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 ?
when I see that, when bitcoin goes up then the price of altcoins goes down, when bitcoin drops the price of altcoins also goes down, but when bitcoin stabilizes then the price of other altcoins will fly to the moon. So when bitcoin rises we can keep assets in bitcoin until it reaches its profit target, when it is bitcoin then try to save on USDT, and when bitcoin is stable we can trade altcoins so that is the best strategy to implement.