Seeing such a bad market situation always makes me sad, but it never makes me panic sell. I'd rather take a loan and use it to cover my expenses than give my coins away for cheap.
You started at 2014 and now a legendary. With that long years of stay, you seem to be not used of the market but anyway it is not wrong to be emotional sometimes because at the end of the day, we are still a human, not robots which don't have an emotion.
Emotions don't equal panic. I have emotions, I'm not a robot, but I never panic, be it a car accident or a market crash. I get scared, sure, but I'm somehow able to keep it steady and think before I act.
We are all different, I 'm not telling you what you should do, but what I'd do in this situation.
Just don't over do it tho because it seems not right when someone sees you like that especially to the newbies. Taking a loan can give us a headache and why take a loan when you still have a money to be pulled out? Our coins must be used sometimes and not just for display purposes only. I think that answer of mine suits best on the op's question as people invest in crypto so that they can get something in times of uncertainty.
What's there to overdo? Overhold bitcoin? I'll be honest here, I'll probably do it. I believe in bitcoin so much that if it came crashing down to 1k USD right now I wouldn't sell, I'd buy more. Time will tell if it's the right decision, but that's my way to go, you don't have to follow me.
If I run out of cash I'll try to get another job to cover my expenses and if that's not enough I'll take a loan. Why? Because I feel like sub 20k is a level that I'll never sell my bitcoins. That price doesn't satisfy me and it doesn't matter that I could get money this way. There are other ways to make them too.