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When is the peak of a bullrun reached for you? And when do you plan to sell?

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by COINS NEWS 71 Views

I have started DCAing a while ago and plan to do so until somewhere between end of 2024 and mid 2025

I chose this timeframe as I think markets will peak around 6-12 months after the next btc halving. Next halving should be around

Adding calc here instead of actual date etc. as it may change over time:

At 840'000 blocks the next halving takes place. Take that number minus the current current block and then divide by 144 blocks which are approx. mined per day to get how many days are left till halving.

Of course that's all specullation with those 6-12months but still it gives me some kind of timeline which I need (want to stick to a plan and don't take emotional decisions).

I got my time frame on the horizon but I have no chance to actually time the market. That means I need some indicator which helps me to understand when to actually sell. There are many numbers I could take but I decided to do it differently.

I don't talk about crypto with a lot of people - there are only 2 friends of mine with which I exchange 1,2 word here and there if something special happens. I also don't talk to my family or co-workers about it.

During the last bullrun I noticed that there are some people around me that usually start talking about topics once they reach their ath. Crypto, NFTs, Stockmarket. But also colletibles, "new technology" or other opportunities. I noticed that it's usually the same people and understood once those people start talking about something it's at its peak and will tank. They are usually the first "ahead" of the time everyone starts talking about something but late for being"early". That's why my indicator has been set to a list of 5 of those people. Once 3/5 will start talking about crypto during the next bullrun I will cash out.

What do you guys think about this? Do you also know such people?

submitted by /u/Salibih
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