Confused by this news. I have all my bitcoin in offline paper wallets. Do i need to do anything.
No. Nothing will happen in any case, and if it happens, that's the safest thing you can do: keep it there until the storm is over. Maybe they won't be worth much any more, but you'll still have them

i think yes that is too much important to keep it now and not to sell. i think the everything will be ok very soon. the price is going to get a strong support here and hope that the price of bitcoin is not going to fell down any more.