What is your investment strategy? If you don't have one, get out.
If you're long on bitcoin because you believe in it and want to have it be worth a lot down the road, invest in it regularly. In highs, and lows, do it on a regular basis.
If you feel you paid too much at $100, buy some now that it is $67, the same 2.5 you did at $100. Your new rate per BTC is now in the 80's. Sounds better than $100.
But don't listen to me, I'm not a day trader.
From what I am aware of, I don't have an investment strategy, how would I go about developing one? What kind of mindset do I require? Would you have any helpful advice for me?
This purchase was my first ever investment. I suspect I will start off very shakey but will adapt with time.
Do you know anything more about bitcoin than it sounds like a good investment? You already said you have no investment strategy. Go dump your coins, cash out and forget about bitcoin for a few years.