I wouldn't because a knife of death would need serious issues in the order of a broken protocol for it to happen.
I mean someone starts to cash out +20K BTC and everyone jumps ship at the same time.... you know like the crash from 15 to 7
do you remember how ridiculous that was? that's what i mean when i say "falling knife of death"
is this even a possibly anymore, are the people holding large amounts of coins sitting on 1000%+ profit anymore?
I don't think it was ridiculous, it was a perfectly normal market reaction to pirate default.
In case of a major sellof I would place half of it around 4.x and make a market order with the other half after the wall has been eaten. But then again this depends on the circumstances if there is a fundamental indicator that the long term bull market is over I might wait longer.
