Such drops can be hard to digest for new investors. They start investing with the hope that their money will only increase after the investment. Personally, I have become used to these price falls. On the current local exchange I am using frequently I see drops of $200-$300 in minutes but it still does not makes me panic. I know that this is common as we keep getting mixed news related to bitcoins from all over the world. If the prices are not volatile, we will not be able to see those amazing spikes as well.