The crypto world at the moment is one filled with so many levels of emotion and reactions to varying degrees of loses experienced by people. While some people are sobbing about their little loses, we should also reflect on the fact there are people who bought BTC @ $20K, Ripple @ $3, ADA @ $1.22, etc. Most of these guys are still hodling, hoping the market will bounce back and they'll recoup their loses.
There is nothing they can do for now but hold on to their portfolio because if they are going to sell that then that's the end of it, they lose. They could accumulate as much crypto to somehow offset the dipping value by trading but with this kind of market it is not so easy by an average individual to succeed in the field of trading.