Ups and downs in Bitcoin market- what should be the next step of investors?

Bitcoin a word which has become common in the past few months has gained momentum because of a sudden hype in the price of bitcoin. Last month saw how the market was really huge and it was a prosperous time for those who had invested in it. It was this time period when there were maximum investments made in bitcoin. Everyone was having a gala time. Investors were eagerly waiting for the price to touch the highest peak. Keeping the poised form of bitcoins in mind huge investments were made. As we say, good things don’t last forever.

Bitcoins volatility is something which people forgot. They experienced it when there was a drastic fall in the market of the bitcoins. This fall came like a sudden blow. It created a situation of panic where people were freaking their wits out. A complete loss is what the investors had a nightmare of. Why do you think this situation has arisen? What, as an investor have you done in this situation?
According to me, there are two possible ways to deal with this situation.
The first way is to take a step back. When you have seen the market going down you opted an easy and safe way to withdraw your bitcoins at that present rate. This will save you from complete loss. You will suffer a certain amount of loss for sure but at least you will get something.These people are those who work on the strategy:- something is better than nothing.
The second way, according to me is a better way. You take a huge risk. When the market went down you didn’t lose your wits. You stayed back in your seat and saw the ups and downs in markets. You were ready for a complete loss. Why? Don’t you love money?

You did so because you had a certain confidence somewhere that the prices will go up. Sooner or later, the market will definitely grow. Then you will be the one with huge profits as till then only a few might be there. You will be able to achieve such things when you act smartly and with great patience.
The market now is showing a slight rise in the price of bitcoins. Today witnessed 12% rise the price of investors. This news gave somewhat reliefs to such investors and also boosted their morale. The price is likely to go up. No commitments can still be made as bitcoin market by its nature is quite unpredictable.
What do you think should be the next step for investors? What do you think should now be done? Shall the investors wait or they should withdraw their bitcoins? We welcome your suggestions here. Your suggestion might actually prove helpful to someone.