Crypto exit strategies

[GeorgeMFrancis]

Usually, first-time crypto investors focus on entering the crypto market. But it is important for beginners to know how to exit the crypto market to take the maximum profit or save money.
Common strategies that beginners can use without specific knowledge are:

• A price target
  Dividing coins
  Dollar-cost average
  Exit by return
  Exit by cycle
  

There is more detailed info about exit strategies https://www.linkedin.com/pulse/crypto-exit-strategies-evbblock/
Do you know other strategies?

[livingfree]

We don't literally have to exit the whole market, you've just got to exit at the right time and price if you're wanting to take some profits.

The most common strategy is by using stable coins so your profit will be there and you can reinstate to the crypto that you've got originally as you get back those cheaply.

[Moneyprism]

I think that such methods are common and known to the majority of crypto investors... and in my opinion, the crypto market is a bit different compared to other investment markets and this market is more difficult for investors to guess, so often crypto investors just hold their tokens in the long term

[hugeblack]

I respect that you are trying to get people to visit the link you put or follow you, but you need to write some words to make your post meaningful, at least an explanation
Dividing coins
Dollar-cost average
Exit by return
Exit by cycle

In general, in investing, in a beginner and very simple way, everyone prefers entry points rather than exit because it means making a good profit. As for the exit strategy, it is subject to the profit tax, but if we ignore that, then we can talk about the strategies above.

For the first time I know that the Dollar-cost average strategy can be used as a buying and selling strategy.

[arwin100]

I think that such methods are common and known to the majority of crypto investors... and in my opinion, the crypto market is a bit different compared to other investment markets and this market is more difficult for investors to guess, so often crypto investors just hold their tokens in the long term

Not everyone knows that and there are so many newbies in the scene so maybe what OP written here might help but I doubt the intention because I don't trust people posting some links here but I guess this one should is also good to see for those people to build their own strategy which they think suitable for them. I don't be surprise if majority don't follow this because at the end of the day we all have different strategy on how we do our trades.

[Yaunfitda]

(a) Entry and (b) Exit strategies, Everyone was entry, what price they want to get inside. But majority lacks the exit point, and maybe they really don't have as they keep on trading and when the time comes that they wanted to get out, all profits is no longer there. So for every beginner traders, it is very important that you follow this to the tee, otherwise it might be devastating at the end. As for me, I have to learn it the hard way. Nevertheless, it teaches me one very important lessons in crypto trading/investing.

[fiulpro]

I do not know what strategies anyone follows for me I generally give it a value that is it for me, below that I cannot afford to loose and therefore if I do loose below that, I try and wait for the time that it reaches that value again and then encash. This is something that might make a difference of 10-20$ on just 100$ honestly it might not be too important for most people but I do think it's essential to keep in mind when you don't have a lot of money.

But if you do have enough for investment how about you pour it in BTC then trade it for Altcoins which they are making +10% profits and then keep the amount back in BTC for long term investment.

For a holder I don't think these terms applies as well, since I know people here have been holding way before the first ATH in 2017, for them it's just hoarding and waiting which helps make the market more stable and more articulate for traders! At the end everything balances out each other.

[laredo7mm]

Usually, first-time crypto investors focus on entering the crypto market. But it is important for beginners to know how to exit the crypto market to take the maximum profit or save money.
Common strategies that beginners can use without specific knowledge are:

• A price target
  Dividing coins
  Dollar-cost average
  Exit by return
  Exit by cycle
  

There is more detailed info about exit strategies https://www.linkedin.com/pulse/crypto-exit-strategies-evbblock/
Do you know other strategies?

Actually having an exit strategy is more important than the entry. A bull cycle can easily be identified and people can enter the market but when you are talking about taking profits then it's a bit harder to determine the perfect time. Because if you do not exist at in right time then you have to leave big profits from the hands.

Actually, I try to wait for the market trend to turn from bullish to bearish. It can be identified by investigating certain elements like people's sentiments, whale's behavior, etc. Like when people's sentiment becomes too positive and they became confident about more upward momentum then you should be ready for starting off a bear market. In these points, I would like to cash out most of my funds from the markets.

[mk4]

We don't literally have to exit the whole market, you've just got to exit at the right time and price if you're wanting to take some profits.

The most common strategy is by using stable coins so your profit will be there and you can reinstate to the crypto that you've got originally as you get back those cheaply.

You're taking everything too literally as the topic is just badly titled. The "methods" can be used to exit positions in general, regardless if it's bitcoin/crypto/stocks/etc. A "crypto exit" doesn't necessarily mean you literally cash out to your local boomer bank.

[palle11]

We don't literally have to exit the whole market, you've just got to exit at the right time and price if you're wanting to take some profits.

To avoid being confused I think this kind of strategy works. The strategy that you focus on price. You make a price that and so when it gets there you are freely going to exit, surely with satisfying gain. Buying a coin and pegging the exit at a particular price is going to help keep you safe especially when your profit taking is activated. This is the most surest way to accommodate profit.

[kryptqnick]

Op is right, I think, that exit isn't discussed enough. Many hold long-term without a particular plan on what to do with most wealth they accumulated. This isn't good because what's the point of having wealth when you're not using it for anything (and not letting anyone else make use of it)? There are also those who are holding until there comes a time when you don't need to sell for fiat anymore and can exchange BTC directly for goods and services. It's partially already possible, but overall still on a very limited level. But what if we don't get there in 10 years? How about 20 years? Does it make sense to hodl for that long if you already have enough in cryptos to bring meaningful change to your life? So having limitations, targets, and perhaps a habit of selling some BTC regularly and using the money on something is a good idea.

[TheNineClub]

Usually, first-time crypto investors focus on entering the crypto market. But it is important for beginners to know how to exit the crypto market to take the maximum profit or save money.
Common strategies that beginners can use without specific knowledge are:

• A price target
  Dividing coins
  Dollar-cost average
  Exit by return
  Exit by cycle
  

There is more detailed info about exit strategies https://www.linkedin.com/pulse/crypto-exit-strategies-evbblock/
Do you know other strategies?

Those are all fine strategies, but rether thinking of crypto as an investment (and subsuquently with an exit strategy), we might want to think of it of a long term support of the tech and the ideas and concepts behind it. I would like to think that there are still a big part of people who really believe in the project.

[serjent05]

I believe the most effective strategy for exiting the market is to set a target price.  While I don't see Dollar-cost averaging as an exit strategy, it is a strategy to lessen the average price of the token while accumulating a crashing token.  Another kind of exit strategy is a stop-loss strategy where we sell our holding at a loss while the market is crashing to avoid further loss of investment.


Oh btw, developers also have a crypto exit strategy called rug-pull which is also called exit scam

[Silberman]

Usually, first-time crypto investors focus on entering the crypto market. But it is important for beginners to know how to exit the crypto market to take the maximum profit or save money.
Common strategies that beginners can use without specific knowledge are:

• A price target
  Dividing coins
  Dollar-cost average
  Exit by return
  Exit by cycle
  

Do you know other strategies?

There is in fact another strategy which is to never exit the market in the traditional way, unlike stocks which you have to at some point sell since you cannot buy anything directly with them you can in fact buy things with bitcoin, this means that you are not directly selling your bitcoin but instead using it to buy the products you need, and while this is an indirect way to exit a small part of your position in bitcoin, at the same time is not a traditional one as you are not exchanging bitcoin for fiat directly.

[Kasabus]

We don't literally have to exit the whole market, you've just got to exit at the right time and price if you're wanting to take some profits.

The most common strategy is by using stable coins so your profit will be there and you can reinstate to the crypto that you've got originally as you get back those cheaply.

As there's always been it's best entry, one should also know when is to make it's best exit. I think its certainly the right timing to make a good exit, and its more important that you have maximize your gains already than your losses. Otherwise, you will have to exit the crypto market because you aren't making profits anymore and are drown into losses. But by using stable coins or do the DCA, you will have less worries to make an exit as you could get back to it when you're ready.

[livingfree]

We don't literally have to exit the whole market, you've just got to exit at the right time and price if you're wanting to take some profits.

The most common strategy is by using stable coins so your profit will be there and you can reinstate to the crypto that you've got originally as you get back those cheaply.

You're taking everything too literally as the topic is just badly titled. The "methods" can be used to exit positions in general, regardless if it's bitcoin/crypto/stocks/etc. A "crypto exit" doesn't necessarily mean you literally cash out to your local boomer bank.

Yeah, I've taken it literally because there's this someone that I've talked to a few days ago that have said, he's about to exit for real and that's what he meant and that's why the meaning of it remained on my mind.

Btw, thanks!

We don't literally have to exit the whole market, you've just got to exit at the right time and price if you're wanting to take some profits.

To avoid being confused I think this kind of strategy works. The strategy that you focus on price. You make a price that and so when it gets there you are freely going to exit, surely with satisfying gain. Buying a coin and pegging the exit at a particular price is going to help keep you safe especially when your profit taking is activated. This is the most surest way to accommodate profit.

It's like setting a price limit until its hit, you'll automatically out and can go out with the profits.

Sometimes, investors forget to set their own prices on when they should start selling and that makes them greedy and are not able to sell when it's come.

[Hamphser]

We don't literally have to exit the whole market, you've just got to exit at the right time and price if you're wanting to take some profits.

The most common strategy is by using stable coins so your profit will be there and you can reinstate to the crypto that you've got originally as you get back those cheaply.

Some people do mind off different way on how they would be treating up a
profit whether on a USD form or in a Coin form in terms of quantity.

Exit strategy is a must or setting up some selling points or target specially if you are going for short term then you should really be setting out these points.
If you do go for long term then this thing is irrelevant.

What matter most on here is on how we do make out some profits.No matter what kind of style or methods you would be using.

[Hydrogen]

Basic exit strategy is selling on a peak rather than a valley. Reducing the number of fees, taxes and middlemen involved in the exit. Having a safe and inflation protected asset class to deposit funds in afterward.

An example of this could be selling a crypto exchange trading account on ebay, rather than selling assets and withdrawing funds to avoid fees and taxes. Or offering to trade an account for gold and precious metals. They might have to sell for 10% less than what their crypto holdings are worth. But a 10% loss would still be better than what they would end up paying in fees and taxes which works out to a gain.

While some are selling and exiting the market. There are others who are HODLing until the next rewards halving who might be willing to acquire holdings at 10% lower of market value. That could be a win/win scenario for both buyer and seller which is a good business practice to pursue imo.

[Dave1]

Op is right, I think, that exit isn't discussed enough. Many hold long-term without a particular plan on what to do with most wealth they accumulated. This isn't good because what's the point of having wealth when you're not using it for anything (and not letting anyone else make use of it)? There are also those who are holding until there comes a time when you don't need to sell for fiat anymore and can exchange BTC directly for goods and services. It's partially already possible, but overall still on a very limited level. But what if we don't get there in 10 years? How about 20 years? Does it make sense to hodl for that long if you already have enough in cryptos to bring meaningful change to your life? So having limitations, targets, and perhaps a habit of selling some BTC regularly and using the money on something is a good idea.

Yeah, but I think long term holders are like waiting for at least 20 years before they can get out.

Personally I have stocks that I hold now for more than 20 years and I'm still holding it up to this day. The value though didn't go up and maybe that's one reason why I'm holding it. But as for bitcoin, well the last all time high is $19k at 2017 and then almost $70k in 2021. So that alone is a huge profits already if let's say you hold it for the last 5-6 years. So maybe some of those holders exited half of their stash and then continue to accumulate again this bear market.

[adaseb]

I am pretty sure there are a large vast of people out there who have no exit strategy because they basically blow their entire accounts. Same goes with stocks.

Most people make deposits from fiat into crypto and stock exchanges and usually never actually withdraw any profits, some might withdraw their remaining balance but there are some that never withdraw anything because there is nothing to withdraw.

Usually it’s due to leverage trading or if you are trading stocks then it’s due to options trading.