.... time to unplug from the digital machine for while.........
Don't do it.
That's me in 2013, 2017 and 2021.
I had a goal set, sell at 100k. That worked out well, not.
I told myself - I'm not greedy so I'll sell at 80k. That worked out just at well.
These are not easy questions or answers.. because the fact that you had a plan to start selling at $80k and above (presumptively not all) and you did not sell prior to that supports the idea that you likely were not quite ready to sell, otherwise you would have set your numbers differently. That does not seem like greedy, even though you seem to be kicking yourself now.. but yeah, maybe you had not set your plan sufficiently adequately to really suit your situation?
I am no longer going to presume that some of you more experienced guys are selling "all" of your bitcoin at those various price thresholds that are sometimes mentioned, but instead that is a starting location to start to sell relatively small portions of your stash.
If we presume that you are largely in BTC accumulation mode, then overall, selling BTC in order to buy back lower does not tend to be a good BTC accumulation practice/approach, even though it does seem to work out ok for some guys some of the time, even though overall it is not a good practice/approach.. prior to reaching certain pre-established/planned thresholds... that's not greedy. that's planning ahead.. and plans can be changed too based on their not being static because each of the individual list of circumstances change with the passage of time, too.. some change less than others, but still they are not completely static. but they are also not just "make shit up so you feel good" malleable, either..
I don't really consider that there is any great accomplishment that comes from being overly rigid, so in that regard, there are likely ways that you can compromise on aspects of your goals..... which presumptively with the passage of time are getting closer and closer and closer, no? maybe not always very tangible, but still getting closer with the passage of time... (and maybe some set backs and/or mistakes from time to time too) .. So, what I am getting at is that sometimes the status of the goals can be reassessed along the way and there could be justifications to be taking smaller levels of profits along the way that you would not consider to be really your primary profit taking but just a kind of baby profit taking that is insurance.and shaving off some risk and engaging in some reasonable/prudent risk management.. but you would not necessarily be selling so much BTC that it is really going to make you upset if you don't end up being able to buy back at a lower price and the BTC price just kept going up at the sales point.. so there would end up being a kind of tensions in your practices/approach because if you are largely still considering ur lil selfie in BTC accumulation mode, then you would continue to DCA along the way because you have not gotten close to your accumulation goal, but at the same time you take some profits to just have available for buying on the dips that may or may not end up happening...
So still part of the overall assessment still comes to figuring out your various ways of measuring where you are at, and the BIG goal might be considering that the reaching of fuck you status gives you a certain change in your strategy, but then might it not be practical to have moderated strategies if you have reached 33% of your fuck you status or 50% of your fuck you status or even 80% of your fuck you status.. There would likely develop greater levels of liberty in terms of how to manage your BTC stash as you get to these numbers that reflect how close you assess that you are to your own fuck you status.
There are various other ways of framing the matter too, and maybe I am assuming that a lot of the dilemma comes to a lot of members here (even some seemingly more senior members here) because they still perceive themselves to mostly if not completely to still be in BTC accumulation stages, and so I perceive that some of further clarity can come from graduating into maintenance stage, and then of course, getting into liquidation stage should make these matters even easier.. even though I suppose that there are frequently going to be some tensions in regards to BTC prices moving a lot that can thereafter cause some confusion and disorientation about what to do in response to the seemingly higher than normal volatility..( ie a lot of BTC price movement to the downside or to the upside)..
I am starting to feel like I might be getting into a kind of unproductive wall of text territory that is not even necessarily addressing any issue that any other member might have directly or implicitly raised.. and of course, I have addressed several aspects of many of these other ways of assessing the matter in other places on the forum, so it causes me to speculate that if I am not addressing any pending question of any other member but still considering that part of the dilemma regarding not having had sold enough on the way up has to do with largely being in BTC accumulation status, and I am also not addressing any reframing of these issues need that I have, then no need to 'splain my lil selfie more than I already have... hahahahaha
the noon wall report
all fairly bullish signals observed on the main timeframes...with probable continuation as the weekly candle battles into positive territory today. Some options expire at closing bell...expected increasing volatility into next week.
dyor
4h

D

W

stronghands
Lookie uie pooie .. coming in with the cool and collected pastels..
mixing it up a wee bit, no?
