Topic: What's your exit price(s) on this bull run? (Read 564 times)
I'm not going to sell bitcoin unless it's absolutely necessary. I'll keep hoarding and spending some of it along the way. The price will continue to rise, because even though there is a substantial decline, it will still have significant value, so it will not worry me that much. I just hope that it becomes more commonly used so that making transactions with it becomes simple and convenient.
Actually, I don't have any intention to hold bitcoin for long term investment anymore since its price just increase above $42.000. I've sold my holding since I bought when its price below $15.000 and I collected as much as I can at that time.
Still very nice profits from that level, considering where you made your entry. Profits still profits as how I understand this business.
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But, when its price was broken a previous all time high $20.000 I just focus on where the high price that will be reached and I choose $42.000 as my entry sell and it was credited.
Well executed and if you are a person who value profits that's very cool earnings out there.
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Now, I just using short term investment strategy. When its price is trying to reach the previous all time high then I'll put the entry sell in the previous all time high. Because at this price there will be a rejection and I always afraid that the previous all time high can't be reached then its price will be dumped.
Nice strategy and if you closely monitoring the movements most of the time this one is true, all time high once experienced corrections, there are many rejections to happened before it will completely breakout.
I cannot either name my exit price in bitcoin because as of now i have a strong gut feelings that bitcoin will continue to take the road of hitting a new ATH and as of now i feel comfortable that even i left even a half of my bitcoin in my hard wallet it still have a value. So far today, i am enjoying watching the market seeing that my favorite cryptocurrency is in green arrow and yeah its like a candy in the eye seeing bitcoin in its new value today of $59,999.
into that level which is understandable because selling off point on why these corrections are pretty common and when it comes to exit strategy then this will vary into each of everyone.
Some might be selling out on 59k or 60k or 65k depending into their own target and as long you do make out gains then that what matter most.
Actually, I don't have any intention to hold bitcoin for long term investment anymore since its price just increase above $42.000. I've sold my holding since I bought when its price below $15.000 and I collected as much as I can at that time.
But, when its price was broken a previous all time high $20.000 I just focus on where the high price that will be reached and I choose $42.000 as my entry sell and it was credited.
Now, I just using short term investment strategy. When its price is trying to reach the previous all time high then I'll put the entry sell in the previous all time high. Because at this price there will be a rejection and I always afraid that the previous all time high can't be reached then its price will be dumped.
But, when its price was broken a previous all time high $20.000 I just focus on where the high price that will be reached and I choose $42.000 as my entry sell and it was credited.
Now, I just using short term investment strategy. When its price is trying to reach the previous all time high then I'll put the entry sell in the previous all time high. Because at this price there will be a rejection and I always afraid that the previous all time high can't be reached then its price will be dumped.
I cannot either name my exit price in bitcoin because as of now i have a strong gut feelings that bitcoin will continue to take the road of hitting a new ATH and as of now i feel comfortable that even i left even a half of my bitcoin in my hard wallet it still have a value. So far today, i am enjoying watching the market seeing that my favorite cryptocurrency is in green arrow and yeah its like a candy in the eye seeing bitcoin in its new value today of $59,999.
i have no "exit plan/price" unless you mean an exit from fiat.
my plan is simple: i sell if and when i need to, at whatever price it is at the time and cash in as little as possible.
for example i sold enough years back to retire and that took a good chunk. and i do try to cash out enough periodically to have a cushion for a couple years for when the bear market returns. and while i try to time it for decent prices ive long learned that timing an accurate top is not my thing.
so exit strategy? ah no. its the "stay in the game" strategy that matters.
my plan is simple: i sell if and when i need to, at whatever price it is at the time and cash in as little as possible.
for example i sold enough years back to retire and that took a good chunk. and i do try to cash out enough periodically to have a cushion for a couple years for when the bear market returns. and while i try to time it for decent prices ive long learned that timing an accurate top is not my thing.
so exit strategy? ah no. its the "stay in the game" strategy that matters.
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.
I'm still accumulating through DCA.
If you're trying to take short term profits, then honestly this is a good exit point. I think that anything that gets remotely close to 6 figures is going to be nearing dangerously frothy territory. $60k is not a bad exit price either.
But my goal isn't to take short term profits (and potentially incur a CGT event, for that matter) - I'm still accumulating for the sake of hedging against a imminent fiat collapse as opposed to trying to construct a profitable short term speculative position. Which is why I'm only selling if I absolutely need to, in order to cover living expenses etc.
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.
I cannot suggest my exit price of bitcoin for this bull run at the present moment because no one is sure how high will it go. I think when you see a parabolic move like 20-25K upward movement in a day or two, you should be caution because all bull markets are most parabolic at the end.
Finally Bitcoin made it to the price of $ 60k, which is indeed my target exit price. But even though my target has been achieved, I only sell part of the Bitcoin that I own. Because based on my analysis, it is possible that the Bitcoin price will still go up again. But even if the price of Bitcoin goes down, I will buy Bitcoin again with the money from selling Bitcoin at a price of $ 60k. I predict Bitcoin will go up to $ 75k this month, after which it will correct down to $ 57k. The price of Bitcoin is very volatile this year, but if we do the analysis correctly it can be used to generate profits.
That's what I did long time ago, I had my target exit when it was under 20k, now I am still in, and got in even a bit more, because I believe bitcoin will keep going up long term.I am not afraid of price going down these days, traders should be worried about it because they could sell at the top, buy at the bottom and keep trading if they want to but I am not a trader, I am an investor and I invested into bitcoin and since I am not a good trader I may lose money while trying to trade, so instead I end up with putting money into bitcoin constantly and make that kind of money, this way I know that even if it falls, it will be over 60k one day, and 70k and 100k and even more, it doesn't matter even if we fall to 10k again, I know that 100k will come, this is why trading is a lot easier for me, because this allows me to do just one thing; keep buying bitcoin.
Finally Bitcoin made it to the price of $ 60k, which is indeed my target exit price. But even though my target has been achieved, I only sell part of
the Bitcoin that I own. Because based on my analysis, it is possible that the Bitcoin price will still go up again. But even if the price of Bitcoin goes down,
I will buy Bitcoin again with the money from selling Bitcoin at a price of $ 60k. I predict Bitcoin will go up to $ 75k this month, after which it will
correct down to $ 57k. The price of Bitcoin is very volatile this year, but if we do the analysis correctly it can be used to generate profits.
the Bitcoin that I own. Because based on my analysis, it is possible that the Bitcoin price will still go up again. But even if the price of Bitcoin goes down,
I will buy Bitcoin again with the money from selling Bitcoin at a price of $ 60k. I predict Bitcoin will go up to $ 75k this month, after which it will
correct down to $ 57k. The price of Bitcoin is very volatile this year, but if we do the analysis correctly it can be used to generate profits.
Another all time high with the price reaching around $59,900 and i have no expectation how long this rally will last as i have already booked some profit and now i am waiting for a few months to see how long this rally will last and then take a position on booking my entire profit rather than a valuation in mind as these are uncharted territories and i have placed a stop loss in case the market goes below $40k.
Depending on market movements to sell and buy, i have no intention of selling BTC because the profits from crypto are still increasing steadily. Some plans i have set for myself, maybe sell out when it hits $100K and wait to buy it back.
Instead of guessing where the top might be you should just wait for a huge dump (40-50% from top) and then use Fibs and sell on the 0.50 or 0.618 fib. If you looked for the past 3 bull market tops, using this method would make you sell pretty close to the top.
So if we go to $100K and we get a nasty correction to $50K, then the fibs will be at $75K and $81K. And I think many people will be looking to get out at these levels. Sure you lose out on selling at $100K but it prevented you from selling too early like at $20K late last year. Or at $49.9K thinking $50K wouldn't break.
So if we go to $100K and we get a nasty correction to $50K, then the fibs will be at $75K and $81K. And I think many people will be looking to get out at these levels. Sure you lose out on selling at $100K but it prevented you from selling too early like at $20K late last year. Or at $49.9K thinking $50K wouldn't break.
Not usually one to agree to with waiting out the top and waiting instead for the huge correction that should happen after ATH. Only thing I would say that if we continue to creep up like this, setting new floors every level before setting off again, then I'm not certain there will be enough overheating to create with a massive 50% dump as before.
Interesting nevertheless to see if that is still possible after six figures.
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.
my entry point would be: $59,500 (yes I will buy only if I see that the price broke the resistance of $58000) and would sell if the price reached $ 72000 (if in the case there is a very strong resistance at $ 72000), in this case if I buy at $59500, I'll put Stop - Loss at $57500
I still think it is impossible for the price to fall below $43000, but if it happens I would buy it
Instead of guessing where the top might be you should just wait for a huge dump (40-50% from top) and then use Fibs and sell on the 0.50 or 0.618 fib. If you looked for the past 3 bull market tops, using this method would make you sell pretty close to the top.
So if we go to $100K and we get a nasty correction to $50K, then the fibs will be at $75K and $81K. And I think many people will be looking to get out at these levels. Sure you lose out on selling at $100K but it prevented you from selling too early like at $20K late last year. Or at $49.9K thinking $50K wouldn't break.
So if we go to $100K and we get a nasty correction to $50K, then the fibs will be at $75K and $81K. And I think many people will be looking to get out at these levels. Sure you lose out on selling at $100K but it prevented you from selling too early like at $20K late last year. Or at $49.9K thinking $50K wouldn't break.
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.
I already made my exit last February when the value climb up to 58k and had Bought back when the price drops down to 47k.I think i had enough for this year , or i mean for this quarter and the next.
maybe i will check the opportunity again in the last quarter at least November or December ?
Maybe those opportunity may give us more profit before the fall happens in 2022 .
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It's hard to have an exit just when things are looking good on the price, if you don't need to cash out or there are no good coins for me to invest I prefer to keep my coins in my wallet, I just follow the market for any hint of a shift from bull run to bear market, but even if we are in a bear trend I prefer to keep a portion of my coins in my wallet.
Try to use fibonacci to help you give a hint whether the price is already good for selling your tokens or not. It's better than just trading without any basis for your take profit because you will never sell your token especially when the price is continuously rising even though a reversal might occur.
It's hard to have an exit just when things are looking good on the price, if you don't need to cash out or there are no good coins for me to invest I prefer to keep my coins in my wallet, I just follow the market for any hint of a shift from bull run to bear market, but even if we are in a bear trend I prefer to keep a portion of my coins in my wallet.
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.
Have no particular exit price but i will go on to 100,000$ price within this year alone.i don't care if the value exceed to 110-150k$ but what i want is a 4 folds to my capital and 100k is enough to reach that and actually that is more than the plan.
I know some will disagree but if you are investors and knows how to watch market , you will not take that HODLING forever term because we are here to make money and not for helping Bag holders to gain and gain more because we are stupid enough to Pay attention to that Hold and hold while we can Buy and sell in the right timing .
I don't intend on ever selling bitcoin unless I really need to. I will continue to hodl and spend some of it along the way. The price will continue to climb higher and even if we see a huge drop it will still probably have significant value that it won't bother me too much. I only hope that it becomes more widely adopted so it will be easy and convenient to make purchases with it.
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.
exit price on this bullrun? oh of course I have a target, yup the target is bitcoin at $ 100000, Ethereum is at $ 10000 and Binance is at $ 2000, it doesn't matter if it's not achieved, because these three coins have reached the new ath in 2021, but I still believe bullrun hasn't end, adoption will continue, keep hold if you want a big money come to you haha. 
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.
For me, there's no definite exit price, we are in the bull run and the market is getting better, there's still a lot of great developments ahead, you can sell a small portion and recover it when there is a correction, but it's such a bad idea to sell everything for a profit because we never know what's going to happen and you will have something to regret later.
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.
I would be having a goal of $70k then I'll sell my 30% holdings and take my profit. I won't sell all of it and do an exit, because there might be another chance that the price would rapidly increase in the next few years. That's a good assurance instead of dumping everything or being greedy.
Exit could be classified into two neither that full-scale exit or go all in or having that partial one when you do deal or make trades for shorter duration and since ive been doing
the two stuffs then i do exit out trades when i do hit a specific level with my day trade which particularly talks on near price on what we are seeing now since i do scalp
then actively making these support and resistances line in shorter scale but i do have my bitcoin for long term which are intended to be sell out in one go.
I cant just really afford to sit down and wait up for shooting up on 100k and if you can make trades in active manner without compromising much
about your capital then go ahead and trade.
the two stuffs then i do exit out trades when i do hit a specific level with my day trade which particularly talks on near price on what we are seeing now since i do scalp
then actively making these support and resistances line in shorter scale but i do have my bitcoin for long term which are intended to be sell out in one go.
I cant just really afford to sit down and wait up for shooting up on 100k and if you can make trades in active manner without compromising much
about your capital then go ahead and trade.
exit strategy is for newbies who don't know what bitcoin is and panic sell when they see price fall. everyone else who understands the technology will keep accumulating bitcoin.
Who has an exit price? Just stay in crypto and use it to pay for things that way. It will reach fiat equilibrium faster if everyone does that - as a side benefit, you'll probably make more money since no one has a crystal ball. And fiat equilibrium will probably be an order of magnitude or two from here.
Most of the people who had "exit points" at $1, $10, $30, $100, $1000, $2000, $5000, $10000, and $20000 etc are wishing they hadn't exited in order to buy back lower because no one knows when the bottom is.
Most of the people who had "exit points" at $1, $10, $30, $100, $1000, $2000, $5000, $10000, and $20000 etc are wishing they hadn't exited in order to buy back lower because no one knows when the bottom is.
The problem is that many newbies think Bitcoin is like the stock market and that "exit points" are somehow important. They try to use pseudoscience nonsense like "technical" analysis and Elliott waves in an attempt to time Bitcoin's price, instead of following the advice of more experienced Bitcoiners and simply hodling.
Sigh.
I have an exit point for a small portion of my stash but thats just so I can buy back more in the bear market. Exit is above $100k and when things go parabolic 
I'm sure everyone has a different exit price, at first I targeted my exit price at $ 100k. But after seeing Bitcoin's performance improve, I changed
my exit price to $ 250k and I am optimistic that it will be achieved in 2022. So for now I am more focused on holding, and buy Bitcoin at any price
every month with the extra money I have. So that the amount of Bitcoin that I have continues to increase, so when my exit price is reached,
I can get a very large profit.
my exit price to $ 250k and I am optimistic that it will be achieved in 2022. So for now I am more focused on holding, and buy Bitcoin at any price
every month with the extra money I have. So that the amount of Bitcoin that I have continues to increase, so when my exit price is reached,
I can get a very large profit.
$200,000.00
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.
Why we have to think about the exit? The market won't be becoming dead that we need to do that. If it dumps again by now but surely it recovers back again and it never bothered us who trusted the market, and that is why these people never do the exit nor they are thinking about that but instead, they hold and even to buy more for the future. But in regards to $150k, $200k, and so on...that is far from reality. Not this time and I don't think then.
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, if I have invested a huge number of bitcoin I prefer to hold in a long term and don't think about the small amount of return, if possible, just continue forgetting your wallet for how many years and come back where there is an update of having bull market.IF there is a profit that could ready to take, anytime I will withdraw if I want. Each holder has a target of gaining profit but I suggest not to become greedy at all.
Based on the money,you had invested in it.Some people inverse their money,which may need in future.Some may inverse their money ,which is considered as a long term savings.The second person had a knowledge over trading.You should hold your bitcoin atleast of the period of 6 moths.Thi only help you to earn 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.
I think no real bitcoiner will ever want to sell their bitcoin now, every one of them are just hodling with no plans to sell their bitcoin as long as the price is below $100k, i have seen alot of people who predict the price of bitcoin in the future, about how one bitcoin will be worth $1m and so on, but no matter how long they hodl there might be a price bitcoin will reach and they will be tempted to dump and exist the market, at $100k we might see bitcoiners will existing the market. 
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.
Who has an exit price? Just stay in crypto and use it to pay for things that way. It will reach fiat equilibrium faster if everyone does that - as a side benefit, you'll probably make more money since no one has a crystal ball. And fiat equilibrium will probably be an order of magnitude or two from here.
Most of the people who had "exit points" at $1, $10, $30, $100, $1000, $2000, $5000, $10000, and $20000 etc are wishing they hadn't exited in order to buy back lower because no one knows when the bottom is.
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 $100k, but it's logical to cash out some and re-buy for more BTC in the future.
I like it your way, every increase there will be a decrease. Selling a few small parts to buy again will reduce the risk. Predictions of the increasing price of bitcoin are natural, many important people of the world have believed in digital currency. But I am sure that in a few months the market will experience saturation and fall, after that the Bitcoin price will go back up looking for a new ATH but who knows when it happens. This is the same as the law of demand, bitcoin with a predetermined / fixed supply and the more trusted it is, the demand will increase and the effect will be higher prices. Seeing quite a few predictions here based on log charts that BTC is going to 150k, 200k, 400k, etc. by EOY then crashing 50-90% in '22. If you think the markets are going to follow this pattern a la 2017, then what are your exit points and reentry points? These could always change but I'm interested in what your medium/long-term strategy is to capture most of the anticipated highs of the bull run.
I mean it surely a great thing if you're just gonna hold your bitcoin for now since giant companies are now interested in buying bitcoin meaning bitcoin has a high potential right now to right 100k$ or even surpass it in the coming months a lot of prediction after the correction that it will reach around 80k$ after the last dump and that's what we are expecting, buying bitcoin was more like for long term.
If your already planning to make your exit somewhere around September or October is where it's predicted to right the peak of the market of bitcoin and yes somewhere around 80k$. And I think that already a great exit price since it's always risky investing in cryptocurrency.
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.
Never try to have some perfect execution of making out exits or re-entries since not all technicals would really be giving out precise points but somehow this is much better rather than on making steps without any basis that you do take.Dont rush nor to believe those 150k 200k prices yet those are way too far to consider.This bull run wont
really be running or going like forever, there would be always a huge selling off with those people or companies that had poured up their money in into this market.
Whats my exit price? im an active trader and once i do see some change on making out profits or gains then i do usually sell actively.
If I can sustain my lifestyle and my daily expenses without ever using my bitcoin holdings I will try to accumulate more and not exit unless strictyl necessary.
Maybe I could offload some hundred thousand bits when we reach $100K to be able to say to my kids that I was here since the beginning.
Maybe I could offload some hundred thousand bits when we reach $100K to be able to say to my kids that I was here since the beginning.
exit strategy is for newbies who don't know what bitcoin is and panic sell when they see price fall. everyone else who understands the technology will keep accumulating bitcoin.
as for selling some small amount of bitcoin i may do it when price reaches $400k this year just to celebrate yet another milestone just like when i solda small amount back in 2017 when it reached $10k for celebration.
as for selling some small amount of bitcoin i may do it when price reaches $400k this year just to celebrate yet another milestone just like when i solda small amount back in 2017 when it reached $10k for celebration.
Right now, I don't have any exit points or exit prices because as long as I am seeing a profit I am automatically exit and then buy again once it drops a little. It's very hard to predict the price right now so I am scared to hold it a very long due to the market might down or dump sooner. I am taking for granted the high price now to make some profit although it's very little because it is much better than having a loss, am I right? So today it would be hard to say some exit price and exit points.
Now the bull run is never going to end.It will keep continue with a small gap.Because the price of bitcoin reduced to 47k$ 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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