Post
Topic
Board Mining (Altcoins)
Re: What to do in a bear market
by
Metroid
on 06/06/2022, 04:30:20 UTC
... I myself sold 80% of my eth I had at the end of january 2021 at 1500 usd...

I always found it curious why you did this. I know you bought your eth at around $80 so selling at $1500 was a huge profit, but why only target around $100+ above the previous ath from back in 2018? Why didn't you dca out, ie. layer out, say 25% at $1500, 25% at $2500, etc.?

Everything rose too fast, it was insane, eth did not but altcoins rose too much so because altcoins rose too fast a huge crash was imminent, so I sold before that.