Day trading with anything is a lot of risk... but at the end of the day, you only loose what you put in. (As opposed to real day-trades, where you are "forced" to cash-out at the end of the day, thus all losses are "realized", not "figurative".)
I hope it goes down to 50 or 60 again... (That is the half-way drop from average.) That is both expected, and welcome, from me.
It will rise, because losses are now real, as more coins sit in "buyers hands", rather than sellers hands. (Well, coins that are not lost or stolen/destroyed.) Thus, those losses are, "realized", and limiting the majority from "selling short", because they just can't, or they loose!
I gotta find that place that does hedges... Then I win more, when it falls!