Bitcoin White-Knuckle Ride

The Bitcoin roller coaster took investors on a white-knuckle ride today, that the chart above depicts perfectly. Steady at $8,100 followed by a $200+ vertical drop, then steady around $7,900 followed by a $200+ vertical spike.

If you've recently entered the Bitcoin market, such rapid and dramatic price movements can be a scary thing. Fear not, for if you've invested only what you can afford to lose, history is on your side if you hold.

Bitcoin has been through many rises and falls, surviving huge crashes and extended bear markets. Such events have seen it declared over, finished and dead by the mainstream media. Each time, however, BTC has eventually bounced back and risen to new all time highs.

Bitcoin is going to the moon. Will you still be holding when it does, or longingly gazing at BTC from a distance?

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