In crypto trading, panic sell often occurs when there is a big correction in the crypto market in general, even though before someone enters into trading or shares, they already know that there is a high risk. The best assets in crypto are holding on to Bitcoin and Ethereum. That's my opinion. The important thing is not to be too ambitious about making big profits, prioritize entering at the right time, if there is a correction, don't panic sell. Any investment in the long term will be profitable.
Most people doesn't invest on the right coin or right project, when there is market instability you would see them start panicking over the time and they wouldn't mind to push off their total holding and dump the market because there was a little correction within the market. One thing we must know is that all these things are what sum up to make up the market principle and that must happened within the market, it's also something that attributed to the buy/selling principle, so we must keep witnessing it all time. So, the best is to hold on the right coin and look out for a long term journey than just short term which we may easily panic and sell.