Yeah panicking is bad. Enter this game with a perspective of at least 5 years in outlook. Its sitting around 2015$usd up from 1100 in March! So. WE are still very positive. Calm your friend, tell him to not sell, and just enjoy the next five years of price discover. Either that or emotional people usually lose all their money trying to win it back. This is not a casino. Invest in an idea that you believe in and walk away for years.