HODL is common practice with many Bitcoiners but has anyone braved the risk of changing out BTC for a stablecoin to then change back into BTC when the price has significantly lowered to gain percentages?
I once thought to do this but was not able to because I thought the market would come down after booking some of my seed profit, but it did not come down. And after that, whenever I planned to book some profit, I think of the past experience and didn't book any profit, and then the market made the opposite trend and came down. Just like the recent dump when the market touched $72k and then came down to $66k, I think.
And at the current time, BTC sits at $65k and I am thinking it might go down to $62k. Due to some indicators, and due to the current market situation, I am getting this feeling. Plus the recent act of US transferring the funds (only 0.001 BTC) of Silk Road (hack seized) might ignite greater selling pressure among new investors.