Many people in some of the groups I know are thinking about converting to USDT to convert back to BTC after the rainfall stops but I don't thing this is a wise decision. Personally I have resolved to continue buying this time. What do you think?
I don't think it's actually wise to convert your bitcoin to USDT to buy back, instead i will suggest you should keep doing DCA to gradually accumulate bitcoin holding and stashing. Moreover, i don't also buy the idea of holding usdt instead of that it's better to hold decentralized coin or holding directly USD. You know most doesn't know how to make investment and they usually think that the only time to buy or invest in bitcoin is when market is rising and that is very wrong to say, so holding back while the market keep undergoing it phase will also positioned you in a better price level..
Here on my case on which i have that divided up my investment on 2 portions on which the one which is intended to be hold for long term and theres for short term period on which you are the ones will really be that making out some adjustments whether you will be accumulating or having some USDT reserve for that on the moment or time that the market will be having its correction then you do able to make out some adjustments accordingly. Profitability will really be that a matter on decisions because not all will really be having on the same mindset when it comes into their decision making because there are ones who are really that too scared on taking up some action and instead on diving into some potential opportunity they do just simply missed it up before they cant bare up with the risks.
Well, its not really that bad to have such behavior because this could save you up on potential loss specially if you arent that sure on what you are doing. Invest on what you can afford to lose and never make yourself that being that impulsive or being desperate because this will be resulting into tons of mistakes into the things that you've been doing. So better take it slow and be mindful on every step you are making and dont be that rushing up on making profits because this will be that prone into tons of mistakes.