After recent dump is it still safe to hodl on to our existing bitcoin or convert it to USDT? I have just converted my bitcoin into USDT and I will be monitoring the market closely with multiple reminders to buy back when the value starts increasing so that I don't use my existing balance and eventually buyback more than I have right now? How many of you agree with my idea? Kindly share your suggestions.
There could be investors who convert and hedge their fund against USDT, I myself convert it to our local fiat. However, I have to wait for the price to really pick up before I can convert it again to BTC because of fees. So I stop doing that and just HODL on it and wait for the price to recover. You said you have capital to buy back more, then do it, nothing is wrong by HODL, you don't lose any money at all, just saying.