Do you guys forget the basic properties of bitcoin? ....
Although thousands of times the price of bitcoin drops but in the end bitcoin always returns with new record/price, which's higher than in previous years.
True, how many times bitcoin price go down it will always have its price return and even have a higher price. This is how the volatility of bitcoin works so we need ourselves not to lose hope in believing in bitcoin and continue holding until we can. We have to study and understand how volatile cryptos are so we won't be selling during the dump price.
I personally think it is not ready yet. I mean it has made into great level right now for bulls to feel safe. But bear threat is still strong. Price can be very swingy around these levels. So we need more time and patience.
This is just the start of recovery for bitcoin price. For months, we have been holding because the price is not ideal for selling. Some of us have even invested because it was ideal and I am sure that those who have invested before must have earned profit. If you need money, the current price seems okay to sell few bitcoins just to fill the need but if you don't need money then continue holding for the bitcoin price will still rise.