Panic in crypto trading is common, no exception for experts traders. This panic will occur if a trader is wrong in taking open positions.
In this case, proper analysis is needed, when wrong predictions. Prices that are thought to have been very low could be the highest
prices when it happens to the bear market. That is also why a trader should not rush to take a trading entry.
If you don't know what you are doing, the chance to lose your money is really high, but if you are good at anticipating there's always a good chance for you to earn from this market.
Panic is very natural when you don't know what you are doing. You have to do your research before making any move it will enhance your opportunities and lessen the chance of panicking when market crashes.