Hi everyone. Everybody is into trading, maximising profits, finding the best alts and so on. What is your exit strategy if you sense that bubble is about to burst? Some people will change alts to BTC, others will try to save gains by having them in stable coins. What if you plan to buy something from your gains, like a car or a house? What is your plan? Will you just change everything to fiat (which is extremely unstable at these times)? Will you try to make your purchase in crypto? Will you exit crypto to gold to make your purchase and come back when the bubble already burst and prices are lower again? Let’s discuss possibilities and strategies on how to secure your wealth and how to use it wisely.
Buy in the dips. Sell in the Tops. Re-invest 80% profit in BTC. 20% in to alts or “candy”. That’s my strategy.
I also have a question… do you have any thoughts?
in a temporary dip
Got more knowledge and things in the world are accelerating, so now I can’t see myself selling any of BTC. Gonna choose borrowing and using BTC as a collateral instead of selling it for my purchases and losing the best possible money
So far my exit strategy is to convert to stablecoin in an interest earning account as opposed to cashing out in fiat.