Quote from: virasog on Today at 06:42:43 AM

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Many times people get rekt by this strategy as price does not come back in the bull market. This is not a good strategy to convert to USDT and then again buy bitcoin.
However, you can still wait and hope that bitcoin will dump to 14,000$ before crossing 20,000$.

People don't get rekt for selling, they instead get rekt for not buying back.

Imagine if OP who made the mistake of selling at $14100 had realized the mistake and bought back at something like $15000, that would have meant a small mistake and a small loss but preventing the bigger loss and still be in profit when calculating the total net profit since the current price is $19k+.

You see it is natural to make mistakes in any market, nobody can predict the price movement with 100% accuracy, but you can always read the market movement and adapt, if you fail to adapt and get stuck in a certain mentality that came from the previous market trend then that leads to losses.