Forget about how much USD you have short-term, focus only to get more BTC, because longest trend is UP UP UP.
I have noticed that my biggest loses (BTC) come when I'm holding USD and waiting too long. Don't wait that the price falls.
Make a plan and stick to it when something happens.
This will get you with more fiat and more btc.
Lol, what do you think I am doing my trading for but to get more BTC.
I will never get more BTC just looking it going up, up and up.
I'm very fine with having bad trades, if I only would have good ones I'd be filthy rich now.
And millionth time, I don't care about holding bitcoin all the time, unlike permabulls who care only about usd dollar worth of their bitcoins and who bought at single numbers or so and now talking bullshit about holding to me who bought my first coins in March or to those who bought at 1k, I care about rising quantity of Bitcoins I hold. That's why I trade and that's what I managed to do trading.
Bad trade here and there is acceptable and perfectly normal.
The only thing I have to force myself to avoid is to trade as less btc vs usd as possible. I'm not good in that and I usually make bad decisions in that pair as I'm extremely small fish in that pair and got run over too easily.
I am not suggesting that you hold forever.
But what do you suggesting then?
I went short when it looked like drop is imminent, I usually play on safe and take moderate profits so I needed 10$ drop or so more, to put my trailing stop orders and finish that trade with profit even if it would reverse. It didn't happen, I went to bed, it rose contrary to all indicators and went away from me so I took a lost. Shit happens
I don't regret my trade at all, the only thing I partially regret is that I used leveraged shorting, that made my loss bigger. But it made my profit yesterday bigger too, bit smaller than loss but that's life