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.
Do not worry about the market mate, there is no lose in investing, you can still hold your money anytime, you look like a typical beginner that panics when the market is down, when the bitcoin goes 3.3k USD investors still hold their money and when the bitcoin reached the 19K Dollars investors still hold their money, do not worry about it mate, you have to wait for the market to rise again the convert it on your fiat currency. The things happen on the market is a normal thing, bitcoin changes its price day by day so do not worry about it because in the near future, the market will goes high again. Everything is normal.
Always hodl, the spikes come fast a furious without warning, converting is just asking to lose out. Don't lose out.
Well said, the changes of price of the bitcoin is really fast, after a day or minute it can turn back on 9K Dollars, so do not pull out it, just wait for the bitcoin the goes high again.