Market has been doing great, and this is just the beginning.
Nonetheless, we all saw how this market operates with sharp ups and downs, and saw the great opportunity the July dip gave us.
My question is simple: Do you think it is time to start accumulating some fiat (or USDT) to reenter after a correction?
I speculate that the 1st Nov bitcoin fork (or non-fork) might create the conditions for fear somewhat like we saw with 1st Aug.
I also speculate that this time the down-turn will be less sharp than what we saw, as the market matures and also since traders start to learn how to play the market.
What is your view? Are you selling a part to be locked-and-loaded to re-enter? Any targets in mind (either in terms of time, total market cap, or coins price)?
Yeah, I guess you have a point. Unfortunately, it is so hard to hit the right spot... it doesn't feel good when you had sold your bitcoins and then eventually the price goes up. I guess the right way to take advantage of the correction is to save your money now and buy bitcoins on correction. Do not sell bitcoins just to re-enter after a while.