I sold mine at 1020$. I guess I was a bit hasty about my decision. I just couldn't risk the possibility of a huge dump from 1000's to 800's. A dump like that recently happened and I was mad at myself for not selling above 1000's. So i did it this time.

Though we all say the price will rise again but that's quite true and genuine. Just what the best you could have done is sell half your coins at $1020 and then buy bitcoins for that half money when the price reaches 800-900 dollars ( if it reaches there though ).
This is the best and most reliable way people are doing now since this gives stability and security while giving you more and more bitcoins with time. You can't loose with this strategy unless a big dump comes and you get panic.