Post
Topic
Board Trading Discussion
Re: BTC to Tether for percentage gain
by
GreatArkansas
on 03/04/2024, 02:21:36 UTC
Question
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?
For me, the answer is yes because the strategy you're describing is commonly practiced in the cryptocurrency world, not just with Bitcoin but with other digital assets as well.

HODLing involves holding onto Bitcoin regardless of market volatility, with the expectation that is value will increase significantly in the long term.