Panic comes as a result of uncertainty in the market, and this mostly affect people that are new into the space and hence doesn't understand how Bitcoin works, Bitcoin has been in this kind of Bear market before for at least more than 3 times in its history and historically has bounced back regardless of how dip it reached, and this is a likely case scenario once again for Bitcoin,
the only difference now is the fact that there's a lot going on in the world right now, wars, money and price inflation, interest rate hyke, basically Fed trying to roll off its balance sheet which in the past, they have been printing money.
Panic is the major barrier of some traders which actually make them lose. This happens to everyone in the space especially the newbies who alwayey pants when whenever trade is going against them. There are loss and gains in the space and this remains the major thing in trade, is either you're losing or gaining. One of them must be reach after a trade and one needs to be consistent in dealing with it. Let's say everything happens for a reason and no matter how a coin dip, it will definitely retest back to bullish movement.
There's no exemption when it comes to whom people would be affected whether you are a newbie or a professional/experienced where you would really be having those hesitance whenever the market do make out
some unpredictable movements.Its easy to say for you not to panic but when you are already on the actual condition or situation then it would really be that hard for you to handle up such situation.
Everything would indeed become better because we cant just have a market to be dumping forever which there would be always a change of trend where after bear then bull would comes next.
This is just depending on how you do assess the situation and whether you do make out some move or decision whether you do accumulate or not.
