Who doesn't panic if the coins we hold go down in price? Everyone will certainly panic, and those who panic more are those who have small capital. Because if we lose then there are no more assets that we have, Patience is necessary but not everyone can do it.
If you are new to crypto then you may panice, else for the seasoned players all know that btc and altcoins does have a roller coaster ride and in long term you make money. As well if you are just a short term investor than yes could have some panic situation during the course of it.