I think the best thing a person can do with their bitcoin is save their private keys in a safety deposit box (and only there) across town where it is not super convenient but still relatively accessible in a short period of time. Ignore all the drama and volatility and every month or so glance at the price of bitcoin. It's too tempting to jump out of bitcoin and then into cash or an altcoin with the hope of jumping back into bitcoin at a lower price and with more bitcoins.

Remember when bitcoin was making new highs? We all new there would be more volatility. The momentum will shift again in bitcoins favor.