It will be extremely difficult not to sell too early if this happens. I’m still expecting the peak to be in October, so if we are so high so early it will be hard to not start selling. The more and more I see how much buying is on the way, the more I think we could be looking at $500K next year. That will be hard to hold up to.
Yet another virtue of the laddered standing order strategy. It imposes its own discipline.
Because I have a source of btc income from mining. I can set ladder up sales.
as long as I sell less btc than the mine sends back to me. I gain in fiat and I gain in btc.
I am set for it as I type.
I still incur risk (mine could be stolen) (gear could break)
I laddered from 70k to 101K.
I now have enough fiat to pay all mining power costs until August contract ends.
I have spare fiat for other costs.
Yesterday I earned about 0.00045792 btc on one pool and more on another pool.
This above is 0.167 btc in a years time.
The other earnings I won't reveal for Opsec.
my next sell ladder covers
105,105
110,110
119,119
125,125
129,129
133,133
138,138
142,142
even if that sells out my 2 mines earnings will have more to sell.
it is not perfect but I am at least somewhat comfortable at the moment.