The major reason why they keep panicking is because they are too worried and infleunced by the FUD. Moroever if theyr are newbies, they will fall to the panic situation verye asily. this is normal moroevr if they ar enot really udnerstaing the cycle of bearihs market and bullish market one. Btw, the main reaosn also probably they are holding shit coins so that their protfolio keeps decreasing and they may be worried enough that their shit coins may not be able to rise up again.