2. See it as whales cashing out and some noobs getting scared and selling at losses. (they will get to learn from experience later on)
I'm already at lost for around $100 and counting, just holding my Bitcoins. The value of my losses is pretty small for some other countries but from the place I live, its a big deal. I was thinking of cashing them out when I notice the price dropped down a bit 4 days ago. To be honest, I'm pretty shocked the way it dramatically goes down. Same with what I feel when it rises. This is the first time I kept checking at its value since my noob days years back. I'm just glad that my patience pays off as I could get through with my emotions unlike before. I do see it the same way and learned from my experience. I just hope that this will be over soon.