People are always in a hurry and always do it very quickly, but then very often it happens that people regret that they did wrong and made conclusions very quickly. Perhaps this can be called a panic. Therefore, I think that it is not profitable.
not in all cases, I could remember vividly selling my $FET that I bought around 12k Satoshi and I do sold around 8k Satoshi, now it's trading around 1400+ Satoshi, if I didn't take action to cut loss then it would have been a great disaster