Sell your crypto when it's right for you!
By - fuzzytradr
Always have a good exit strategy
Exit strategy is one of the most important things in investing that no one really thinks about.
Agreed, I feel every educational medium focuses mostly on entry strategoes and hardly cover exit goals.
Absolutely. And as has been said many times before in this sub, ideally DCA up and DCA down. Recoup your investment and the rest is gravy.
Really hard to sell my coins :/
I can t sell. My wife would spend all my gains in a week. I m a forced hodler.😅
I am selling everything soon. My wife wants a new kitchen. Time to learn how to see moons
I enjoy seeing these posts on here. I can say I became a better and wiser investor when I got over the hump of never taking profits.
Same here. I honestly embraced a pure and strict hodl mindset for years. I seriously regretted during that time not at least taken out my initial investment. We live and we learn, friend. I'm definitely a work in progress!
It felt really good to cash out some a few months ago for a Mexico vacation. It’ll feel even better when I cash some out before Q1-2022 to pay off a credit card that has been hanging over my head for a couple of years now.
I am always buying too much and selling when I don't want to.
I've battled with myself many times over this same scenario time and again!
Def haven’t amassed life-changing money yet
I agree 100%, Nice post btw. I honestly buy and sell. Take my gains when I want. I’m not a big crypto holder.
This is the way.
This is just the perfect post.... It's yours, do what's good for you following your time frame...
For me, I have a big eyes and rather than withdraw regularly, I'll stake to earn more, which is why I've taken moonstake to be a home, a sj can easily stake and earn seeing that it's the Biggest staking Validator around.
Exactly. I've struggled with this myself. Definitely helps to write it out and talk it out with the community.
My exit strategy is exit the US to a tax haven first.
Sorry sir I don't understand
I could not find this "sell" terminology in the crypto 101 dictionary, I swear I must've looked a 100 times!
As a fellow redditor, my vocabulary is also limited to HODL and TO THE MOON.
Yep. "When it's right for me" is when I can build my own house purely from the profits.
Woah, that's a dream come true to me.
Couldn't agree more, have your own plan and don't let anyone else tell you what to do. *This is financial advice*
Never feel bad about taking profits. It’s your life, and it’s solely your decision.
Wen sell ser
What is sell?
My right time would be 10 years from now since I just got in
I'll sell low and buy high thanks
It’ll never be right for me to sell
I am staking a ratio to hedge against leverage short term loss takers to institutions.