Re: Crypto Veterans and Legendaries: Need Advice on my Bitcoin Strategy
Last and Final Update for 2022/2023:
Today is November 23rd, 2022
I converted my wrapped bitcoins to proper bitcoins and put it in cold storage. I have my make it stack right now. This is almost 85% of my portfolio.
15% of the remaining stash I am gambling on a low marketcap coin. rCC Moons. Not sure if this is a good idea. Not sure if this gamble will pay off.
I am done with crypto. No more trading for this year and the next.
I will become active again in the year 2024 2 months before the halving. Might make a few trades then (less than 4 per year).
Will finally quit crypto permanently by selling at the top in 2025 if there is a bull run again.
Today is November 23rd, 2022
I converted my wrapped bitcoins to proper bitcoins and put it in cold storage. I have my make it stack right now. This is almost 85% of my portfolio.
15% of the remaining stash I am gambling on a low marketcap coin. rCC Moons. Not sure if this is a good idea. Not sure if this gamble will pay off.
I am done with crypto. No more trading for this year and the next.
I will become active again in the year 2024 2 months before the halving. Might make a few trades then (less than 4 per year).
Will finally quit crypto permanently by selling at the top in 2025 if there is a bull run again.
15% of the remaining stash I am gambling on a low marketcap coin. rCC Moons. Not sure if this is a good idea. Not sure if this gamble will pay off.
The gamble paid off really well!
rCC Moons went 400% up in profit! I sold all my reddit moons to USDC. Today is July 26th. Bitcoin is $29194.
I am not going to sell Bitcoin like I thought earlier.. I will keep HODLING it. If it crashes.. I will convert the USDC to even more BTC.
I am also waiting for Bitcoin Ethereum Ratio to cross 30. Then I will convert BTC to Ethereum..
For now.. I will not trade anything.. I will wait till 3 months before halving before deciding on any major trade. i.e Feb 2024