There is no panic in long-term transactions, but the lowest transaction always has Panic.
That's not the case all the time, there are also people who panic especially if the price is not moving good.
We have short term and long term successful investors and we have those who would also fail, that's the norms in the market.
And I think the Cryptocurrencies continued falling markets do not allow them to earn fixed money and they lose a lot.
It would be the way they think if they don't believe on the future of crypto.