hello
I have sold half my coins on the way up, not wanting to go back to so "little" value as before. Now of course it seems stupid to have done that, but catching the top is not my forte. When this bull run started I figured, when my stash is worth a certain amount (one with enough 0s), I'm selling everything but 1 coin.
Now I don't know. On the one end, if such bust and bull runs can still happen, then the logic is to sell at one point yes, but with the goal to buy back later when it will have crashed. I expect I could double my stash at least from doing that.
Then again, maybe it's the last bull run, and once it's down, if I convert from cash to coins again, I will have double the coins, but which will never rise again.
I know some of you have enough coins to play all scenarios, but not me.
When I say the plan was to sell once enough 0s reached, the idea was to get that money out and invest it in something else, probably a mix of real estate and stocks, or just real estate.
Now it seems playing with coins at least a couple years more might be well worth it.
But it's such a wild ride !
I have sold half my coins on the way up, not wanting to go back to so "little" value as before. Now of course it seems stupid to have done that, but catching the top is not my forte. When this bull run started I figured, when my stash is worth a certain amount (one with enough 0s), I'm selling everything but 1 coin.
Now I don't know. On the one end, if such bust and bull runs can still happen, then the logic is to sell at one point yes, but with the goal to buy back later when it will have crashed. I expect I could double my stash at least from doing that.
Then again, maybe it's the last bull run, and once it's down, if I convert from cash to coins again, I will have double the coins, but which will never rise again.
I know some of you have enough coins to play all scenarios, but not me.
When I say the plan was to sell once enough 0s reached, the idea was to get that money out and invest it in something else, probably a mix of real estate and stocks, or just real estate.
Now it seems playing with coins at least a couple years more might be well worth it.
But it's such a wild ride !
Your strategy to play "all scenarios" should not be dependent upon how many coins you have.
In any event, you should be able to create a sound strategy as long as you are NOT selling too many, and mostly focus on accumulation. Once you get enough coins, then your strategy of how to sell, perhaps incrementally could become more clearly to you... but for some reason I have my doubts.. because anyone selling 50% of his stash in one point.. seems like too much of a gambler to ever really become rich.
