I know that everyone gets excited when the price is increasing but you should probably think about this twice, those who don't have bitcoin yet, should probably wait a little bit more before buying, just to see how things will go in the upcoming hours/days and as for those who already have bitcoin, If you're hodler and you actually can afford to lose whatever you have then just continue to hodl otherwise, you may think about selling. In the meantime, I suggest reading the
post by theymos on Reddit, very useful.
This is the biggest demerit of decenetralization price would boom up absolutely out of control. There cannot be any buyer freeze or seller freeze which means that everyone would be prone to drastic volatility each day. moreover a 24 hour market makes it even worse because there are separate hours on which each country trades. So I would say its better to stay away from trading in cryptos unless you are an expert who can notice each change keenly.