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.
I can't tell you what you should do with your bitcons.I can say what I can do with my bitcoins.
I will HODL until the summer.I don't care about the short term market panic.I don't care about coronaviruses and stock markets.I'm not a day trader,so I won't sell now and buy cheaper BTC later(if the bear market continues).You can do whatever you want with your coins,but don't seek for trading or financial advice here.It looks stupid to me.
Little dump is not going to affect and you, and this is my advice for trader's out there, as long as you don't need money to buy anything or if it is not emergency then, don't convert! it is just going to be a loss if you are going to accept and and convert it into fiat, as long as your coin is on negative don't convert considering that it may pump and you are going to receive you profit. Here in trading, it's just a battle of patience! so always HOLD!!! 