02-01-2023, 11:50 PM
This is the time to plan, create an exit strategy, and stick to it. What’s your pl
<!-- SC_OFF --><div class="md"><p>FOMO is hard to overcome. Also, it’s hard to know what to do when the market gets bubbly or bearish. I find it easiest to create a back of the napkin plan and stick to it.</p> <p>Here’s my personal plan.</p> <p>1) DCA into projects I believe in (mostly BTC and ETH) until the total market cap of crypto hits 2 trillion. Stop DCA over 2 trillion. Double DCA contributions if the total market cap falls below 500 billion.</p> <p>2) At 4 trillion market cap, liquidate 1/3rd of all my holdings. No DCA unless we fall back under 2 trillion total market cap.</p> <p>3) At 8 trillion market cap, liquidate another 1/3rd of all my holdings. No DCA unless we fall back under 2 trillion.</p> <p>4) Hold the remaining assets over 8 trillion total market cap long term, decide what to do with it later.</p> <p>What’s your plan/exit strategy? Curious to hear what other people have come up with.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/sleepapneainvestor"> /u/sleepapneainvestor </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10qzw2s/this_is_the_time_to_plan_create_an_exit_strategy/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10qzw2s/this_is_the_time_to_plan_create_an_exit_strategy/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>FOMO is hard to overcome. Also, it’s hard to know what to do when the market gets bubbly or bearish. I find it easiest to create a back of the napkin plan and stick to it.</p> <p>Here’s my personal plan.</p> <p>1) DCA into projects I believe in (mostly BTC and ETH) until the total market cap of crypto hits 2 trillion. Stop DCA over 2 trillion. Double DCA contributions if the total market cap falls below 500 billion.</p> <p>2) At 4 trillion market cap, liquidate 1/3rd of all my holdings. No DCA unless we fall back under 2 trillion total market cap.</p> <p>3) At 8 trillion market cap, liquidate another 1/3rd of all my holdings. No DCA unless we fall back under 2 trillion.</p> <p>4) Hold the remaining assets over 8 trillion total market cap long term, decide what to do with it later.</p> <p>What’s your plan/exit strategy? Curious to hear what other people have come up with.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/sleepapneainvestor"> /u/sleepapneainvestor </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10qzw2s/this_is_the_time_to_plan_create_an_exit_strategy/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10qzw2s/this_is_the_time_to_plan_create_an_exit_strategy/">[comments]</a></span>