What this guy should have done is to sell only 400 BTCs at $0.30 to get his money back. Then he would have kept 1,300 Bitcoins.
This is similar to what I did at the end of 2011: I bought 200 at $7 and sold 50 3 weeks later at $30.
But I have the feeling that he would have old all his BTCs at $8, instead of selling only a fraction of them.
And nobody should listen to me, as I lost all these 150 Bitcoins, motly because I left them on MtGox.
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