I think that it is not necessary to panic. you just have to wait a bit when the market starts to recover, it will start soon
I hope that recovery will start soon or else the situation will make its position worse for the holders as some people started to panic sell because of the massive dumps from the past days if you are a motivated long-term holder and you knew your position then hold tight and do not watch the prices frequently, if you are a short-term holder then you should be setting stop loss to your trading platform to make some advantage to the raging market.