Taking profits never hurt anyone. It certainly makes sense to have a plan and to capitalise on this bull market. I hope we aren't near the top though as we hardly moved from the last ATH.
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You know this series was inspired by your question a few weeks ago if we would be able to dump on retail this cycle !LOLZ
It was really like a week before the signs that retail is coming became clear.
I have not been grinding through this bear market to now be trapped by my own greed, and selling is hard when everything is flying.
Plus what is even more tricky is the buy-the-dip calls....but I will touch on that one next week !PIMP
ATH is getting lower each cycle I think last time it was 3.2X so based on that diminishing peak my expectation still is between 120-150K BTC of course I hope to be happily surprised
Thanks for the Pick!
so you are not buying the supercycle narrative? LOL
i remember 3 years ago talking about your exit strategy and good to see you executing your plan.
I am not buying full-stop.
I have planned my exit from the start and so far if I would just sell my ALTS in my selling portfolio I would be in profit on my investment without touching any of my other holdings.
So for now I love it when a plan.....
Good! Because itβs nonsense!! Bitcoin is going to at least 150-200K this cycle. But the facts speak. Those saying itβs gonna 20X last cycles ATH are ridiculous. I think selling boa is silly (respectfully) because the cycle clearly hasnβt peaked. But on the Super Cycle crap. 2013 high saw a 1000X high from the previous years prior (pre having period and from nothing so hard to count. Now the real markets we can look at. 2013 high around $1100. 2017 saw 19K thatβs about a 17.5Xmoce. 2021 saw 69K about a 3.6X move from previous cycle.
If u go by the lows u get same thing , it goes up by less each time. 2015 low was $200 , 2019 3K. Thatβs 15X. Then 15K was 2022/2023 low so thatβs 5X from previousβ¦. Bottom like those saying we will do better then cycles when we were way smaller are ridiculous. Iβm hardcore in this space since 2013 so I donβt edit my criticism of these people.
All that said bitcoin is going a lot higher from 100K this cycle. Just not 10X from here like the nonsense people say.
If you thought this was critical u should here my thoughts on Alt season π
!PIMP
Add your thoughts on ALTS on next weeks post I love to hear them.
I just have a plan and I plan to execute it and end up with profits, and this is not critical tbh it shows you know more than just good punk tunes
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