Have you ever asked yourself this same question each time you panic sell during a bear market like this ? who are those buying? why are they buying? what will they use if for ? these are the questions i do ask myself and it helped me hodl some of my token and later made some profit from them .
While you are trying to selling your coins by panic, there are still many people who buy into your coins, that is big whales and that is stratergy of them, buy as much as possible when everyone sell panic with lowest price