Thursday, July 22, 2021

What is your sell strategy?

I know, I said the ‘s’ word which around here is nothing short of treason! But I’m more interested if you have a number you would be satisfied with to sell, or will you blindly hold for the next 30 years?

If Bitcoin hit 150k in 8 months would you sell? Or would you continue to ride that rocket ship up until it inevitably comes crashing down again? Are you saving for a home, to pay off loans, to retire early? Is there a specific amount that would get you out or have you not thought that far?

We are bound to go through higher highs and devastating crashes over the next 10 years and it’s important to have a strategy in mind that you will stick to when those events start to happen. Curious how other people are thinking about this?


No comments:

Post a Comment