This is a fast moving upward spiralling self fulfilling style market where money is chasing a limited supply of a security, which behind it has no intrinsic value and is not actually actively being used to trade goods and services (although it can be and might be in the future, it is not now - I am aware that there are some sellers of real goods but not in the context of a £75m mkt)
So to summarize without run-on sentences:
1.
"The market is trending up" - yes, correct.
2.
"It has no intrinsic value" - you may want to become better educated on what currencies are, and trade in general.
3.
"Not being actively used to trade goods and services",
"no wait, it is - but it is a smaller market compared to " - Please slow down and compose your thoughts when posting. This is a contradictory statement. The size of this burgeoning market really doesn't have much relevance, except when trying to predict future growth.
As for your strategy:
A more concise summary would be:
"I'm selling 25% of my remaining stake at 300% price change intervals."Good luck with that, despite your fears of
"falling to zero", you have no mention of a trailing stop or money management other than what is stated above.