Exit Strategy

[kalkaiina]

Usdt is the most stable asset on the market today. If we do not know how to trade, then wait for the purchase price to go off and no longer do this until you become financially educated.

[jpaul]

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 is better for me to just convert the bitcoins into fiat currency from the exchanges and then get it into my bank account, changing it into usdt to change it into currency is just going to costs uneccesary fees that I don't want when I can just change it straight to fiat. The next bull I am getting out most of the money just to buy back in later

[Rogkim1]

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!

There are many ways. They all differ from your location. I prefer to throw cryptocurrencies on a plastic card of Epayments. Next, I withdraw dollars from an ATM.

[bitcoinst]

The market indicators will best answer this question if a recession starts in the process of strong growth - this is an excellent signal for sale and exit.

[Garrixx]

You can safely withdraw your money through any exchange that supports the fiat dollar. it's very simple

[Dimm_bounty13]

When everyone starts get real excited about Bitcoin and the mainstream business press starts running lots of stories about Bitcoin, it is getting near the time to sell and close out your position and wait for the inevitable bear market that follows the euphoria. Everyone tells you to HODL but that is a stupid strategy for an asset class that has had 3 bear markets in the last 10 years where it lost 80% of its value.

unfortunately, you're right. I wish anybody had told me those things a year ago! the forum cheered but there wasn't any person who could tell me that the endless growth is impossible!

[ololajulo]

In option to fiat, stable coin are very reliable to keep your fund. A good strategy to handle all run, bull and bear run

[dizzy1996]

I don’t understand what the problem is, if you are afraid for your investments, then take all your money away and just watch the market, but if you are ready to risk, just wait and see what will happen to the market

[jerrison]

well different people have different meanings to things and that can be likened to what they understand and mean by the term different strategy. it is a known thing that you have to fix a goal on  every adventure and making profit is paramount in business so i will advice that you exit when the "ovation is loud" in other words, exit when it still makes sense to

[HappyCaptain]

if you have a big capital then x2 or x4 gain is good point of exit since waiting for x10 is risky these days but for those people who has small capital then it would be better to buy coins with value is below $1.

[dongosquad]

Not much can be done, wait and see because the risk is very large on this bear market. Remember, never invest more than you can afford to lose. The learning process is also an important strategy for improving your analytical skills.

[Metroid]

There is no exit strategy in crypto.

[yitzjoe]

a trader must understand the overall market trends and they must be brave enough to make decisions out of the market when the price of bitcoin as a market leader decreases considerably and this will have a serious impact on many altcoins so that most of them sell most assets to temporarily leave the market

[btc_angela]

a trader must understand the overall market trends and they must be brave enough to make decisions out of the market when the price of bitcoin as a market leader decreases considerably and this will have a serious impact on many altcoins so that most of them sell most assets to temporarily leave the market

There are two sets of investors or speculators right now, then who short or those who prefer to hold on their crypto. For the former, they don't really care and as long as they can make money then they will book their profits right away. But I don't consider those brave though. What I consider is those long term holder who continue to stay with the market thru thick and thin and no market they still believed that crypto will go to the moon in the next 5 years or so. So everyone should look at long term so that everyone can maximise profit as a exit strategy.