryptos since we need to acknowledge that this is not the first time the crypto prices were falling this much so everyone needs to be patient and just get away from your panic this will help the prices to recover faster.Start believes that crypto currencies were going to be the future of this payment system and start HODLing that coins.
You are very correct about this. Panicking will never do anything good for investors as it will only lead to making wrong decision which will cause regret later when the market recovers. The main thing is just to be patient and keep calm and then hope for the best to come.