Topic: What's your exit price(s) on this bull run? - page 3. (Read 564 times)
Right now, I don't have any exit points or exit prices because as long as I am seeing a profit I am automatically exit and then buy again once it drops a little. It's very hard to predict the price right now so I am scared to hold it a very long due to the market might down or dump sooner. I am taking for granted the high price now to make some profit although it's very little because it is much better than having a loss, am I right? So today it would be hard to say some exit price and exit points.
Now the bull run is never going to end.It will keep continue with a small gap.Because the price of bitcoin reduced to 47k$ last week and back to 51k$ this week.Finally it was landed at 56k$.So it was over a 9k$ variation in a period of two weeks.It was a good pump for the holders from 47k$.But patience played a role.
Seeing quite a few predictions here based on log charts that BTC is going to 150k, 200k, 400k, etc. by EOY then crashing 50-90% in '22. If you think the markets are going to follow this pattern a la 2017, then what are your exit points and reentry points? These could always change but I'm interested in what your medium/long-term strategy is to capture most of the anticipated highs of the bull run.
It will crash this year, not in 2022. Just pay attention to the charts and you will see what I see. What I don't know exactly is when. It could be next month, or September, it will not go all the way until December though. 50% won't be the bottom from the ATH, it will be 80%.
Seeing quite a few predictions here based on log charts that BTC is going to 150k, 200k, 400k, etc. by EOY then crashing 50-90% in '22. If you think the markets are going to follow this pattern a la 2017, then what are your exit points and reentry points? These could always change but I'm interested in what your medium/long-term strategy is to capture most of the anticipated highs of the bull run.
Well, as far on your list here I think $150k-$200k was something more real even in this year alone but I think it will be the same as the 2017 bull then 2018 bear market, what crypto space miss on that year was the institutional investors. It's no wonder there will always be who will taking some profits but I don't think these institutional investors will just hodl it for a year.Sooner or later a $60k-$80k would be surreal I may guess but I think I may not get into FOMO as those are psychological levels and there will be whales may selling at that point. I think my bitcoin trading exit will always be at December, historically.
I don't have much on my belt right now so exit prices is literally out of the question. If I have more, perhaps I might sell @ $80k-$100k and re-buy if price retraces from there. This is for the short-term, considering that we're not out of the bull run yet though pushing for more than $100k is still kinda hazy. I do believe in bitcoin reaching more than $100k, but it's logical to cash out some and re-buy for more BTC in the future.
It’s a good idea to stagger sell. Maybe sell 5% every $5,000 rise from the current price or something. Never sell everything, always keep a good % of your holdings. But back during the bear market but wait for a confirmed top before the usual post high land slide begins.
I prefer selling relatively tiny amounts to buy some stuff whenever the price is attractive. Basically under $100k, it is worthless to sell for the sake of selling and earning some cash.
Excellent for short-term trading these days. Bitcoin very often tries to penetrate support to become a bearish market but often fails. I guess this year is cryptocurrency year. will end probably in the middle of 2022. it would be better to enter cryptocurrency for the long term at that time. currently alt season has not started, but it will be soon.
everyone is pretty having a hope on bitcoin, so i dont think i can set any target to TP, but all i do is i take take profit whenever i need it either in pumps or dips as long as its important. i know many people are afraid of being caught in dips that could drag down the price so much. thats why its good to check to check chart and predict BTC movement, sometimes you might be wrong, but many times you will be right. depending on whether you are long term or short or medium. long term simply add more funds to buy at every dip to hedge any loss.
This year is different from the 2017 bullrun or should we hype. The current positive status of the market now is due to institutional investors fomoing. As for as the market is concern I think I should hold on tight and prepare for something bigger in the near future.
It’s a good idea to stagger sell. Maybe sell 5% every $5,000 rise from the current price or something. Never sell everything, always keep a good % of your holdings. But back during the bear market but wait for a confirmed top before the usual post high land slide begins.
The plan is probably to consolidate portfolio into BTC and ETH first. Next step is to ladderize selling like 10-20% as other members have already said. That method allows you to lock in profits in fiat and still not miss the chance of more profits if the price increase further.
Speculating on reentry price is premature. We don't even know about the peak. You will have all the time needed to enter again once bear market comes. I'm pretty sure it will be another long hibernation period.
Speculating on reentry price is premature. We don't even know about the peak. You will have all the time needed to enter again once bear market comes. I'm pretty sure it will be another long hibernation period.
Here are my exit targets:
20% of the remaining coins: $100,000
40% of the remaining coins: $250,000
I invested in Bitcoin for the first time in 2017, and back then my purchase price was $900 per coin. Right now, I am at ~60x profit, although I sold around half of my coins in 2019 and 2020. Personally, I believe that in the long term Bitcoin can even approach even 7-digit prices. But that may take a decade or so, and I don't want to take the risk of holding on to all of my coins for so long.
20% of the remaining coins: $100,000
40% of the remaining coins: $250,000
I invested in Bitcoin for the first time in 2017, and back then my purchase price was $900 per coin. Right now, I am at ~60x profit, although I sold around half of my coins in 2019 and 2020. Personally, I believe that in the long term Bitcoin can even approach even 7-digit prices. But that may take a decade or so, and I don't want to take the risk of holding on to all of my coins for so long.
As of now, I don't see myself having an exit point. I'll sell at any time that I want if I see a purpose to do it. But to have a full exit, that's not in my end. There's still a long road for bitcoin and as we see, it's just getting started. While we're thinking about the exit, what could be the mindset of those institutions that are pouring hundreds of millions to billion of dollars on it. I think they're even thinking more than an exit or probably don't even think of an end game as what they see on its currents status.
No exit price. Just HODLing, although I may sell a little bit (like 10-15%) when we reach $100K, as I already did when we crossed $20k, 30k and 50k. Don't try to time the market, you'll sleep better and you'll make more money.
Seeing quite a few predictions here based on log charts that BTC is going to 150k, 200k, 400k, etc. by EOY then crashing 50-90% in '22. If you think the markets are going to follow this pattern a la 2017, then what are your exit points and reentry points? These could always change but I'm interested in what your medium/long-term strategy is to capture most of the anticipated highs of the bull run.
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