Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 30/07/2020, 18:27:16 UTC
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

3 day RSI above 85 -> sell a bit.

Buy back lower.

Repeat.

Easy.

Easy for some, hard for most

I have been through the bull/bear cycles multiple times by now and it has always been extremely difficult in the moment when the price is going bonkers to keep sane and make the right decision. In the past I have mostly always decided to not sell any significant amount. This time I will try to time a percentage exit to fiat required to initiate the next phase of my life. I have compiled a long list of top indicators published by well informed members in the Bitcoin space over the last couple years. Hoping I have enough information on hand this time to time some sell orders without looking back with regret. Going to be tough. More tough than all the bear markets combined. 

Hopefully, you can let us know how some of this goes for you, whether while you are carrying out your various sales or after the fact.

I understand that sometimes some forum members do not want to share too many of their buy/sell point specific details because it could screw up their plan if others end up front-running their various buy/sell BTC price points in the even their plan gets too much publicity or further adoption.