01-07-2022, 03:14 PM
Can't HODL forever. What is your exit strategy?
<!-- SC_OFF --><div class="md"><p>I have been thinking about this constantly since buying into crypto. I have (what I think is) a solid buying strategy that I am happy with but I have no idea on what my exit strategy should be.</p> <p>Most of the advice given on this sub is to HODL... HODL until when though? Until you have enough to retire early? Standard retirement? Until the coin x10 or x100? 5 years? 10 years? </p> <p>Was thinking of a hypothetical situation if one of my holdings massively pumped, would I stay for the "tech" and/or for the potential further gains (I sold a bag of ETH at 2.3k AUD and regret it) or would you cash out and look to buy in again at a later date and hopefully after a dip.</p> <p>I am sure everyone has different goals but I am keen to hear them all to come up with an exit strategy of my own.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Lolitarose_x"> /u/Lolitarose_x </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rxuocn/cant_hodl_forever_what_is_your_exit_strategy/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rxuocn/cant_hodl_forever_what_is_your_exit_strategy/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I have been thinking about this constantly since buying into crypto. I have (what I think is) a solid buying strategy that I am happy with but I have no idea on what my exit strategy should be.</p> <p>Most of the advice given on this sub is to HODL... HODL until when though? Until you have enough to retire early? Standard retirement? Until the coin x10 or x100? 5 years? 10 years? </p> <p>Was thinking of a hypothetical situation if one of my holdings massively pumped, would I stay for the "tech" and/or for the potential further gains (I sold a bag of ETH at 2.3k AUD and regret it) or would you cash out and look to buy in again at a later date and hopefully after a dip.</p> <p>I am sure everyone has different goals but I am keen to hear them all to come up with an exit strategy of my own.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Lolitarose_x"> /u/Lolitarose_x </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rxuocn/cant_hodl_forever_what_is_your_exit_strategy/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rxuocn/cant_hodl_forever_what_is_your_exit_strategy/">[comments]</a></span>Kind Regards R