Post
Topic
Board Altcoin Discussion
Re: Please share your EXIT strategy...
by
Omega Weapon
on 03/10/2017, 03:01:56 UTC
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?

I've kept my assets 100% crypto for the most part.  I have been wary of linking bank accounts and paypal to anything I do that is Crypto-related.  To that end I have just switched back and forth from CoinX to BTC when needed.  This is changing though because staking coins are going to be a large part of the future of Crypto and I am accumulating good staking coins and at some point  I will redirect the stakes into BTC or some other coin. 
Correct, unless I was a early investor and had thousands of coins I will not be planning my exist strategy at this time, since I still do not have a lot of bitcoin I’m in my hoarder stage, where every single satoshi is being saved for the future, once I get enough I may spend a little but I’m only going to sell once I got enough bitcoin to change my life.