I am never going all in anymore. Last night when the crash started I was like:

- ok don't worry, this is merely a correction
- 800...700...600...550...
- At this point i was pulling my hair out and getting ready to panic sell

Luckily I didnt and held until it rebounded to 800. But it seriously felt like an April scenario (even though I wasn't there). It's a feeling I never want to experience anymore. Losing all my profits plus some of my original savings feels like the worst thing in the world. I was ready to cry. But lesson learnt...Don't trade on emotions (and yes I've only been introduced to the stock/bitcoin exchange thing since I discovered bitcoin back in April)

Follow a system or you will be foolished by your brain, remember that the majority loses.

Or is this more accutate, given what's happening to the price... http://www.blockchained.com/depth_mtgox_15d.png

Back at $610+

I've been around since April but haven't traded much, only since the start of this bubble. Normally I'm overly cautious but the euphoria of the last couple weeks got to me. I honestly believed it wouldn't crash.

I don't get it, is this for me?=) (i know what thermodynamics means)

Opinions?

Check the old posts, this image was on the crash of july 2011 and april 2013.