The BOLD is where making bold edits is encouraged, as it will result in either improving an article, or stimulating discussion. If your edit gets reverted, do not revert again. Instead, begin a discussion with the person who reverted your change to establish consensus.
The BOLD, revert, discuss cycle (BRD) is an optional method of reaching consensus. It can sometimes be useful for identifying objections, keeping discussion moving forward and helping to break deadlocks. Care and diplomacy should be exercised. Some editors will see any reversion as a challenge, so be considerate and patient.
BRD doesn't work well in all situations. It is ideally suited to disputes that involve only a small number of people, all of whom are interested in making progress. There are other options, and some more suitable for other situations.