Anyways, the strategy I'm considering is something like, when BTC crosses $100K CAD, (it's currently at $83K CAD) I plan on selling 0.01 BTC per week. Kind of like DCA but in reverse. Then possibly increasing that amount alongside BTC value, so if it crosses $125K, sell 0.0125 BTC per week, 0.015 per week at $150K, etc.
Instead of selling 0.01BTC per week, why not sell them all when it reaches your target price?
In fact, you actually know the volatility of the market and its unpredictable price. What if the price will no longer move higher over $100k and it drops again, are you gonna hold or sell?
If you BTC OP at $60k last bull season, even selling them at $100k or $90k is already a huge profit. I don't think it ever satisfies you. Remember, greediness was not bad but if there is too much greediness, that is not right anymore.
- it should be planned well and make decisions that we never have to regret. If your strategy is working effectively, then stay with it.