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As a crypto investor that desire to make huge profit through Cryptocurrency, there is 100% need to know what exit plan is and how to effect it appropriately. I know most of us are not too experience in the Crypto line and it is best to learn from those with this experiencial knowledge.

To all experienced Bitcoin investors, kindly share your experience with us, let's learn and become expose to the reality and strategy before the next bull run. This is another means to help young investors like us.
What are your exit plan and what exit plan have you used that work well for you.

I am not an investor but if you want other people to share their exit plan, I think you should also share yours as I think there are some people who doesn't know what exit plan is when they are doing it (newbie investors if I am not wront). I don't know if I am correct that some investors especially new ones doesn't know about it (my guess is because they doesn't have good knowledge about investing yet) because they are new and guidance from experts would be great for them. If you are a young investors then it would be helpful and much easier for experts to know of your exit plan is good or not.

The exit plan is when you already made a profit if you force yourself to maximize the profit that is greed that can turn your profit into a negative.
Better learn both technical and fundamental analysis it will help you to predict when to buy and exit and take note DCA also works when there is huge bad news like what happens to two exchanges about sec and exit when the price touch to $31k you can notice this by reading the 14days chart.

If you want to learn about FA and TA check this source "Awesome Crypto Trading (https://github.com/SpiralDevelopment/Awesome-Crypto-Trading)" You can also find most of the tools that you can use to analyze the market.

Not sure if you know what they call human greed when it comes to money, but sorry to disappoint you, most humans don't have any exit plan even when have everything or when they know that they won't live forever. I mean, let's take live examples. Elon Musk, Warren Buffett, Jeff Bezos or Bill Gates, do they look like people who have already executed their exit plan despite having Billions of dollars we can only dream of?  ;D

Check out this thread - https://bitcointalk.org/index.php?topic=345065.0
It is a sane and simple savings plan which also covers the important point of how to sell.

It is a savings plan, not an exit plan. I don't think anyone who is really into Bitcoin at this point plans to completely exit in the distant future.

Just make it simple. Dollar Cost Averaging on selling is my plan.
Simplifying every thing for me gives me lesser stress. After all, that plan is working both on buying, and on selling.

How? Just put a target selling price where you are contented enough to sell all or a percentage of your holdings once it reaches that price. For me, my initial selling prices are $70,000, $85,000, and $100,000 for Bitcoin. I think I'll be contented enough to sell my holdings once it reaches that price. Of course I will keep some Bitcoins as well for long term, but once the bull run starts, I will be patiently waiting for that price to be reached the I will sell.

I know we have different strategies when it comes to investing in cryptocurrency, but I have other plans that's why I plan to sell it during the bull run a few years from now (maybe). I still didn't use that plan that I shared, but I know that it will work for me because after all, when it comes to selling, as long as you're good with the profits that you have then there's nothing wrong with it. :)

The exit plan that worked for me was to set a target to sell my coins. Initially, I missed many market pumps because of my greed for more profit.  As a result, I lost a handsome amount of money, and a few coins were even wiped out from the market.
So, it is important to learn some technical and analytical skills for earning good profit.

My exit plan, if we can call it that, is partial. In the same way that I continue to accumulate bitcoin little by little, in the next cycle I will sell part of what I have when we are in the middle of the bull market, beyond $100,000. Even if I had accumulated an amount of bitcoin that I considered sufficient and did not want to buy more, I would sell small parts of my stash at certain times and keep the rest, as I expect bitcoin to continue to rise in value for a long time.

The exit plan is one of the main strategies for investing in Bitcoin or other Cryptocurrencies to achieve planned profits. Technical analysis is needed as the main weapon that can help investors understand chart analysis and quantitative trading indicators, price movements and trading volumes need to be used to measure market momentum and asset price volatility so that they can quickly make decisions when entry signals and exit signals appear. You can change long-term investment strategies into short-term after understanding chart analysis, when the profit you get meets the desired needs, you can safely exit at any time, then you can enter again when the market drops.

From my understanding of your post, you are asking when to book profit or harvest holding. right if that's the case then i recently shared my experience with a member (OP) who created the same topic but in a different way.

• What is the best opportunity to harvest your hodl results? (https://bitcointalk.org/index.php?topic=5458130.msg62489291#msg62489291)

i hope this might help you, but let me share my idea here too, which is exit plan depends on the sensitivity of the market's sentiments like if you are holding BT for like from 2022 and wants to sell your holding now or maybe when BTC will reach $35k or $40k, instead of waiting for more like about 1.2 or 2 years for the next bull run.

where you could book more profit because you had bought the BTC when it was below $20k. So the profit ratio will be more. All you need is a better understanding of the market so the exit plan now is a dumb move to bear the pain so exit plan mostly are case sensitive.

This depends on each individual and may continue and even leave. If you are comfortable and have profit in investing here, I think why go out. However, if there are reasons that are urgently important or because there are other work contractual ties that cannot be avoided and require serious monitoring, I think it is reasonable to leave temporarily. There is always an opportunity for sure in this room.

One of the most important things in trading is having an exit plan, most beginner trading straight up investing in cryptocurrency without knowing the importance of having an exit plan for your trade. When buying cryptocurrency your gonna need to always set your target, I mean if you're just going to buy/invest in it and then just let it rest for years you're probably going to earn at some point but you don't utilize the cycle of the market and maximize your profit on your trading. Also, it wasn't easy to see your investment drop at some point, so it always best thing to take profit every time you're going to have the opportunity, you could have some predictions thinking that it might reach a certain price but always remember to set your price and know which to take profit because getting greedy could just make you lose money in the end. The best thing to do is just to buy every time you have the opportunity or something like dollar cost average is a good start.

There was no point on investing if you're not going to sell in the end if you just want to HODL your investment forever that would not make sense, unless your already have a lot of money that could sustain you or buy whatever you want, your just investing for the future of your sons or family.

Buy low sell high. This is the typical idea for an exit plan. That means you just buy a token or coin at certain level hold it for a while and sell either its 2x 3x 10x or more. Depends on your level of apetite. This is quite risky, especially if you are a newbie however, a medium tier risk taker could gain a lot as long as you arent greedy or willing to risk some of your money. Dont be so confident, it could also weigh a loss on your end but thats on you to take in.

The problem is that those who have experience are reluctant to share it with others, especially beginners. Why should they do it? To multiply competitors? All information that relates to earnings, profits and benefits, no one will ever disclose. Therefore, working schemes always remain hidden from prying ears. This applies not only to investing, but also to various professional subtleties. No self-respecting specialist will reveal the specifics and nuances of his profession to others, because this is primarily a source of his income. This is possible only in relation to the heirs.

So, dear friend, you will have to study, search, try strategies for the next bull run and gain your own experience. There is another point. There are no universal strategies of behavior either, and therefore, working schemes for some will be completely useless for others. Look for your path.

Those tips that will be voiced to you will be of a general nature and will not contain really valuable information.

There are different types of exit plans. Some might attach their investment to a particular project. Maybe someone might be investing because he wants to buy a house. Immediately the price of the coin gets to the price that can enable him to buy the property, he would sell it without considering how high it will go in the future.

Another strategy could be that the investor will wait for the completion of an investment circle. An example is the four years halving period of Bitcoin. One can buy and expect to sell at the end of a circle.

Investors can also choose to exit the market based on returns. One can target a particular profit margin and sell off immediately it gets to the price. Such investors don't care if the price goes high or down after selling.

My plan is a hybrid of the three exit plans. I have attached a project to my investment, If need be I will gladly wait for the halving season and if it gets to a certain price before the halving period, I might consider selling.

I admire your exit plan and its unique. It is a refined version of my exit plan. I had always decided that immediately there is a new ATH, I'll exit the market and wait for another cycle. But I recieved an advice from the trading board which suggested that I shouldn't exit the market immediately there is ATH.
This is because the market may keep trending upwards and I will simply die in regrets.

The adviser said I should exit the market in percentages, let's say at 70k I withdrawal 30%, and 80k, I withdraw 50% and then I can exit finally at 100k.
This is exactly what you have said here.

If you believe that this market is still young then there's no exit plan but that doesn't mean that you won't take profit, so distinguish those two things. Because if you're looking at the market and you're very optimistic that you're one of the many that shall benefit on it in the long run, you won't think of an exit plan but maybe for many bitcoin holders, a $500k-$1M worth of Bitcoin is the exit plan and that's when many are going to sell bunch of their Bitcoins. But as of now, there's really no exit plan. Take profits when you're ready and happy but do not forget to accumulate when you see some good entry prices and you've got money to spend.

The figures that you've mentioned are an exception though, I disagree with your implied thought that humans are greedy by nature because that can't be true, a perfect analogy for this is a circus elephant, just because you see it doing tricks doesn't mean that it's nature is to do it's tricks. We are a product of our environment, we are surrounded by sin so our mindset is leaning towards sin. I do agree that a lot of people don't have an exit plan, trading is addictive especially if you're winning so going out of the game seems kind of irrational that you don't think about it anymore and then you start experiencing losses that you don't know what to do anymore because you didn't think about any exit strategy.

I think it's more better and save to look before leaping, you're not expected to make investment with some cryptocurrencies if you have not taken your time to investigate well on them and be well satisfied on the results gotten from your findings because before one could use the exit plan the crypto project would have gone down completely to a no return zone, they don't notify before and after having serious issues that would have led to their complete fall and take away all investors asset together with them to downhills.


Buy the dip, hodl and sell, have enough time to invest using DCA to avoid high lost in times of bear market, make use of a decentralized wallet to hodl your bitcoin, learn about bitcoin investment strategies and get used to them, do not invest on other cryptocurrencies than bitcoin as a beginner except you're knowledgeable enough about other cryptocurrencies.

Even those that have an exit plan hesitate once Bitcoin reaches a new all-time high, they always want more and are not satisfied with what they have presently, this has happened to many people in the crypto space before and only those that learned from the lesson will be able to take actions when their ROI keeps growing and growing.

I plan to start taking profits once Bitcoin gets over the past ATH of 69k of 2021, and for my alt bags I will watch the dominance of Bitcoin, it has to start falling before I will start selling my altcoins one after the other, and it's not something I will rush to do, because some people also sold too early in 2021, you accumulate from time to time right? You should take profits from time to time too.

I think that every investor has a certain price target for when he will take profits. But for all Bitcoin lovers, the exit from investments will certainly not be the last and complete. I can say about myself that I can periodically withdraw a certain amount if the need suddenly arises, but after that, I will buy more if possible so as not to remain at a complete zero.

Are you trying to imply that greed is something artificially ingrained into humans? If yes, then you are totally wrong. Greed is a trait just like being a cheat or a dishonest person. The only difference is that in this case it's greed towards money and not food or power, and the more people make money, the more greedy they become towards it. It's the bitter truth.

If one was to ever get satisfied with what they have made, then we wouldn't have 50-year-old Billionaires who by our standards have ultimately made it in life still trying to make more money, and yet they barely have 30 years left to live.

What's exit plan? if you're a Bitcoin investor, you wouldn't exit in this space because you're invest for long term purpose and even though Bitcoin price already hit your goals, you shouldn't sell all of your coins as the price could go more higher and higher.

Bitcoin maximalists might would never exit because they trust most of their wealth in Bitcoin. Bitcoin is one of the most unique to store a wealth rather than the other thing that related with centralization.

It's good to know that you are concerned about your exit plan because it is one of the biggest mistakes I have done in my crypto journey.
One should definitely have an exit strategy and keep selling to buy back later and increase the portfolio size.
I didn't had an exit plan in my mind and this made me lose 2 big opportunities to make a great profit.
I have seen 2 bull cycles yet I didn't sell anything but this time I do have a plan and will make sure to take profits consistantly.

That's one way to approach the gentle enquiry from a curious fellow but I think, the user is asking because he or she doesn't know and wishes to know.
Even still like nakamura12, the OP wasn't very specific on what he or she meant by an exist strategy. If the term was defined, there wouldn't be much complications understanding but as it is,

What I can deduce is that, your taking about the moment when you feel is right to take profit on your investment or while doing some active spot trading.

As a trader, you've got to have a trading plan and that should be enough go define the point at which, you leave the market either on profit or lose.

I like to do 70% – 90% off the table once I get into appreciable profit. I use this pattern of taking when I know it's not just a pump and dump project and I know the market is in a bull rally. It's a gradual process for me like starting with 30% first and then I continue as price progresses. My reason being that even if price continues upward after I take first profit I won't loss out completely and if it dumps too I won't loss out completely. Yes, I know the human nature and greed when the market is in a bull rally and the temptation to allow trade roll on. Meandering through all that should form trading and investment experiences of veterans and they shouldn't yield to greed based on that.

The most effective exit plan is to control your Greed. When you have your desired profit and market is too greedy then it's the perfect time to exit from the market and then should wait for the perfect entry point again.

Actually exit point is defined differently among the long term investors and the short term investors. So you have to choose your definition as what you want. If you want to maximize your profit then enter in bear market and exit at the peak point when you observe that market is pumping blindly and there should be a correction. So a little learning about analysis should have to make your own exit point. Hope you got it.

First of all, it's bitcoin ONLY. Stay away from shitcoins.

Second, the best strategy is to stay humble, stack sats, and save them for at least 5 years for a short-term hold, 10 years for a mid-term hold, and decades for a long-term hold.

If you are able to save some bitcoin to pass along to some loved ones who will come after you, then you stand to set them up for a future that is so prosperous, that you might be able to build them the foundation for a legacy of freedom that will last generations.

My typical exit plan is to slowly sell my holdings once a historical wall or new all time high is already reach and failed to move further above it. Unload slowly when you are in profit so that you can guarantee profit no matter what’s the next movement of the price. Don’t be greedy on holding because selling on profit while the price keep increasing is still better than selling your token on low price at loss.

Sell when everyone is buying and buy when everyone selling. Just focus on your main target which is being in profit and not to ride every pump in crypto because that’s a very hard goal to follow.

I don't have an exit plan, I thought I did initially but at the rate at which I'm investing money into Bitcoin, I don't think I can ever execute any exit plan of selling all my bitcoin and exiting the market. I'm in for the long ride, I want to be in Bitcoin until the very end like when all the minable coins has been exhausted and then continue being in Bitcoin probably until I die and pass it on to my children by giving them access to my private key through a will by my trusted lawyer. I don't just see myself doing something else that has nothing to do with Bitcoin or the crypto industry. I want to have most of my wealth in Bitcoin and can occasions sell some to take care of things when there isn't spendable money from my other assets or businesses.

When I say I don't have an exit plan I mean I don't intend selling all my bitcoin holding. But it doesn't mean if I need money I won't sell some Bitcoin to generate that money that I needed. I know it isn't wise to have all your investment in one assets but what's there to trust another investment when they aren't as perfect as Bitcoin is. Other investment aren't as satisfactory as investing in Bitcoin but they're controllable by the government. There's a saying contradict the popular saying of not putting all your eggs in one basket and that's the code I want to live by.

There is no one-size-fits-all approach when it comes to holding Bitcoin. Several Bitcoin investors have held onto their Bitcoin for over a decade and continue to hold it, even as I write this. The reason behind their decision is that they have no intention of selling any portion of their Bitcoin holdings. On the other hand, some investors sold their Bitcoin when they achieved their desired target. Whether or not you should sell your Bitcoin is a question that only you can answer. It is not something that another person should advise you on. It is your investment, and it is your responsibility to decide when to sell based on your satisfaction with the profit.

Let's say for example, you bought a full Bitcoin some months back around November last year and you bought when the price declined to $15k, you should have roughly a 50% profit by now, some people will sell at this point and some might wait until a new ATH has been broken, you should know when you are satisfied when you have had enough.

You’re on point mate. The truth is the term exit plan only exist in the books because in reality when an investor is on the peak of making profits, he will never perform an exit plan but will continue to invest instead and  long for bigger profits. As man has no satisfaction because of its greed and desires, then expect that a regular investor will never resort into an exit plan as long as he’s still capable for bigger profits.

Be patient and don't keep pushing. The exit plan is quite simple using the dollar cost averaging method and it's a very basic strategy in measuring and analyzing basic technicals behind many other strategies that most great investors might do.
The market is preparing for a fortress run as the current developments are starting to look good enough to continue to hold on to the assets already in the portfolio, if the current budget is enough to buy then this is still a good opportunity to add to the portfolio.

I think you mean a savings plan. In my understanding, this is when you accumulate a certain amount of cryptocurrencies or stable coins and can live on them without ever working again. It means to live on interest from them. And there are plenty of ways to make money from large sums: all of them, even if not very profitable, are very reliable, which is very important for large amounts. Such types of earnings can be considered, for example, in the Binance earn.

I would not totally say an exit plan because the fact that I can still see opportunities to make profits by buying low and selling high right after I made my prior profits, then most likely I will just stay in the market and continue to maximize my portfolio with bitcoin investment. I guess a lot of investors will prefer doing that than just leave the market instantly when it’s not in good shape anymore.

Once you have invested in Bitcoin, you must consider when to start selling your Bitcoins. So far, I've been trying to sell my Bitcoin at the highest price and did it at the ATH price yesterday. And after that, I'm trying to buy some more Bitcoin with that profit, use it, and keep the rest for my life.

And before the next increase arrives, you can still do DCA, namely buying Bitcoin regularly to have lots of Bitcoin. And when the Bitcoin price increases sharply this year, next year, or even in the next 2 years, you are ready to sell it at the new ATH price. But you must understand that holding Bitcoin will never be easy because negative news can make you panic.

So you have to prepare the way out you want and never follow other people's advice if you don't fully understand it. You better set yourself up based on your analysis so you will feel satisfied with your decision.

I made some profit with Bitcoin during the bull run (2021), and the truth is that I sold all my Bitcoin quite early, even before it got to ATH. The lesson learned is that it's not very wise to sell everything you have when the price of Bitcoin is uptrending during the bull market unless you have a target price that you have already planned to sell off, but even if you have that target price, it's good if you still hold some Bitcoin, so that if the price sees more uptrend, you would still have what to sell and make more profit.



Cheers 🥂, Dr.Bitcoin_Strange 👺👺

I don't plan to get out of investing in bitcoin but I always have a sell target for the next one and I will take some profit of course it won't sell all holdings but at least when ATH comes back I plan to sell 80% and when the bitcoin price is corrected again and it's normal this often happens after ATH, so I started accumulating from low prices, of course, buying on a defensive basis or using the DCA method.

Actually I am not an experienced investor, but here is my sharing.
The exit plan in this case is forever or is it just one strategy in a certain cycle or season? If it's forever, I think I don't expect this because to be honest I've fallen in love with crypto and hope that I will continue to be in the crypto business which is increasingly worth it This. However, if what is meant is an exit plan in certain situations in crypto investment, it seems that I have a bit of that that is included in my strategy. One of them is to continue holding certain cryptos, especially Bitcoin for a while, until finally I find the target price that I want. Usually, there will be several signs in a certain era, in this case a bullish era, where the target price that we expect is likely to be appropriate or not. Therefore we need to focus and analyze at that moment. And when it reaches the price (either all in or through several price targets), then I will take profits from my investment. Because I learned from the past during the bullish era, I was too greedy so I hoped that prices would continue to soar, whereas in reality it was not like that. Therefore, this is my exit plan at that moment later. After that, there will be several more strategies to start investing again with some preparations when the market drops. And do the same process as before with some evaluation.

I usually stick to the basic of buying low and selling high. When I see opportunities to make profits, then I take part in selling some coins and just buy back again when prices have declined. That is not something new to discuss but it’s always the most effective strategy for me. No need to resort into other exit plans, as long as you are comfortable with it and it’s somehow reducing the risk of losing, then I’m settled with that.

Exit plan? well the end game for the majority of us here is that when we profited already. But still depends on you, how much profit you want to take? like in terms of fiat money or percentage from your initial investment?

So no one can answer you directly? still up to you how big the profits is in your mind.

There are investors despite having lot of bitcoin thru period of accumulation, numerous bear and bull market, they are not not selling a bit. And then there are short term holders, who's goal is to just make some profit and then sell.

First, you need to throw out this part of the "huge" profit. Reduce greed a little. I know that you can hear everywhere how "someone" got rich on an investment of only $10, but these are just fairy tales, if there is even a close case, it is very rare.


What exit? From where?
If you mean exit as getting out of crypto, I wouldn't see the possibility of making a meaningful exit strategy here. After a long time, few people want to go out without a special reason.

Exit plan? If I ever need the money, lol. Just kidding, though. I would never sell my purchased bitcoins at a lower price than their buying price, unless I require some funds again. Since I have confidence in Bitcoin, why would I sell it at a lower price? Therefore, my strategy is to wait for a buying opportunity and sell it at approximately double of its price. I also engage in long-term hodling, so I divide my Bitcoin investments into these two categories.

Exit plan is somehow needed when we are trading or dealing other investment deals to any platform but many fail to execute their plan because the greed to earn money is always covering them up because they think that they can even earn more with it. If people could control theirselves and properly executed their own investment planning for sure we can see less people complaining that they are been burn out by wrong decision they made on their money.

Exit plan as how? Leaving investment after making huge profit? I don't think investors need exit plan. They can take their profit and continue the investment because that is their business whether in dip or in bull. Exit plan can only be done in trading. You can do exit plan for trading and take a break after making profit of the day, week profit. Except that, I don't think investors need exit plan.  Investors can rest when the coins are still in the wallet for a very long time.

Having a proper risk management strategy is paramount and the use of stop loss can't be over emphasized if you want to survive in the industry because there is always a consciousness i have never to consciously watch my capital drain down and that's what stop loss helps to fight.
If you want to succeed in the industry,  then you should spend more time studying about what you intend getting into so as to get a better knowledge  of it because cryptocurrency and bitcoin  are very volatile assets that can't be easily predicted.

And since you're on the forum, I want to let you know that you're at the right place and if you take your time to stroll round the forum, you might get answers to any challenge  you might face while studying and if you don't, you can simply create a thread to ask.
Goodluck.

Will it interest you to know that so many people do not have an exit plan in cryptocurrency investment. I have seen people who has been holding a particular coin (bitcoin), for so many years without selling. Whenever there is bull, the coins will appreciate greatly and they will keep blind eyes at it and the coins will fall again during the bear period.

This is the set of people who has no clear definition of what they will do with their coins or the profits that comes therein. I have heard from an economist who said, saving without a purpose is not saving. Likewise, investing without an exit plan is purposeless. The plan should be to exit at a particular price or when there's a new ATH.

The best method to exit an investment is withdraw in percentage following the movement of the market. You don't have to withdraw at once and you don't have to be greedy and leave all when then market is pumping. This is the reason bitcoin dumped on people during the last bull run because they were anticipating 100k.

Every investor has its own exit plan and that’s when you decide to sell because your target of making profits is now very visible but I don’t think investors will stick to that knowing once there are still opportunities to be in profits, investors will keep on chasing for it. However, it also depends on you on whether to sell right away when there is visible profits or just continue to accumulate and maximize your bitcoin investment. That way, you will have a lot to sell and gain once the bullish season takes over the market.

That exit plan somehow confuses me. If you mean OP that you’ll have to exit from your investment once you have been satisfied with your profits, then that’s an investor’s choice actually. The only reasons why investors exiting from their investments is that they are fully satisfied with their gained profits which I think will be very rare to happen or they just want to leave their investments for good as they are no good for it and just keep the losses even higher.

When you say exit plans,  you make Bitcoin look like some shitcoins that can be pumped and dumped at will and its investors constantly looking for a point where to make the cash out which can be said to be an exit point for them because they are aware of the fact that the coin may never rise again after that period.

But when you are talking about Bitcoin,  I will overly suggest that you never pull an exit one on Bitcoin because Bitcoin is for long-term purposes and is not something to gamble with at frequent intervals like shitcoin is so for that m,  there is no need for me to have any exit plans.


I have never thought of that and I don't think I will have that thought in a long time to come.

Seriously, a lot of people end up losing opportunities to make reasonable profit from the crypto investment because they never have selling targets,and all the roots of it are greediness. Human beings are hardly satisfied, especially with money. Many that even have a selling target at initial stage when it reaches when they should sell and take their profits to minimize their risk in the crypto industry always forget about the negative side of their investment because of their greed.
 
What I know is that everyone should get their exit plan because it is what will determine the profit we make, and I see it as a strategy in the industry. Many of us have different plans for the money we invested in the crypto sector, including the profits we are aiming, so I see no reason why we should be greedy when it reaches our target price.

If they don't have plan to take profit or have it but break it when price hits their target price, they will wait with hope that price will reclaim that target price or break it.

Life is bitter like this, price will not reclaim that high one but will be corrected more, fall deeper and after a while of patiently waiting, they will become disappointed eventually. Their reaction will be selling with small profit or even with loss. People belief looks to be stronger when the market is bullish but within a same period, their greediness increases too. When the market is bearish, they become less uncertain, their belief will be broken and fear, disappointment will trigger their exit, no plan.

Just this sentence
Not sure if you know what they call human greed when it comes to money alone will let you to know in this business many don't have an exit plan because of the greed involved, like it just got me laughing  ;D  ;D As I read through your reply I think he will definitely understand it when he gets to that stage of so much money and will still want more of it..

I really don't know what you mean by existing plan. Is it still the same thing as thestop, lose, and take profit kind of thing? Where one needs to have a particular rate and price where they have decided to take home a profit. If that's what you mean by the Exist plan, then we all have that, but I don't think it's actually that effective now, especially in this generation where we are driven by greed to make more profit out of our investment. Most times, when we hit our profit target, we seem to always try to exceed it, believing that more profit can be achieved.
 
What I do most times, in order not to be a victim to loss, is slide down my holdings and sell a few the moment it hits my target and keep others with hope to sell when the price goes above where it is, but if it doesn't, then I will not completely regret my actions, for I have taken a few profits.
 
If one works and holds on to their existing plan, there will be a limit to the level of wealth one is actually going to acquire. Having no stopping limit in terms of profit helps in pursuing further with the desire to win and earn more while maintaining a good business standard.

Exit plan?? What you really mean by that?
P/s: Okay... I get your point now ...but nobody really cares about whatever plan you speak of to exit the Market - some peeps really do buh I'm hearing that for the first time anyways..
I think it's just best to understand how the market strategy goes by; making profits and staying at that coast is all you really want... Maybe your question is when you can possibly opt out from the market with your profit?? You need to get into technical and sentimental analysis; where you can read the charts and understand where every ATH comes sequentially.... Cus with the volatility every crypto market has, your coins can varnish within some minutes...

Sandra 🧑‍🦰