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Topic: Always have an exit strategy - page 7. (Read 950 times)

legendary
Activity: 1134
Merit: 1599
September 21, 2021, 03:15:57 AM
#2
Yeah, and the new All-Time Low always comes only when the price dumps a little bit.. right? And $100k always comes only when green candles pop up..

"Exit strategies" have been out there ever since Bitcoin exists. And look at it, look at the charts ever since, see how much they really worked. For most of us, trying to go for these "strategies" always meant a failure. The best strat when it comes to Bitcoin is still just hodling and that's it.

Historically it might mean that BTC's 2021 bull run is over, but history doesn't mean much when you have Bitcoin reaching all-time highs of adoption and BTC-related laws. We've never lived times before where countries turned Bitcoin into legal tender. It could very, very well be a halving cycle that does not follow the previous ones.
jr. member
Activity: 72
Merit: 1
September 21, 2021, 12:45:29 AM
#1
A lot of veterans I talked to back in January/ February had exit plans that were going into action late summer and early to mid fall at the latest. That was a majority of veterans.  I think bitcoins dropping to its new bottom slowly but surely. But it won’t go past ath for a while. It has been nearly a year and 6 months. Historically it probably means the btc 2021 bull run is over.
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