What do you guys think? Does that sound like a reasonable strategy? Is there anything else I need to consider?
Thanks :-)
YOur strategy sounds good to me. As long as you are satisfied with the result then there will be nothing to add. I may have my own strategy to take profit but each to their own, besides your approach is being careful not to miss the possible surge in price during the Bitcoin rally. Setting a price to sell like the earlier reply stated is also one good approach, the only flaw is that you may miss the possible much higher price when BTC keep on surging after it hits your target selling point.
I would sudjest you HODl 0.5btc and sell 1 btc which you and your wife can buy a house and invest in a regular income generation investment, which you will be aiming small small money so that you won't think of selling your holdings. This reason has made many people sold their investment when they where not even matured. You guys should try not to sell all. A time will come when you will regret selling it at this price now. Just as early adopters did and regretted later. To HODl $1.5btc is not an easy thing which you should know that many people might spent 15 to 20 year to be able accumulate such value keep HODling a little it is to early to see off. Like I said sell some and reserve some in your wallet, btc will set another ATH.
I think there is no need to hold 0.5 BTC because it will be a waste of profit since @OP is planning to DCA again when Bitcoin enters the bear market. If they are able to sell at a profit, that 0.5 BTC can earn more BTC when the price of BTC drops during the bear market. A typical sell high buy low strategy and that is really good.