It's all still very new @cryptoctopus; I often see people using the comparison that these markets are like "The Wild Wild West."
I agree that it's wise to take a longer term approach. The underlying technology is still valid, and daily price watching doesn't change that. I came across a post in the last few days that suggested that the people who expect to get in and out of the markets and make a fortune in a single day are really not investors, they are pure speculators or even lottery players. The point being that they don't even care about blockchain technology, they are purely here to try to double their money — for all they care, we could be trading goose eggs.
It will be interesting to see what happens. I have to wonder whether these institutional investors CAN enter the market without "regulations," and if that is the case... will cryptos still be ANYthing like we know them, once the regulators are done?
All the best to you!