I wonder how recent 266 bubble affected people. Are they now not scared by bubbles any more and even if someone will dump lets say 100k bitcoins at once we will recover really fast? I'm not going to do anything when price will drop hard. Maybe will buy some more if i will have cash ready. But what others will do.
Last March/April I promised myself to learn from 2011 and not panic when the bubble burst, but wait and sell some coins to the dead cat bounce while hoarding the majority. Worked out OK. I sold at 165, bought back at 97 and been hoarding ever since.
Now I'm trying to accumulate as much fiat as I can in my Virtex account without selling any coins, waiting to buy more coins when this next crash happens.