I never lost hope in bitcoin because i know the price is going to go up one of these days. Patience is really important in cryptocurrency because of its volatile nature so if you don't like the dump then crypto is not for you.
During the time that I am still newbie I always do panic although some people kept saying that not to do panic at all, but it is really your self who will help you not to, and not the people besides you or in the forum, so what I did is to study well and understand the concept of crypto and how the price calculated in that I am now so confident and don't do panic at all.
newbies have this builtin problem of being panicked and as the time passes and as per according to the level of experiences this negativity become zero and i am sure i don't have any of panicking in recent times i control my nerves easily, because i know bitcoin can recover easily in small time span.