Hi,
I started with Crypto Last Year in September so before the big run up where everything was green every day. Thats when you think you are so good in trading Cryptos😉
Everybody knows what happened the little dip
and of course I didn't take any profits before the dip, so it was also hard to buy the dip afterwards.
My Question is now when I take profits to stake up for the next dip, into what should I convert it?
Do you convert into FIAT and in the Dip you put it back to Crypto or do you convert to a Top 3 Crypto?
Do use Tether as it should be stable?
Let me know your way
It depends on your own pattern of trading. Most times, all the coins or tokens can be converted to btc and then you can hold your btc strong and buy back the dips of the altcoins for profit, so as to increase the holding of your bitcoin in the long run. I started with Crypto Last Year in September so before the big run up where everything was green every day. Thats when you think you are so good in trading Cryptos😉
Everybody knows what happened the little dip
and of course I didn't take any profits before the dip, so it was also hard to buy the dip afterwards.My Question is now when I take profits to stake up for the next dip, into what should I convert it?
Do you convert into FIAT and in the Dip you put it back to Crypto or do you convert to a Top 3 Crypto?
Do use Tether as it should be stable?
Let me know your way
Also, you can decide to turn your btc into fiat, and then buy back lower, but that is in the case that you are sure bitcoin is turning down, and you do not end up being a victim of a bear trap.