When I was still a newbies on my first few holding day when the market was I bit volatile with dump movement I admit I felt same way too, but the most important aspect is when you do not let your emotions take over the decision making head of your life activities because it doesn't seem to end well with that part. All I see is bitcoin giving us another opportunity to buy at cheap price because it's possible we may not see this price value again, I urge everyone to take this dip serious. In bitcoin investment, dips like this shouldn't be considered as a threat but as an opportunity to buy at discounted prices. Volatility is a blessing and not a curse.
Yeah Bitcoin is a high volatile coin and not just of recent, it has always been a very volatile coin which is why you can wake in the morning and see the price dumped above 10% or pumped above 10%, climbing from 60k to 85 was within just 2~3 days I think that should tell you how volatile it is so seeing a dump of 95k to 8k in a week shouldn't give that much chills than just an opportunity to buy more ... There has been some draw backs In the past which were even worse All they do was HOLD.. not easy though just some determinations.
Investing in bitcoin needs courage so that you don't become emotional when the price is falling and one thing that is interesting about bitcoin is that no matter how severe a DIP get to, it can still come back quickly again and even get more stronger. This current DIP that happened went as low as $79k but the market is recovering gradually and has gotten to $86k so hopefully by this time next week, it must have increased past the recent price it is now that is why bitcoin is trustworthy even though profits isn't promised every time. Most of us use the past performance of bitcoin to analyze the next move of bitcoin but we should not always have the believe that it's history will always repeat, something can go wrong or right tomorrow that is why investing with an amount that won't trouble you if uncertain events happens is very important.