It is a common experience in BTC to buy as the price rises and then experience these "ups and downs."  My husband and I had the same thing happen to us in April.  We bought into the spike up to $266.  Our average price at that time was about $120 per coin.  We then were under our average price for most of the Summer.  It was a bit unnerving.  We did not invest more than we could afford to lose so we just waited, like many people on the board advised was the best strategy and as you can see that was great advice.  Sure it would have been nice to buy earlier, or later when the price dropped.  But the problem with BTC is we are never really sure how high it will go or how low when the price is bumping around.  But in the history of BTC it always has gone up so holding has been a "no lose" strategy for those that can do it without panicking.