Remember to sell when it goes up 100% a week, the final day is 30% per day. We are not yet there but things can evolve quickly. When this happens, it is a local peak, has been many times before and is now 
when do you recommend to buy back after this happens?
Heh that's the trickier part.
In my SSS link I actually advise against trying to time the peaks at all and rather sell at predetermined price increases, and not buy back.
Open Bitcoincharts.com and study all the bubbles - the low is typically quite much lower than the peak, in case of major peaks that have first made an ATH (2011/6, 2013/4, 2013/12) it has always been about 20% of the peak. Since in my opinion it is realistic to sell on average at 60% of the peak price in these cases, you can still set the bid at 1/2, even 1/3 of your sell price and historically it will still hit.
If the bubble fails to make a new ATH during its course, the price downside is less.
As is the topic of the thread, we are way behind the trend so a superbubble similar to the first one in 2013 is easily possible. Here the trader (not SSS investor) does well by waiting until a weekly red candle comes, and sells only the following week. Selling prematurely is the greatest danger here.
To be honest I am not really interested in increasing my fiat position, i'm more interested in increasing my bitcoin position, therefore, selling and buying back at the right moment is crucial. Of course I know i can never get the absolute top and absolute bottom, but trying to get at least a reasonable gain for the risk
I just don't trust the dollar and euro (or the financial system as a whole) enough to rely on it. The vast majority of my money is in bitcoin, another part is in silver, and only a fraction is in fiat.
Risky? Maybe, but I consider the risk of leaving it in fiat to be much higher.
I will take your advice, and even 1/2 seems reasonable enough. It might not be optimal, but at least it's a large profit and a moderate risk.
Of course I will not sell when I anticipate another bubble, such as now.
Thanks for your insight.
There may be a "bubble" to $800 or $1500, but if this exponential trend is accurate and we retest old highs, then we could very well be going for $10,000 per bitcoin within the next two years.
We all want to maximize gains, but honestly, we're all probably better off following SSS. None of us will perfectly buy and sell all the way to $10,000.
You don't sell to buy and hold fiat, you sell to buy income producing assets. That is the key, target your SSS strategy so that by the time you've sold half of your BTC, you have been able to buy enough income to live on. You still get to enjoy the ride up if it continues, but also have established security.
What would be the minimum $ required to invest in "income producing assets"?
What assets would be good to invest in?
How would you even start investing in those assets, as someone who is young and has never invested in anything but bitcoin before?
How do i protect myself from financial collapse with those assets, in case the dollar/euro/financial system breaks down? (Other than the % of money still in bitcoin that isn't divested?).
