All technical and news relating to the Chinese have been pointing at btc easily reaching $400 or less. I have bought coins at an average of like $600 so I just wanted to hear the opinions of whether its not a bad idea to sell now and buy back more when it hits $400 or less.
Might be too late now but you could look at shorting with your BTC as collateral. Essentially that'd freeze your $$ position should it turn and hit > what you shorted while gaining the upside of cash if it continues going down. I've followed this strategy a few times when it seems unsettled, sure when it's gone up I've lost a few dollars but when it's gone down I've gained. Set tight stop losses!