Yes right, we should never panic under any circumstances, because in panic then we will not get the best decision so that will make us regret someday.
Panic selling are the actions of impatience people who doesn't have knowledge and experience in trading or investing. They are out of their mind in taking such actions without a proper plan. Also, a person on his right mind will only follow his well designed strategy when is the right time to exit all of his investments. However, there are circumstances that you also need to panic sell, not with Bitcoins, but with Altcoins or Tokens that are on the verge of going down and will turn into a dead coin that doesn't have any value at all. We all don't want that to happen, so there's no choice but to sell them all out until they will turn into garbage.
I agree with your point. Clearly, not a single soul here in the crypto world would ever want to panick sell. I mean, just think about it, who would want to lose huge capital and miss the chance to have great profits? Nine right? I hope this makes sense. Now selling a coin when you know it is about to turn into trash cannot be called panic selling. Unless, it somehow it becomes gold from trash.
Panic selling is more common than common sense when it comes to newbies. So don't worry about it because you won't be the one losing money. And besides, if you just can't help but care, know that this is for the best for the newbies. Since this will teach them a valuable lesson that these newbies can really out in to great use someday to get some decent profits. They will eventually get back what they lost after they gained experiences and become knowledgeable on what they are doing.
