BTC is at $73K! Let's talk about your exit strategy.

MrT131

MrT131

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Hey BHW,

BTC does not want to stop. Every little dip gets bought by ETF investors and others. Now we're even at $73K and I feel like we need to talk about something which is often forgotten.

Every good trader or investor should have an exit strategy. What is your exit strategy with regards to BTC?
Feel free to comment on which level exactly you want to drop out at.
 
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I probably won't quit until ETH hits 10k$ which is a pretty easy target.
 
waiting and hoping BTC will reach $80k, i would gladly sell at that price
 
I exited the market a few years ago.
but I didn't exit willingly lol :D
 
Guys, if crypto has taught us one thing, it is: Never sell too early. Never panic sell. I bought 5 BTC when the price was around $450 back in 2016 which I considered a big risk back then because I believed it could go decrease to $50 or even a few cents. Then sold it for 6k and was happy af. Now it is at 73k.
 
BTC to 200k will be my exit plan. Current market shows its possible to achieve this within next 4-5 months.

HODLLLL
 
I will exit partially at 100k. Still will keep some funds for next 3 years. There will be a bear market for 2-3 years but next bull run will be more massive to current one.
 
Took out all the profits at 73k$ and now there is only initial investment there in my portfolio.
 
nakamura said:
Guys, if crypto has taught us one thing, it is: Never sell too early. Never panic sell. I bought 5 BTC when the price was around $450 back in 2016 which I considered a big risk back then because I believed it could go decrease to $50 or even a few cents. Then sold it for 6k and was happy af. Now it is at 73k.
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But I think the bull runs will bring lower and lower percentages every time they happen. The volume always has to be increased extremely, which was possible in the beginning when nobody knew about BTC.
Project Limitless said:
Crypto sub-forum is suddenly alive again lol
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Yes! Let's go :D I love reading about crypto on BHW.
kalpana007 said:
I will exit partially at 100k. Still will keep some funds for next 3 years. There will be a bear market for 2-3 years but next bull run will be more massive to current one.
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I think $100K is a good level for an exit. I can also well imagine that many traders or investors want to get out at $100K.
 
MrT131 said:
I think $100K is a good level for an exit. I can also well imagine that many traders or investors want to get out at $100K.
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Yes you are right but it depends on type of investors. Like whales are more patient and they will still hold at 100k Or even higher.
 
MrT131 said:
Hey BHW,

BTC does not want to stop. Every little dip gets bought by ETF investors and others. Now we're even at $73K and I feel like we need to talk about something which is often forgotten.

Every good trader or investor should have an exit strategy. What is your exit strategy with regards to BTC?
Feel free to comment on which level exactly you want to drop out at.
Click to expand...
I am buying currently for long term. Will hold for next 5 years, do not have an exit price at the moment.
 
onlinemarketer12 said:
I am buying currently for long term. Will hold for next 5 years, do not have an exit price at the moment.
Click to expand...
If you buy now, you should be careful that you sell quickly enough if the price goes up. I know a few people who got in late in the last bull run and then had to sell in the red.
 
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