I guess FUD about august 1 is finally taking effect. There will be more of this as august 1 draws near. The upside is we can buy cheaper coins during this panic dump. And for long time holders, just hold on.
So maybe I should be cold and wait to buy more? I don't have a infinite supply of FIAT
Maybe it will drop more the closer it gets to Aug 1. Not sure if it will drop more before Aug 1. Maybe this is temporary like what we always see when bitcoin prices suddenly went up. This is the usual case whenever it reached a peak and it will just steadily rise back up again.