Why on earth would I panic when obviously this isn't the first time bear season is happening? I'm not confidently saying I'm happy with it but of course, the expectancy is there. This is why it's advisable to not be greedy and always take profit at all times whenever possible.
Everyone won't be having similar mindset. Most of the users just want profit. Cryptomarket is the place where it is possible to make an earning unlike the market trend. The risk is there, but with the knowledge and skills it is possible. Every market won't stay on the bullish side all the time, the real growth is having Bull and bear market. We need to learn and find opportunities out of the market and leaving it out of panic.