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Author Topic: Exit Strategy  (Read 1370 times)
oioioi
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December 17, 2018, 04:39:27 PM
 #21

trading on USDT is the right choice, besides the price remains stable, you don't need to worry about big losses, but unfortunately to make a big profit on USDT is very difficult.

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December 17, 2018, 04:47:50 PM
 #22

What is your exit strategy?

I would like to have a clear vision on how to extract my funds if another bull run happens.

What are your opinions? I am trading in USTD

Thanks!

looking for profit at USDT is totally nonsense, USDT is just a suggestion to secure assets, it's better to choose coins that are clearer and certainly have less dangerous fluctuations. The USDT however will only spin at that price. So even in large amounts of assets, profit is not too much
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December 17, 2018, 04:51:06 PM
 #23

USDT to what?   Huh

USDT wont change its price so you wont have any profits from keeping it. It is just the online currency version of USD.
Even if you hold it for years, you wont get any out of it.

Better do other altcoins to bitcoin and vice versa or ERC20 tokens to ETH and also vice versa.
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December 17, 2018, 04:56:39 PM
 #24

25% of my bitcoin will be sold probably at $50,000-$100,000.

As much as possible Ill remain few bitcoin up to 2030 and so on. And how you can make profit with USDT? its a stable coin unless you transfer your profit there.


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mr.robot8
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December 17, 2018, 05:06:41 PM
 #25


i fully approve if a new bull-phase in the market will start should not let itself be carried away by euphoria and sell everything but perhaps turn most of the capital into a stable coin that is easier to manage
Wyndesam
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December 17, 2018, 05:48:05 PM
 #26

What is your exit strategy?

I would like to have a clear vision on how to extract my funds if another bull run happens.

What are your opinions? I am trading in USTD

Thanks!
But there is no clear solution here , I think you need to sell at different levels, so it will be much safer , but of course you need to read more literature on trade there are well described exit points

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styca
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December 17, 2018, 05:53:08 PM
 #27

What is your exit strategy?

I would like to have a clear vision on how to extract my funds if another bull run happens.

What are your opinions? I am trading in USTD

Thanks!

Probably the reverse of the way in is the easiest. If you converted to fiat via coinbase, then simplest is probably sending your BTC or ETH to coinbase then converting to fiat there.
Bear in mind that most alts won't convert to fiat directly, you'd need to convert your cryptos to BTC or ETH first before converting to fiat.
There are always fees though, so by all means look around for a better option if coinbase charges too much.
andrejka
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December 17, 2018, 06:10:20 PM
 #28

What is your exit strategy?

I would like to have a clear vision on how to extract my funds if another bull run happens.

What are your opinions? I am trading in USTD

Thanks!

When another bull run come I would trade all my altcoins by selling them on the exchanges and then buying bitcoin and together with the bitcoins I already have I would send them to different bank account through OTC services and peer to peer exchanges. So that would be my variant for sure!

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qazgroup
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December 17, 2018, 06:15:11 PM
 #29

I think you do not need any strategy as it is very simple and straight forward to exit the market, i mean if you have decided to exit the market as soon as possible i will just suggest you to sell your holdings as long as prices reach your break even point, although you will miss out on big gains if we will see massive bulls again but if you are desperate to sell i think break even is good.

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ivanleon
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December 17, 2018, 06:18:05 PM
 #30

What is your exit strategy?
I would like to have a clear vision on how to extract my funds if another bull run happens.
What are your opinions? I am trading in USTD
Thanks!

The strategy is to make a profit, but no one can say when exactly the bull run will end and the bear market will start again. In this case, do not be greedy and act on the situation. The main thing to overcome the desire to sell at a loss.

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December 17, 2018, 06:37:16 PM
 #31

What is your exit strategy?

I would like to have a clear vision on how to extract my funds if another bull run happens.

What are your opinions? I am trading in USTD

Thanks!

my exit strategy is that i will placed the oders of my alts at last time high..like id xrp touched 4$ last year then i will place the oder of 4$ if market touch the 400 bn$ marketcap and then wait for the next dip.. always cash out profits not the real capital

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December 17, 2018, 08:13:50 PM
 #32

Okay, firstly you should be read for bullrun. It's difficult to sell when all market is growing. But you should partly fix all your investments. As for me, I trade to btc and I always hedge in btc and then buy by cheaper price.

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December 17, 2018, 09:53:26 PM
 #33

What is your exit strategy?

I would like to have a clear vision on how to extract my funds if another bull run happens.

What are your opinions? I am trading in USTD

Thanks!
What do you mean by exit strategy? Are you saying you went to cash out and then leave the crypto space. Well, as for me, i will continue in the line of cryptocurrency come what may. What i have learnt in the cause of engaging myself in different areas of cryptocurrency cannot be discarded.
Scor Pio
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December 17, 2018, 09:59:10 PM
 #34

What is your exit strategy?

I would like to have a clear vision on how to extract my funds if another bull run happens.

What are your opinions? I am trading in USTD

Thanks!


my exit strategy is simple,, i will sell my coins when the price on oversold area,, mostly in daily time frame
then i will wait for another entry point when the corrections come, remember don't be greedy
marcitosi
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December 17, 2018, 10:08:09 PM
 #35

I will sell everything for a fiat dollar. sure that this is the right strategy in this market

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judeafante
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December 17, 2018, 10:19:21 PM
 #36

What is your exit strategy?

I would like to have a clear vision on how to extract my funds if another bull run happens.

What are your opinions? I am trading in USTD

Thanks!

It comes from coins to coins, sometimes low project exit point is when it hit the market, people started to dump if it a good project, then you have to hold it and follow the development of the project, and of course there are a lot of pump group better subscribe to their channel and check if the coin you are holding will had a chance to get pump.

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December 17, 2018, 10:23:49 PM
 #37

I'm not going to leave cryptocurrency because I think that this is a revolutionary technology and you can make huge money on it in the future

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taguig
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December 17, 2018, 10:32:08 PM
 #38


Most countries you have to pay tax off of your investments and if you use a centralized exchange that converts your crypto to fiat then you will have to report it.
To avoid this, just go straight to the buyers.


That's a terrible advice. Going directly to the buyers, like all the trustworthy parties involved... ahum  Roll Eyes

I also would not think of trading my coins from person to person, there is a lot of risk to that, I'm ok with the tax as long as my money is safe and I can withdraw it, even here in Bitcointalk there are scammers unless you do an escrow which is quite costly too.
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December 17, 2018, 10:37:47 PM
 #39

I also believe that it is important to designate the amount you want to obtain from investing in any coins. And mark the lower limit for the sale of such a coin, if the price starts to fall. No need to listen to anyone, because these indicators are different and everyone has their own opinion on this matter. No one can know your preferences better than you.

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December 17, 2018, 10:52:48 PM
 #40

What is your exit strategy?

I would like to have a clear vision on how to extract my funds if another bull run happens.

What are your opinions? I am trading in USTD

Thanks!

I’m not sure about your type of exit strategy
But when you mean exit, and store it in usdt, that’s not smart for me

I prefer to have my profit in fiats, it’s safest for me to be honest
I Sell high, and secure my profit in fiat
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