Post
Topic
Board Trading Discussion
Re: Do you have a Bitcoin exit strategy?
by
Lanatsa
on 04/10/2021, 23:57:22 UTC
@jrrsparkles I agree with this strategy. Even I prefer selling at the peak as the best option for a bitcoin exit plan.
It's much better to have selling points than to exit. As long as you've got a hold of bitcoin and it's market value keeps on increasing. There's no point in exiting.

You can compare this if you've thought of this for the past years and you've sold at a said high of $1000 or even $100 when its price was cheaper before.

Then looking at the present, you just made a bad decision for having an exit.
Totally different when you do talk about exit and selling points which I do really agree because you could really take advantage and make profits in short time if you do wanted to.

Always have a strategy on when to get out and when to get in and make yourself sustainable.Do all sorts of things as long it would be beneficial for you.

It is just normal that you should have a goal at least unless if you are a long term holder then its up to your choice.