Oh well. We had a good run (since early July, to be precise).

First time in quite a while I reduced my btc position substantially. I'm still in, never go full fiat :D, and I consider consolidation still slightly more likely than a major crash, but I also believe the chance of a sudden breakout upwards is somewhat lower than a similarly powerful breakout downwards, so there you go.

Guess I'm putting the old adage "...be greedy when others are fearful" to a test.


EDIT: not because of Baidu, by the way. Fuck Baidu :P