Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

If you thought holding was hard over the past few years, just wait until the #Bitcoin price is ascending relentlessly, instigating you to sell down your stack.

*Develop a strategy now and do not deviate*

Strong-handedness is more critical in bull markets than bear markets.

https://twitter.com/breedlove22/status/1288682370090950657?s=21

Wisdom.

During bear markets we tend to accumulate as much as we possibly can but, as you said, during bull markets we could capitulate due to too much excitement. Having a strategy allows us to be more confident all the way up.

Again, Dude, this is wisdom!

Talking of strategies to sell some, what are strategies being planned by others here?

DCA over a couple weeks with start of first sell triggered by target price, technical indicator in combination with date
BTC backed loans to carry you to the next bull peak. Pay back when BTC rate improves.
Selling put options. Hedge to not miss the top, but can be costly when the bull gets going.
Do you sell to USDT or some other fiat linked coin?
Where do you invest/save your new stack of fiat in the current economy?

I will not sell most of my reserves under any circumstances. The only thing I see myself diversifying into if it is appropriate is real estate.