My plan was to sell half at 100K and let the rest ride. Do you have a sell target for your long-term stash?
Nice round number. But it might be prudent to choose a number that's not too round. To beat the crowd, you know... I bet lots of people think selling the day we hit 100K.
Before JJG comes back I will state the obvious: It's better to go selling in a laddered manner, ie: Beginning in small quantities from ie. below $50K all the way up.. maybe even rebuying some at the customary dips on the road.
Would be a shame if price stopped short of $99K before the next bear market without having sold shit.
But I guess infofront already knows that and was just setting some theoretical milestone for being half fiat half Bitcoin.
I am mostly sure it will take more than one bull run and subsequent bear markets to reach $100K. So better prepare for that too.
I agree with you both. In the last bull run, I just sat back and HEDL. In the next one, I'll try laddered sells when we go parabolic. If I end up with less than my target amount, I'd try to buy on the way down and increase my stash.
