Hello!
I wanted to open a discussion in regards to your portfolio exit strategies. As you are all probably aware that profit taking is crucial and the Bitcoin ATH has been surpassed, I think it's a great time for a thread to discuss.
I DCA'd in between $15,000-$25,000 BTC. My strategy right now is to do nothing, however once Bitcoin surpasses the previous ATH I'll be DCA'ing out a small percentage every week to secure profits and ensure I don't ride the price back down to the bottom. My plan for exiting altcoins will be the same once ETH surpasses the previous ATH which is around $4,700. Until then I will do nothing and sit on my hands.
I hope this thread provides value to someone.
What's your plan?
I wanted to open a discussion in regards to your portfolio exit strategies. As you are all probably aware that profit taking is crucial and the Bitcoin ATH has been surpassed, I think it's a great time for a thread to discuss.
I DCA'd in between $15,000-$25,000 BTC. My strategy right now is to do nothing, however once Bitcoin surpasses the previous ATH I'll be DCA'ing out a small percentage every week to secure profits and ensure I don't ride the price back down to the bottom. My plan for exiting altcoins will be the same once ETH surpasses the previous ATH which is around $4,700. Until then I will do nothing and sit on my hands.
I hope this thread provides value to someone.
What's your plan?