I am a long term HODLer and believer in BTC.
I have been adding to my position since 2013. and sold 0 BTC over time.
Obviously I am happy with the development but the worm of greed is always digging in the back of my mind. Could I increase BTC if I sold BTC for some fiat or Tether before correction and add more BTC when the correction ends.
I had no problem holding BTC when it crashed from 900$ to 200$ but I would have mental issues if I converted 1 BTC to 2400$ and had to buy again at 2500$ thus diminishing my BTC stash.
Are there any long term HODLers who are succesful at employing this tactic of buying corrections? If so I would like to hear your strategy. Thanks.
I try to buy in the corrections but I also will buy some of the major altcoins if they have a correction. I'm trying to diversify a little because some of the altcoins appear to be catching upbto Bitcoin a little. I don't know if any will catch Bitcoin but some could have bigger gains than Bitcoin going forward.