I have been thinking pretty hard on this. I have price targets and times in mind for selling. If we hit those levels, I would like to dump 1/2 (if things go good) or 1/4 of the bag if things go better and get totally out of debt and buy a nice piece of property for me and my family. I plan on holding some for my grandkids too (hence the quarter or half sell (depending on how good we do this run).
To get out too early is to miss out on more... but getting what you want out of it is also very important. This is a very important article for people with bitcoin fever. Think about what you want and where things need to go to achieve that. We don't want to sink with our bags and have to wait again 4 years. Have a plan.
I got into this in early 2017 and got totally blindsided by the top and the decline. I thought it was going to rebound and it didn't. I held on too long.
This time it is a slow exit at certain levels / times (I'm thinking we are growing for a bit yet) to make sure I am better off at the top.
Thanks for this important thought experiment for people.
RE: Just one moon more