Is anyone concerned with this drop in bitcoin? I've only just jumped on the bandwagon and i've lost 10%-30% of my value already. I'm new to the market and enjoyed a good bit of stability and upward graphs for a little bit, so I thought it was mostly positive. Is this jump down a typical trend that results in pushing for highs again? or do you reckon it can be backlash of people shying away coming nearer August 1st?
I'm unsure if to try cash the coins to another altcoin or something to try gain some more value back or just hold for a while.
NOthing needs to be worried. I have earned more than 500% from hold bitcoin and losing 10$-30% is not a big deal. Try to hold your bitcoin as long as you can because its price will soon increase after the segwit activation. And try to collect as many bitcoin as you can because in the future, you can not do that anymore