There is some confusion when it comes to BTC Market or USDT Market and sometimes it is difficult to decide to take profit in which currency, BTC or USDT.
I give you an example here and hope anyone can explain in detail.
ETH was 0.035 BTC few months ago and it was around 400$ USD. I did not took the profit and did not sell Eth.
Today, ETH is 0.028 BTC but in USD it is around 540$. (buz BTC price is high)
Now if i had sold it earlier at 0.035 BTC, so today's its worth would have been 660$.
So what's is the best approach in this case to get the maximum profit ?
If we talk about today, when we see a red market, and it is not known whether the price will go up or not, you need to fix profits in stable coins, such as USDT, or wait for the next rise. If we take the example of a similar situation that occurred a few years ago, most likely in the near future the market will be green again.