Something similar happens to me right now, with the one exception that I decided not to buy in last time, which turned out to be a good decision. 
But nontheless, I kept an eye on the market and the forum after the last bubble collapsed. Unfortunately I was too much a coward to not buy in at 70, and instead bought at 105.
Whereas I just looked at the Bitcoin price and the market situation itself the first few days, I soon began to have a closer look at the whole BTC-economy. I search the web for goods and services I could take use of all the time, and think of things I could sell for bitcoins.
The point is: Im not really interested in converting into fiat anymore. Instead I'm much more intrested in backing the Bitcoins value by helping build up a living economy. Even if this turned out to be not quite easy at the moment
Maybe more and more people start to take over this ideology, and the utopian vision of a vital and truly free "Bitconomy" could become as real as possibly thinkable.
Just for the record: Of course I will sell when I get the impression theres a big price drop soon to come. But just for re-investing everything in Bitcoin.
But nontheless, I kept an eye on the market and the forum after the last bubble collapsed. Unfortunately I was too much a coward to not buy in at 70, and instead bought at 105.
Whereas I just looked at the Bitcoin price and the market situation itself the first few days, I soon began to have a closer look at the whole BTC-economy. I search the web for goods and services I could take use of all the time, and think of things I could sell for bitcoins.
The point is: Im not really interested in converting into fiat anymore. Instead I'm much more intrested in backing the Bitcoins value by helping build up a living economy. Even if this turned out to be not quite easy at the moment
Maybe more and more people start to take over this ideology, and the utopian vision of a vital and truly free "Bitconomy" could become as real as possibly thinkable.
Just for the record: Of course I will sell when I get the impression theres a big price drop soon to come. But just for re-investing everything in Bitcoin.