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RE: Sea of Red Continues to haunt us.
Just hold, I've been here before myself. Back then it went from over $1k down to $230 for several years and I kept mining it the whole time. Its current price is still over double that prior peak.
There are a lot of things happening in the background, and people are migrating out due to classic panic. Wait for it to hit its low, then buy, then wait; patience really does work in this environment.
Recently when the price spiked a lot it was expected to have a correction soon enough. But most of the people are too afraid to try anything and only selling while I am buying.
I see you are going for a spread, that should minimize your risk. Be aware there is a fair bit of instability about to enter the market for BTC this coming August, I would advise you to hold at that time and not buy any BTC then until issues have been settled; buying now is probably okay, as it should also be after mid-November. Read up on Segwit2X and UASF to get an idea of the timelines involved.