For me, $ 500 is a lot of money, and if bitcoin price is down from $9,900 to $9,300-$9,400, that means for me.
If we say that BTC lost $500 in value, it means that you lose that amount only if you bought BTC for $9900 and sold it for $9400., And only if you sold one whole BTC. If you need to sell for example 0.01 BTC every week, last week you get $99, and today you get $95. So for small amounts it is just few $ which you lose depending on the amount you sell.
But nevermind, maybe I need more luck to make more profit than now. I am not a big trader, and I just try to make every profit from trading, even for a small profit.
Unfortunately, the price has dropped too deep because now the price is at $9,300. I wonder if, in the next week, the price can start increase to the last high price, but if the price can not increase, hm that will be a long time to wait for the price back to the higher price. Maybe right now, many people shocked to see the bitcoin price has down deeper than what they expect, but some of them already prepared for the worst thing like this moment. The situations now give an effect to the other coins, which is followed to get down, so we need to be careful.
Price now improved to $9438 after falling to $9,100 on Friday. Bitcoin is really showing a high volatility currency. I expect a more upward movement by next week to show a closing of correction from falling from $97,00 area.. By all means, is still a better time to buy more.