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Let’s talk exit strategies/ profit extraction!

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by COINS NEWS 32 Views

For those of us that are looking to take profits in this bull run, what’s your strategy.

Last bull run, I had been hodling ETH from $200 and sold at the new ath of $2000 and bought a boat. This time around I’m in escrow on a piece of land in the Caribbean and will need every dollar possible to build out and shape the property into a living space.

This time around I am definitely waiting until new ATHs. I have an arbitrary number of $6000 ETH in my head before selling. This is based on absolutely nothing but my gut after being in crypto since BTC was $200(but using it for purchases).

My thought process is that if it hits ATHs and keeps going, to wait for the initial pull back. If the pullback happens right at ATHs, to set a sell limit as to not get greedy and ride the gains right back to where we’re at now.

Let’s hear some strategies!!! (Not financial advice)

submitted by /u/HeroForTheBeero
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