Do not ever panic in the business of buying and selling, because it will bring a bad impact that we will certainly lose if we do panic in selling because of the market price down, remember all this just talking about time alone, all back recovered just stay waiting time Only
If its a another altcoin that doesn't have that large following yet, definitely it will have a big effect. For bitcoin though, it would have to be a major dump since a lot of people are already invested in it and these people are confident about btc so panic selling pretty much is not that likely for many btc holders.