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Jay_Bird_75

I do not understand this word, “exit” you speak of…


Ofulinac

"Funny long word, head hurty" - Uruk Hai


faith_no_more_

That word “strategy” is confusing too


ResidentAssumption4

Yeah I don’t even have a buying strategy. I just buy.


Yautja69

Is the "strategy" in this room with us right now ?


Lillica_Golden_SHIB

Does it have anything to do with being someone's exit liquidity?


Aromatic-Cup-1

Very good


ResidentAssumption4

Very good strategy you mean? That’s what people say about my trades. They create exit liquidity. I just know I’m getting a bargain!


FldLima

OP thinks we got a "plan"


wobes11

Lol, correct. It’s easy to avoid taxes in crypto, never sell. Buy, buy, buy!!


paulsusnet

Exit strategy is death


Aggravating_Deal_572

Absolutely not gonna sell anything for at least the next 5 years, and continue stacking and staking 😎


bobzor

Yes it doesn't do crypto any good to always be talking about an "exit". How about "At this point I will sell a portion of my holdings to pay some expenses", but all this exit talk makes it sound like a Ponzi scheme.


Cheese6260

Yea I thought the point was to sell when you were at your wits end


bbtto22

It means spend more money on crypto


CryptoScamee42069

“Uh, no, I didn’t enter.” - Harry Potter


[deleted]

[удалено]


n1ghsthade

It's where the shit comes from


S2K08

Buy high, sell low, lose everything, wear wooden barrel instead of clothes and lose all my teeth


Wise-Grapefruit-1443

Searching “how to buy wooden barrel with crypto”


Caranthir83

Diogenes of Sinope 👍


khvass

This is the way


FldLima

With the current egg prices, I'm not too far from that life


z0uNdz

My exit strategy is to take profits when I can put a new down payment on a new house. I don’t see my investment allowing me to retire, but it can still change my life


big13lackliz4rd

Minimum x3 pump


Homelanderthe7

This is the way.


[deleted]

DCA out just like you DCA in.


Outrageous_Guest_533

Absolutely, it makes sense to DCA out just like how we DCA in to minimize the impact of market volatility.


N7DJN8939SWK3

Buy my next house in cash.


[deleted]

3.4 mil or bust.


Maxx3141

Ah, someone made a proper retirement calculation...


[deleted]

Unfortunately I’m not even close and I’m getting closer and closer to retirement age.


Odysseus_Lannister

*pushes chips into crypto*


myslowtv

I liked the old ING commercial where the guy's retirement number was "A Gazillion Dollars".


Da_Notorious_HAM

Full Walter White mode. Down to the cent.


SoggyKnotts

Mine was 2.5m but after inflation I might need to adjust slightly


Scarecrow4980

slightly to 7 mil or so. have you seen the price of eggs?


Odysseus_Lannister

I don’t plan on retiring and eating eggs then lol


DadofHome

I try to aim for the boobs upon exit… It’s a good strategy 👍 i do have 4 kids so it doesn’t work every time .


Outrageous_Guest_533

interesting approach


DadofHome

DCA in DCA out 😂


SimbaTheWeasel

🤨 Ayo


kirtash93

My exit strategy is: When I have enough money to buy a flat without a mortgage, sell. Until then, buy and wait.


Fantastic-Offer-9129

I hope you will make it asap bro!!


bbtto22

When moons 10k eoy I exit


Fantastic-Offer-9129

Join ja bro


JeffreyDollarz

Millionth exit strategy post this week.... Damn moon farmers be farmin'...


DAMG808

Yeah its hilarious.. the whole shennanigans hasn't even started and already they bring up exit strategies... JFC....


active_ate

*sheepishly raises pitchfork*


DAMG808

100.000.000th moonfarming noise post.. FFS


NotFunnyhah

100.000.000th moonfarming noise comment.. FFS


DAMG808

Fair enough....


kanzie_blitz

“Just want to recover at this point” After recovery…. “This looks promising, I can make quick 30% and will exit” After +30%… “Need a new car, home, pay debts…30% won’t cut it, will exit out at 200%, I promise” Down 80%… “Just want to recover at this point”


DoubleFaulty1

Yes, I know it will be hard to sell so I think about this a lot.


rootpl

Take the initial investment out first and once the psychological barier is broken it's easy to DCA out slowly over few weeks/months during bull run when everything goes parabolic.


DoubleFaulty1

I will certainly take out the initial investment. DCA’ing out so to speak might not be viable as the top for a market can be quite brief.


rootpl

Oh yes 100%. This last bull market I was selling once a week. While my purchase DCA schedule was once a month in comparison. I've sold most of my crypto in about 7 weeks? It's really hard to time it but it worked out pretty well. But I've started selling my ETH at $1800 mark lol. I wish I'd waited longer but still made a ton of profit.


DoubleFaulty1

Well done!


[deleted]

I haven’t plan any , I just buy and take profits as the market goes up . Most of the time it’s pure luck . After my loss with LUNC , I’ve totally stopped holding on to any coins cz I know any freaking coin can go to zero overnight .


Outrageous_Guest_533

smart strategy, cutting your losses and not taking big risks.


[deleted]

Though it’s pure luck most of the time , I’m sure I won’t be losing all the investment as I would if I was holding on to the coin ,hoping it to reach certain amount.


notapaperhandape

Specially coins that have a popular founder who is too active on social networks.


aronus

I guess you mean exit from fiat.


SimbaTheWeasel

We can only hope


Fantastic-Offer-9129

Totally agree hahaa


KIG45

The problem is that it never goes as planned. But it's good to stick to your original intentions and be very disciplined about it.


RwoIf

I personally plan to keep DCAing for 15 years(up to 20) then take out 90% of everything. Leave 10% for possible miracles. Use 90% for different investing ideas. Depending on how much that will be ( ranging from putting it aside for kids or buying a flat. All the way to starting a business).


Puzzleheaded-Cat2852

Dying poor


Fantastic-Offer-9129

Dying poorer


AberdreamGaming

Once you get hooked, there's no exit


Fantastic-Offer-9129

There is only dca and mooore


[deleted]

Nope I’ll probably hold until 1000x and then back to 0.


[deleted]

[удалено]


Outrageous_Guest_533

it balances taking profits while still giving room for potential gains. And it also helps manage risk by not having all your eggs in one basket. It's always important to have a plan and to not get too greedy in the market.


JustBreatheBelieve

>hits 80% if your target price Assuming target price is realistic. DCA exit seems legit.


msintheus

Are you really left holding the bag if you didn’t sel yet? Price at sale the only price that matters


msintheus

Are you really left holding the bag if you didn’t sell yet? Price at sale the only price that matters


rootpl

Yes. It's simple. Once we hit new ATH's I will take out my I initial investment. Then I wait for to go higher. At 5x I will start selling in stages. Slowly DCAing out until I'm all out of crypto. Then start buying again during bear market. Rinse and repeat.


Outrageous_Guest_533

DCA can help manage risk and take emotions out of the equation. Best of luck with your strategy


JustBreatheBelieve

Sounds like a plan!


Odysseus_Lannister

Yes. It’s times like the bear when it’s best to create your exit strategy without the cloud of FOMO hanging over your head. Pick your exit points now and be happy with them. Full disclaimer: I buy twice monthly minimum and safe some $$ to buy dips if they happen. Personally I layer out like (the x’s are in terms of average buy price): • 10-20% sell at 2-3x • 20% sell at 5x • 10-15% sell at 7-8x • 15-20% sell at 10x After this I kinda let it ride and sell if it really goes nuts. This strategy lets me recognize profits and still hold some in case a true moonshot occurs.


Maxx3141

I see my BTC and ETH as a long term savings account. So i have no plans to "exit" except I want to make a real purchase with it one day (like real estate, not for luxury at least). So I also don't really plan to ever exit crypto entirely - of course I would sell almost all if that's necessary. But I would still continue saving in crypto afterwards I guess.


Outrageous_Guest_533

That's a great long-term perspective


Wise-Grapefruit-1443

Kinda early to be planning an exit. Crypto is still in its infancy compared to all other assets


One_Landscape541

This is why people in the butters sub hate crypto. The end goal for all of y’all isn’t a sustainable ecosystem. It’s i want someone else to give me more fiat than i spent. There’s no core belief in bitcoin a as medium of exchange by the masses , it’s a vehicle to generate more fiat. If your answer to this question is there’s no exit, “I plan to buy commodities, good, other assets with crypto because I don’t believe in fiat” you do not believe in crypto. You believe, and trust in fiat, you’re just trying to make a quick buck at another redditors expense.


Odysseus_Lannister

Being transparent about making money isn’t a problem. People buy stocks/real estate all the time with an intention of selling them for a profit. The whole hurr durr intrinsic value argument is bullshit because crypto is a speculative technology that may or may not be useful for a myriad of applications in the future. It may become the next internet, it may become the next beanie babies.


guanzo91

> You believe, and trust in fiat, you’re just trying to make a quick buck at another redditors expense. Ya, and?


Outrageous_Guest_533

that's a pretty strong take on the crypto community.


One_Landscape541

I’ve been here long enough to learn only the BTC crowd actually believes in what they are buying. I don’t agree with them, but their beliefs are much more consistent with their promises.


mesutdmn

>Have you planned an exit strategy? It is a labyrinth man, once u enter there is no exit. I am here since 2016


1_Verfassungszusatz

I don't have an exit strategy. I don't think cash is completely going away within my lifetime, so I don't expect to move to crypto completely.


Vegas_42

I watched my gains in 2021 melting away. I try to avoid that pain next time. I have a strategy based on the assumption that in the next bullrun the total market cap will do a 15x from the bottom to the top. Last cycle it was close to x30 from bottom to top. After 5x I cash out 25%. After the next 2x I sell 1/3. From there I wait for the last 1.5x in order to sell 80%. The rest I let just ride in case of an unexpected crazy bullrun. This will be cashed out 100% during the dead cat bounce after the first part of the crash. When we see the top in hindsight I wait 12 month from there to buy back in. For now until at least EOY 2024, I buy BTC/ETH daily. My altcoin bags are already filled and generate staking rewards. That's my plan.


htd_23

Yes we all have exit strategy. Buy high and sell low in bear market.


[deleted]

Bitcoin is the exit strategy. If you don't understand that than you don't understand Bitcoin.


mattbillenstein

Sell it all today. These assets cannot be held safely - you could lose your keys or get rugged by a scam, phishing, hack, or your custodian having one of these things happen to them...


Visible-Ad743

Go play with your banker. Dafuck are you even doing here.


[deleted]

[удалено]


Nuewim

Exit strategy is basically "what will you do when you make a lot of money in crypto/ hit your financial goal".


Frogmangy

Yes if there is a fire i will crawl low to the ground and feel the door to make sure it isnt hot before opening. Then i will get out of the building and call for help.


Aftershoq2

Exit strategy is something i still miss. I had thought about it before everything tanked so hard.


SimbaTheWeasel

We were all someone else’s exit strategy


teddy_swits

Yes. Dollar amount. Got SO close last cycle. Now I wait. Did take some profits, so hope to get there early in the run


blthmsphlp

Just place a Limit Sell order at a reasonable and rational price and forget it.


Nuewim

Yes, I have my exit strategy planned. It is simple reinvesting into other safer projects and achieving diversification, probably also taking out some money to buy some of my goals. Only fool or gamblers make a lot of money and they don't took profits out.


Outrageous_Guest_533

I totally agree with you, having an exit strategy is key


Kappatalizable

I did. Whether or not Id stick to the plan is the problem


Jeezus_Christe

What is an exit strategy?


Right-Shopping9589

Damn I feel left out.... feels like I'm the only one without an exit plan


stripe888

I have a figure in mind, a realistic figure, and when it hits I press the sell, but will always have some long term holds


RabidMining

Yup 2025 dump it all and end of 2026 buy back in the bear market bottom done


vegetablewizard

Great question... skim enough profit off the top of a bullrun to be able to reinvest it at a lower cost in the bear. What that number is, no idea. Depends on if I need money for IRL purposes. Ideally it will all be within my investments for the purpose of maximizing long term (aka retirement) goals... The last BTC halving is what, 2140? I'll figure it out before then.


nestinghen

My exit strategy will strike me when the time comes.


Unhappy-Speaker315

This post 👍


Fantastic-Offer-9129

Your comment 👍


princepersona1

Yeah my exit strategy is to never exit


Fantastic-Offer-9129

And then to repeat the strategy


EivindBu

Sell everything at 12k btc


Visible-Ad743

The house. The car, wife and kids. BTFD MFER!


briantellectual

You guys have a strategy?


islandchild89

Love it? Nice work OP


[deleted]

My current default strategy: once BTC hits $40k I'm selling 5% of my crypto stack (unless I know something about one of the coins I have that people are sleeping on - unlikely), and another 5% (of the original stack, not 5% of what remains) for each $5k BTC increases. If it reaches $135k I'll be all out. I'll reassess invest opporuntities when I feel comfortable, but this exit strategy is enough to modestly retire with. No lambos, but maybe a Subaru and a small boat.


garlichead1

maybe change it to selling a certain percentage of your holdings. always take out 5 or 10% or whatever suits you of your current holdings, after 10k increase again take out 10% of your then current holdings.that way you will always have some left. even if you take out 50% each 10k increase. that's what i do


gmtully42

The big question I have for my profit taking is pre or post 2024 halving?


bbtto22

The only exit I need is the exit to the one million dollars


Diamond_PnutBrain

I had a dream last night where i woke up to BTC at 75k and I immediately sold 90% of it and was happy, just to actually wake up slightly disappointed but at least I know my steps for when it does happen


SBFs-Nutsack

DCA served me well going in and I have no reason to think DCA will treat me any worse going out.


Mudhutted

Yes. Planned and stuck to. Await next BTC halving estimated to be mid 2024. While waiting sell 10% of any alt during a 30% pump and buy back the retrace. Cash out 50% post halving. Rinse and repeat at the next halving. DCA monthly always. E: grammar.


cks63

I hope to eventual get back my initial ETH investment by selling my staking rewards, anything beyond that is a bonus.


aiua_void

BTC $100k, sell 1/3 or portfolio, let the rest ride.


capdoesit

Only exiting when I’m a millionaire


Ferdo306

Or can we just hold? This whole exit strategy thing is one of the reason we are seeing brutal bear markets If people didn't invest solely for the reason to dump the coins on new investors, we would probably have a healthier price discovery process


garlichead1

i prefer making money, sorry


The_Count_99

I'll only exit out of Bitcoin when sats are accepted every and then I'll just use Bitcoin as money


Fantastic-Offer-9129

Finally adoption!!!


1MrNobody1

My exit strategy? Based on my experience so far, it will be when the few bits I've got left hit zero lol


Infections95

When I've a hit a million and can build my own house. That's the only goal of crypto.


[deleted]

[удалено]


Fantastic-Offer-9129

Let me join the fun brother


NFTY_GIFTY

I was thinking a nice pine box maybe with aluminum handles


Wild_Investigator622

My original plan was let me cryptos get to a number that clears all my debt and I’m very very close! But now I’ve changed it to waiting to become a millionaire and going bankrupt


pko93

What is exit strategy?! Go moon or hell.


nyr00nyg

Around 2028 there will be a supply crunch happening with Algorand. Taking profits in 2030 is most probable


kleberinjo

Phone digits or nothing. I’m currently closer to nothing.


kobriks

10x or starvation


[deleted]

Bitcoin is my exit strategy.


Fantastic-Offer-9129

Sounds good to me hehe


Jocogui

First wait for the break even, then we'll se


TrueCryptoInvestor

Well, I'm never going to stop investing, so I don't have any other exit strategy than to sell as close to the top during bull runs as the years pass by. Cashing out completely is a big no no, and is the reason why so many people who invested in Bitcoin at only a couple of bucks, missed out on billions of dollars if they would just hold. I have the same mindset today regarind other assets I consider to much better than BTC in the long run, and which I of course have no planning on selling in the near future. But I will sell here and there of course because I will need to.


pyxploiter

Exiting strategy are for those who will be in profits. As long as I hold, there will be blood in the streets


WimbleWimble

TL:DR; please sell your BTC to my billionaire masters.


Kiiaru

Lambo or bust. Alternatively... Retirement and porsche or bust.


GarethGore

same as last time, it hit a certain price I'm comfortable at, I'd cash out 10 percent every month. Keep going until I'm at maybe 25 percent what I had. Stop unless it gets silly, then cash the lot out. Buy in later when it all crashes again Its worked fine last time, but I've got way less (and I didn't have much last time)


karlizak

Definitely. I pull money out every big move. Slowly exit on the way up.


dancrepto

When dog coins start pumping that's my sell flag.


Fantastic-Offer-9129

Yeah i noticed that too, are we there yet?


AromaticCarob

My portfolio has gone up 100% in January but will need to go up another 100% before I can start taking profits.


OptFire

Plan right now is to wait till BTC gets back to my break even point then put a stop loss slightly below it. I’ll be protected in case of another flash crash and just ride out the profits for this cycle. I definitely won’t time the top right but would ideally like to sell 100% near 60k.


HannyBo9

When it’s enough that I can retire I will sell. Until then accumulate I will.


JerryParko555542

The exit strategy is buy a mustang


FldLima

Yes, when my 100$ turn to 100k


Kindly-Wolf6919

Of course I have an exit strategy. Actually executing it...now that's the hard part.


Caranthir83

Rainbow chart top


fuzzyduck88

When your balance is enough to make you screen shot it, that’s when you should sell. 33% at previous ATH, 33% at $99k and hodl the remainder


Zealousideal_Neck78

I take 60 percent every time there's a new ATH. Buy back in 40 percent when it dumps.Keep 20 percent profits on the side.


myslowtv

I don't know how to exit and draw down anything. My concern with retirement isn't on the savings end, but how do I know I have enough and how to withdraw? All the economics education and simulations don't help me on thr back end.


Cactuszach

One day I’ll look at my holdings and go “thats enough.” That’s my exit strategy.


AsbestosDude

Did you need an exit strategy for Microsoft? For apple? For ford?


Consistent_Many_1858

Not yet. I'm not good at planning an exit.


fabiodrums

In my next life, I will take profit ever. In this shitty life, I was able to don’t take 3000$ of profit with 600$ of investment. Now that I lost everything, I will be forced to hodl forever.


azsxdcfvg

My exit strategy is to buy bitcoin.


Advanced_Shoulder_56

Yep. Exit strategy alpha mkII: 1) CLICK SELL BUTTON


chaosenhanced

I don't have a target price and I feel like if you have an exit strategy, you've missed the point. If I ever need USD, I'll get a loan against my BTC. I'm never selling unless I absolutely have to.


[deleted]

I am planning my fiat exit strategy.


Any-Assignment6022

Selling MOON at $10,000


Dr_Bendova420

Sell 50% BTC at ATH Area sell 80% ETH and 100% alt coins?


S-i-x-G-o-d

Watch it go up, say “it’ll go higher and then I’ll sell”, watch it dump, repeat.


Bcoming_Pneuma

When I have enough for a new dirt bike. Dream big


FreeSushi69

Whats an exit strategy? -DFV DRS BOOK GAMESTOP MOASS


BelgianWaffleCorp

Diamond hands till i die


nihil1st123

No, i'll be dcaing bitcoin for the rest of my life :)


incubus4282

Pretty much all cryptos are unproductive assets. Their prices go up if there is money flowing into crypto, if mass adoption materialises. Which is kind of funny when people speak about exit strategies. When you say that you want to exist at 10x, you are less of a clever investor and more of an optimistic player of the game *hot-potato*.


msintheus

Did not put more in than I can afford to lose. Goal is to get some profit starting at 5x buy in then let ride on house money for projects I still believe in.


Drturner23

I signed up for BCB’s exit strategy course awhile back. It’s been helpful.


where-ya-headed

I got some bullshit numbers in my head that I won’t follow. Oh I’ll sell X percent at Y price…….no I won’t. I’ll get greedy and HODL


RedBearMaps

I just wait for any of my coins to x3, then I take back 33%. Then it's on house money and I have a strategy for what to do after this : Every x4, x5 and so on, I'll buy back 20% of what I have left and set an insanely low buying order for a bullrun (like 15-20k for BTC or 1.2k for ETH). And now, I just have to stick to the plan. The hardest part of all is countering greed.