At THE RALLY when will you sell?

[ejinte]

Of course I'm following (SSS) - A Sane and Simple bitcoin Savings plan by rpietila
https://bitcointalk.org/index.php?topic=345065.msg3697405#msg3697405

[okthen]

If you want to make real money you gotta hold alot more than till nearest rally incoming

I agree, I'll sell at a predetermined price but unless this next rally is a rally way beyond anything we've seen before, it'll not be in this rally or maybe even in the one after.

anything we've seen before? the biggest rally so far was a 31x increase in price, so if that would repeat, it would end at approximately 40k per coin.

truth is, you can cash out part of your stash after about 1-2 months of double exponential growth.

PS and selling at 1000 into this rally would be like selling at 100 during the last one. i.e. quite stupid

It is tempting though to sell something at 1000.
Just because I spent so much time thinking I should have sold at the last peak.
But seeing your veteran perspective, I think I'll sell much higher.

[Swordsoffreedom]

Of course I'm following (SSS) - A Sane and Simple bitcoin Savings plan by rpietila
https://bitcointalk.org/index.php?topic=345065.msg3697405#msg3697405

I was curious where this would lead me and it is a good chunk of text
Always nice to see this in perspective thanks for sharing this gem.

[TERA]

I don't pre-empt the end of rallies. I sell when it's obvious that it has ended due to the 1D MACD going down or something like that. Before that, I use the volatility of the initial crash to do margin trading.