I am new and jumped all in...what I lack is exit strategy.
Not a full EXIT but to secure some of your "gains" to real earnings. OR...where/how to convert to cash when you expect a major dive so you can re-purchase when it is low.
Anyone have good tips when and how you do it?
My exit strategy is to not get out until bitcoin is accepted everywhere and no one makes a big deal out of it, at that point bitcoin will be very valuable and I hope to have a good amount of bitcoin saved already, if that is true then I will buy some properties and rent them and I will retire immediately, since there are a lot more things to do in the world than working to earn money.
Yeah ! Definitely ! keep your BTC untill they go mainstream and be accepted everywhere. Their value will be huge and so your buying power !
Don't sell or trade on a short term basis. Hold, hold and hold ! That is my strategy !