Post
Topic
Board Speculation
Re: Convert or HODL?
by
Kelvinid
on 15/03/2020, 22:53:05 UTC
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.
if you want to find safe it is better to convert to USDT or other stable coins, currently Bitcoin is still undergoing consolidation, and charts show a bearish flag pattern, all coins show the same pattern, Bitcoin, Ethereum, Waves I see exactly in the 1h time frame
That would be a smart thing to do but the others think it negatively coz it only helps the market to dump. Well, we are bringing our own life and our investment, if this could help to prevent from losing, why we shouldn't have. And to be honest, I'm not a kind of strong holder and I put in my mind that once I gain already, I have no doubt also to sell it then wait for the price to drop and buy back again. This what I usually do and I feel it was effective, and I believe also that the others might make this thing as well.