You MUST panic strategically, if i didn't panic and decided to trade this bear market i wouldn't have accumulated more bitcoins for the long term. or maybe if you got all the time in the world to wait for your investments to pay off you could do that but i still wouldn't recommend it. be smart and safe!
Panic in certain cases is very much needed, and I also panicked when Luna dropped from $ 85 to $ 35 so I sold 100% of Luna's stock and got $ 32, and this was still better than now, which costs only $ 0.0003.