It definitely takes a strong hand to hold on through these dips, but it's well worth it in the end. Bitcoin and the rest of the market will bounce back. I think a lot of the panic comes from two different scenarios. 1) New money that doesn't really understand what's going on. 2) People who are investing more than they can afford to lose. Both of the scenarios are dangerous, but if we can keep people calm, they'll be just fine!
Yes, indeed. People doing stupid things creates stupid situations. Until the "regular" people wise up and realize what the "rich people" are doing to manipulate these markets and take advantage of the weak hands, then those people will always remain regular. Hold and buy the dips makes sense to me.