I would definitely take advantage of how the market is reacting right now and invest in altcoins that I trust that have potential. Looking at the market right now there are a lot of opportunities specially for altcoins, prices that you don't get to see very often in some coins even lower that the prices at ICO.

Can't understand your motive for this poll which is quite unclear. But I will wait for some correction rather than buying any bitcoin right now. Instead of that I will buy some alts with high marketcap which are dumped right now like XMR, ETC and OMG.

Personally, I'd wait for a hard fork of bitcoin and only then sold the btc for fiat.

Option 2 for me too; I'd spend the remaining 300 USD on Waves and Steem as both forms of crypto have a solid foundation. Both coins have took quite a beating due to the current BTC-surge and thus can be bought cheap compared to a few weeks ago. My reasoning would be that Waves & Steem would recover somewhat after the hardfork on the 25th of this month, so I'd transfer those alts to BTC too with a profit. So my goal would be to get more BTC via alts.