i guess, that's a normal reaction of any investor in this market. but the difference is how each one of us decide on how to manage our portfolio. panic selling is common especially if there is terrible news going around. but if you are long enough in this market, you should know by now how to handle the situation to avoid huge losses. and this is when your belief in this market is being tested.
This is where experience and practice are needed so that we can control our emotions to stay calm and be able to carry out the strategies that we have previously planned. For novice investors, panic may occur when FOMO or FUD is a normal occurrence, so self-control is needed by continuing to practice it. Moreover, waiting for a bullish market cannot be predicted by everyone, it could take longer than our analysis. Therefore, you have to prepare mentally from the start
It's not easy for people to stay calm during a period like this, I am not saying that they can't, I have been and I am keeping my coins right now and that's understandable, but that doesn't change the fact that crypto is not something that you could easily handle when it goes down, just because you and I can do it, doesn't mean that others would find it easy as well.
There are millions of people who got scared during this period and sold, while I was buying a lot more, my DCA is lower than the current price and that gives me a bit of comfort but even if it wasn't I would be able to see that bitcoin would recover and we could purchase a lot more and drop the DCA and you could profit a lot quicker.