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.
Yes, there are people who are using bitcoins for business from its birth in 2009. They have saved a lot of bitcoins since 2009. Long term holders mostly keep their coins in two categories. One in which they put the savings and other in which they keep the bitcoins to do the trading.
Many people have adopted these ways since 2009 and are getting profits of millions since then. You just need to learn the skills need and before long you will also be trading and stashing thousands of bitcoins.