Indeed, the result of panic over the collapse of crypto prices is mostly loss. Yes it must be because of panic, panic then reacts to sell coins at a low price. That causes loss to the owner of the coin itself. On the other hand it will also have an impact on the market conditions that go down and decrease if more and more people are panicking. My advice, you should increase patience, if necessary take the opportunity to buy coins again when the price is low. That's good.