What about your exit Plan ?

[examplens]

Also, why do we talk about "exit" strategies, converting back to fiat seems like ....treachery? 

Once I have enough money to retire, I will probably only convert 1/3 to Fiat. Ideally, at that moment, I can equally enjoy my retirement with only fiat part or only with crypto reserves. That would be the safest solution.

[0t3p0t]

Also, why do we talk about "exit" strategies, converting back to fiat seems like ....treachery? 

Once I have enough money to retire, I will probably only convert 1/3 to Fiat. Ideally, at that moment, I can equally enjoy my retirement with only fiat part or only with crypto reserves. That would be the safest solution.

That is for me the smartest way to keep our future safe and I will also be doing that if I gonna retire because fiat isn't safe here in my vountry given that inflation right now is quite highand I am not gonna take the risk of converting all my crypto assets for that purpose because for me that was a very bad idea for my future though crypto isn't that safe as well due to volatility but I personally don't trust fiat all the way.

[nakamura12]

I think many people would just hold their bitcoin unless they need some money by taking portions of it like for emergency situation. I think some people have other plans like selling their btc to buy stable coins when bearish time to avoid more loses and buy once the price starts to increase. I think it would be a good decision to never sell all of your cryptocurrency to fiat and only sell portion of your crypto when you really need the money.

[Z-tight]

The market is volatile, so it is hard to create a plan and hope it goes exactly to plan. I don't really like to talk about exit plan with BTC, because there is no chance of me converting all of my BTC's to fiat, that's not possible, not with how fiat currencies are affected by inflation. Maybe i can convert a small percentage to fiat for personal pleasure, and for separate investments, but that will be when BTC is above $90k.

[kulkhan]

I have huge invest in this cryptocurrency market. Still i am investing and holding some coin including Bitcoin. We all know now cryptocurrency market is down. Now i am investing following DCA method. I think within short time market will up. I will wait till bull session.

I have some loss in this market. I think future bull session it will recover and i will be huge benefited. So i will stay in this market till future bull session. After that when i will be profitable then i will exit from this market.

But not fully. I will invest few amount for long time.

[JoyMarsha]

[/code]584173 date=1720470335]
I am looking at an exit plan for when bitcoin skyrockets to $100k-$150k. I believe it will happen next year probably. By that time, most of my investment in bitcoin and altcoins well fetched me many profits. I will be looking at selling some 80% of my bitcoin holdings and all of my altcoins holdings. Failure to do so and bitcoin begin to decrease will cause me to lose a huge amount of profits I would have gained when bitcoin was at a high price.

You're talking from a trader's perspective, rather than an investors'.
As a bitcoin investor, first you should know that bitcoin does better in the long run, no matter how much bitcoin dips after reaching or establishing a new ATH, it always has the potential for recovery and whatever amount you may have lost to the DIP, if you continue to HODL pass the current market situation, the market will always recover and you'll be able to recover whatever funds you may have lost to the DIP.

I have no doubts about bitcoin recovery in price even if it dips in price. From what we have seen and learned about the crypto market, it has the uptrend and downtrend markets as the best-selling and buy opportunities.

As a long term investor are you, for an investor to invest in bitcoin during the bear market, and sell during the bull market, will they be considered long term investors or short term?

Before we give our answer, let's not forget the four-year circle of the halving season, made up of 2 years of bull run and 2 years of bear market. Some investors buy bitcoin during the bear season and sell at bull market. They repeat this move every four years.

In your perspective, how do you judge those kinds of investors that the majority are found guilty of? would you regard us as short term investors or long term? To you, are we making the right decision to buy and sell our bitcoin between 4 years or months after

[Hamza2424]

There is so many mix reactions and confusion with the trend of the market. It seems the German government just dump an additional 17,000 Bitcoin, the largest so far since they started selling and who know what they are going to do next.

Source- https://x.com/watcherguru/status/1810370791172915359

I all I have to say that people that sold at $70k and above didn't lose anything, taking profit is never a mistake, they have the opportunity to still enter again and as for the next thing from here, I don't know because nobody knows who will be selling more that will cause more panic to this market.

Hmm, they were making this shit again with almost 4k BTC by moving into some exchanges, according to the on-chain alert, anyway, I don't care a lot about them because you know, these are just temporary shits, the show is about to start, now I'm again bullish for BTC at least by the mid of the August. We are heading towards a great journey and I'm sure about it. No matter how long it will take it will be worth waiting.

[Z-tight]

I have some loss in this market. I think future bull session it will recover and i will be huge benefited. So i will stay in this market till future bull session. After that when i will be profitable then i will exit from this market.

We are still in a bull market for BTC and there is still more to come in the short term, so there is no need to be looking forward to the 'future' right now. I know the price dropped, but it is only temporary and the reason is because of Germany selling a lot of BTC's in the spot market, the news of Mt. Gox's repayments and other social and economic factors.

However, BTC price is still going to rise in the short term and it could rise to $100,000 before the end of the year.

[Jamal Aezaz]

I have huge invest in this cryptocurrency market. Still i am investing and holding some coin including Bitcoin. We all know now cryptocurrency market is down. Now i am investing following DCA method. I think within short time market will up. I will wait till bull session.

I have some loss in this market. I think future bull session it will recover and i will be huge benefited. So i will stay in this market till future bull session. After that when i will be profitable then i will exit from this market.

But not fully. I will invest few amount for long time.

This is a good idea to make investment currently because the market is down and whenever there is a downturn and we buy beneficial coins then it gives us profit in future when bull season takes place but most of the people lose such opportunities due to their lack of trust. Everyone should have minds like you because we should not be dependent only on Bitcoin but should also choose some most favorable and most successful coins for future benefit.

If someone is entering into the crypto market then he should realize that good and bad times can come but one should not take an abrupt decision of selling because the crypto market is known for the fluctuations happening in it. Stay calm and keep your coins longer if you know that you have invested in trusted coins but if you are involved in new coins investment then there is some risk in such type of investment which should be sold after little increase in value.

[Hamza2424]

For now, the target I have in mind is above $80k and past $100k... that should happen before the new year 2025 and at the latest should be January 2025... that's enough time for investors to make a decision from now on . There are still 5 months left, and I think that's enough to recover after MT Gox returns funds to participants who made the call... plus the bull run moment after the BTC halving.

Hmm, so far in my case the Bull will last around Q2 of 2025, I will start taking actions at the end of this year to move funds, I'm quite hopeful that BTC will surely hit above 80k before the end of this year and if it happens my optimistic range for BTC is 130k to 150k almost, I'm sure that's not too hard for BTC to hit.

This topic was a collection of general questions about exit plans, I think I should consider another topic as I've read 70% of the replies here and it helped me a lot, with different views and comments, it help in making a general and efficient plan.

[snowpega]

Hmm, so far in my case the Bull will last around Q2 of 2025, I will start taking actions at the end of this year to move funds, I'm quite hopeful that BTC will surely hit above 80k before the end of this year and if it happens my optimistic range for BTC is 130k to 150k almost, I'm sure that's not too hard for BTC to hit.

This topic was a collection of general questions about exit plans, I think I should consider another topic as I've read 70% of the replies here and it helped me a lot, with different views and comments, it help in making a general and efficient plan.

Let's wait for it buddy I am also hoping that Bitcoin should hit at least 90k by the end of this year well I was reading such news that Trump said that he would never want another country to overcome the dominance in the crypto space and we know that big money involves from America side in crypto space, And we know that trump stands for the crypto in this election so if he get elected more money flow will come in the market and from there we can see a good amount of profit in our portfolio.

Well, the Election will happen in September in America and time will decide what gonna happen so, buddy what do you think of it? if Trump gets elected can it be a game-changing thing for all of us? I also consider this from another point of view that as we know it is politics and Trump is just having the benefit of the crypto community to get elected as president and maybe he will not stand for the statement he used to present in public these days. So, let's see what gonna happen.

[robelneo]

I don't have a detailed or specific exit plan, I consider myself a long term holder but can shift my belief depending on the market condition, There's no reason to sell for me if I see that the market is doing well and a short dip is not enough for me to cause panic I always maintain that the market will eventually recover and it always does.

[Wiwo]

my exit is death.

I am 67 figure I won't make 100

So I exit with death.

Hey man!
Does your wife know your private keys?

   she has access to my coins

philipma1957 good exit plan's but hey man, you are going no where, we gona ride all the way above 100 and you still Gona ride on, I have no problem with your wife having access to your coins which is same with me, my wife have total control and access to all my wealth and I am ok with that, but talking about bitcoin exit plans and real life existence, 67 years is way too young to be talking about exit because there still a long ride for us with bitcoin.

I am sure you Gona see beyond the 200k bitcoin price, and I even wish us more price rilacostal at any moment in the future.

[0t3p0t]

I don't have a detailed or specific exit plan, I consider myself a long term holder but can shift my belief depending on the market condition, There's no reason to sell for me if I see that the market is doing well and a short dip is not enough for me to cause panic I always maintain that the market will eventually recover and it always does.

Based on what I have read above I can see that you are flexible and open to any possible shift and that is great as we all know that here in crypto we got bearish and bullish season so you can blend to any very easily and profit on both trends unlike others who really just stick to one plan.

[Roseline492]

However, BTC price is still going to rise in the short term and it could rise to $100,000 before the end of the year.

Well for now nothing is certain in the case of Bitcoin but however it has been very consistent in moving uptrend this days so is very obvious that we would have a good price before the year runs out but for now let's not get our hopes up or expecting too much from the price this year, so for me in as much as the price has been moving seriously I still maintain my expectation within the range of $80k to $84k but however if it manages to break those levels better. Though if I may ask since your expectations is for the Bitcoin price to hit $100k before the end of the year what do you think will be the price of Bitcoin in 2025?.