Post
Topic
Board Bitcoin Discussion
Re: BTC profit taking strategies?
by
CODE200
on 05/04/2024, 03:50:54 UTC
What do you guys think? Does that sound like a reasonable strategy? Is there anything else I need to consider?
It's a good and reasonable strategy, that way you're not missing out in the case that bitcoin continues to pump, what day of the week would you be selling though? That can be a problem if you plan to sell on weekends, and if you've got a day set in a week, I suggest that you don't do that and be flexible, see what day of the week you're going to need the money the most or compare that to the last week that you've sold your 0.01, that way you can see whether you're selling for more profit or not. Given the strategy that you've laid out, I don't think that there's not a lot of things you need to consider, you said that it's a reverse of DCA, you got to just do it like how you do it with DCA.