You would think after almost three years of being involved in the cryptocurrency sphere, that I would know how to trade. But I still am quite clueless. I thought I did well yesterday. I managed to put of few trades together, where I sold higher and then would buy back lower. I didn't catch the absolute crests and troughs, but I did OK with the little bit that I was moving around. I then bought back last night, and left it at that, so I could sleep well at night with a few more satoshis than I had 24 hours ago. This morning, just before work, I saw the market shoot up from a low of almost 2800 USD to a little above $3300. I thought, surely this must be near the peak, so I sold a little bit of my BTC. Now it appears the rally has continued and I find myself stuck with a fiat balance on Gdax. I know that it is recommended not to seek trading advise in this space. However, I really am clueless what to do. Any recommendations? Here are my options.
1) Keep the fiat balance on GDAX, so that I can continue to play around with the market at my leisure, and have both a BTC balance and a fiat balance.
2) Transfer fiat to Paypal and pay off the credit card balance that I have for them. (Coinbase charges a big fee to do this though, and I could probably pay off my balance outright with fiat I already have in the bank anyway.)
3) Buy back your BTC, use this as perfect example that I suck at trading and transfer all my BTC back to cold storage so I can HODL.
Thanks in advance for the advice.

I engage in periodic bouts of such swing trading. When I get caught holding a bag of stinky fiat, and no way to buy back in without a loss, I just stay in fiat. Options include:
- enter a limit buy at a strike price below your last sell and forget about it. It may execute in the future if the market dumps again (I have a ladder of open orders in the $1000 to $2500 range that may never execute)
- you'll need some fiat to pay the cap gains tax on your profits anyhoo - when april 15 rolls around, cancel your open orders if you need the dosh
- pull your money and have a fling. If you tie a bank account to GDAX, withdrawals are free. Yes, free.
And the number one answer:
- Buy some BCH. As $/BCH:$/BTC trends toward 1:1 you'll be back in profit.
Buying back in at a loss just feels like failure to me. Of course, I already hodl all the Bitcoin I'll ever need, and only trade a minuscule fraction thereof. Your mileage may vary.