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.
Sure it is smart if the price goes down further. OTOH I know someone who sold @ 63 in July for the same reason, almost exactly hitting the low. I for one know that I'd bend over backwards and bite my own balls off if I miss the next rally just because I could not resist gambling for some change.
In addition, gambling for change is taxable. Hodling is not in many jurisdictions.