What bitcoin really needs is time and patience. Expect this currency to experience all kinds of pumps and dumps since we are dealing with something that is very volatile. With its huge market volume and trade, its price changes quickly and there are whales that manipulate the price from time-to-time. It also depends on your investment if you plan on focusing on short or long-term.
one year later after this post was created... Please stay calm. 6 years already in Bitcoin. Sell if you want, but I am holding
That is actually true. What bitcoin really needs is time and patience from the investor. Although I understand his point, we should let our investments do their miracle no matter how volatile the market can be.