I'm only 15% long and I feel despair. I feel despair over the short that I covered at 490. I cannot even imagine the people who went all in, leveraged, or sold their house.
after 490 I sold 5 times. Of course it is crazy selling on lower price then you buy, but in such down trend it make sense as your next buy still better.
SELL lower than you had bought, but then buy back in lower than you sold.. I believe that is the point in which money is made... and brings down your price per BTC..