- Panic Buy/Panic sell.
In both cases, you will lose your money - Ignore Capital management.
If you ignore Capital management you will be gambler not trader
- Following a signal Without risk assessment or stop loss.
You will be like Jumping into the ocean without a lifeline jacket at, before do anything, look at your risk and reward and what your stop level is.
by this way you can set Your Own risk and know what you do.
"Panic Buy" seems right at right now because everyone all think Bitcoin's price will continue to raise up and may gain 100k, so many people are buying Bitcoin , but everthing is not easy like this, I think there will be a big adjustment of market in few upcoming days