According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
I think that those who do not quite understand what is happening with bitcoin panic, and of course beginners, too, create panic, they can not understand that fluctuations in bitcoine prices are his natural behavior and this is a temporary phenomenon. I never give in to panic, even if today the price has fallen, then tomorrow it will necessarily rise.
I completely agree with you, because Bitcoin's behavior has always been volatile. And so that all users of the crypto currency will also be treated of this, there would not be such a decline in the market.