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Author Topic: What about your exit Plan ?  (Read 13091 times)

Offline JoyMarsha

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Re: What about your exit Plan ?
« Reply #90 on: August 14, 2024, 11:50:00 PM »
You have a huge experience because in 2 years people with a dedicated mindset achieve great things. I have seen people learning new skills like trading, project management, etc. Trading is not that difficult people understand it in less than 1 year by devoting their time and with the proper mindset

HAha 2 years, naah I dont consider 2 years a great time to learn most things, as you know a person who starts everything on his own, spends most of the time in the wrong direction, as he's not clear with what to learn first and what to try first, so in finding a direction he spends most of his time as if a person has a mentor who is much experienced, there's a slight chance that he's gonna achieve great things in less time. I've been here a long time at least around 4 years+ still learning about the direction.
I personally cannot determine how many years we can study this because I feel that as time goes by, there is still something that is missed. So rather than talking about time, I think it is better for us to continue learning and repeating what we have learned in the beginning, because sometimes we also forget even though we used to understand and even experience it.

This is not a matter of time in my opinion, but it is a matter of will. Will we continue to learn or be quickly satisfied with what we know.
I perceived trading to be a difficult thing for one to learn. It depends on your level of expertise for you to be perfect in it. That's not what you should learn by yourself; you need a mentor to mentor into it. Your level of interest will determine how long it will take.

I have seen someone who learns how to trade perfectly within 3 months and someone else in 6 months to master trading. It's all about their engagement tidings and how personal they took trading to be that's what took them that long since trading requires someone's time and focus all the time.

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Re: What about your exit Plan ?
« Reply #90 on: August 14, 2024, 11:50:00 PM »

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Offline rizqillah

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Re: What about your exit Plan ?
« Reply #91 on: August 15, 2024, 02:48:18 AM »

I perceived trading to be a difficult thing for one to learn. It depends on your level of expertise for you to be perfect in it. That's not what you should learn by yourself; you need a mentor to mentor into it. Your level of interest will determine how long it will take.

I have seen someone who learns how to trade perfectly within 3 months and someone else in 6 months to master trading. It's all about their engagement tidings and how personal they took trading to be that's what took them that long since trading requires someone's time and focus all the time.

I learned to trade on my own without a mentor. Because some VIP trading groups require payment and some friends who have joined said that being ordinary does not make them smart in trading, this is what made me not join those groups. I prefer to learn by myself, do research and make my own analysis.

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Re: What about your exit Plan ?
« Reply #91 on: August 15, 2024, 02:48:18 AM »

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Offline NotATether

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Re: What about your exit Plan ?
« Reply #92 on: August 15, 2024, 01:04:29 PM »
My exit plan would be to sell as few bitcoins as possible, just for me to be able to have a good life.

I'm not asking for too much hopefully, but I just want to be happy.

Everyone's got their own mission here, and I'll be happy when mine is accomplished.
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Online $crypto$

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Re: What about your exit Plan ?
« Reply #93 on: August 15, 2024, 03:56:59 PM »
I personally cannot determine how many years we can study this because I feel that as time goes by, there is still something that is missed. So rather than talking about time, I think it is better for us to continue learning and repeating what we have learned in the beginning, because sometimes we also forget even though we used to understand and even experience it.

This is not a matter of time in my opinion, but it is a matter of will. Will we continue to learn or be quickly satisfied with what we know.
I perceived trading to be a difficult thing for one to learn. It depends on your level of expertise for you to be perfect in it. That's not what you should learn by yourself; you need a mentor to mentor into it. Your level of interest will determine how long it will take.

I have seen someone who learns how to trade perfectly within 3 months and someone else in 6 months to master trading. It's all about their engagement tidings and how personal they took trading to be that's what took them that long since trading requires someone's time and focus all the time.
Our own abilities will also determine, because there are people who can understand in a short time and there are people who need a long time to really understand what they are learning.

Everyone has different abilities and also different levels of intelligence, so that will also be a difference when learning. But that doesn't mean I'm saying that people who need more time have a low level of intelligence, don't get me wrong. But maybe there are other skills and coincidentally it's different from trading.

Offline bayu7adi

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Re: What about your exit Plan ?
« Reply #94 on: August 16, 2024, 01:26:41 AM »
My exit plan would be to sell as few bitcoins as possible, just for me to be able to have a good life.

I'm not asking for too much hopefully, but I just want to be happy.

Everyone's got their own mission here, and I'll be happy when mine is accomplished.
It sounds wise, by just meeting the happiness standard ... even though it is quite difficult for some big people who have a greedy nature ... Selling everything at a high price is usually a priority option, but your method is also worth emulating ... at least with this method we can still continue the baton of bitcoin ownership without interruption ... people who do not sell everything when ATH, are wise people and still look to the future ... I salute this plan.

Offline dekafee79

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Re: What about your exit Plan ?
« Reply #95 on: August 16, 2024, 12:13:59 PM »
My exit plan would be to sell as few bitcoins as possible, just for me to be able to have a good life.

I'm not asking for too much hopefully, but I just want to be happy.

Everyone's got their own mission here, and I'll be happy when mine is accomplished.
It sounds wise, by just meeting the happiness standard ... even though it is quite difficult for some big people who have a greedy nature ... Selling everything at a high price is usually a priority option, but your method is also worth emulating ... at least with this method we can still continue the baton of bitcoin ownership without interruption ... people who do not sell everything when ATH, are wise people and still look to the future ... I salute this plan.
I also don't sell all my bitcoins during the ATH, I will sell some with the consideration that we can wait for a higher ATH, especially for those who already understand and have followed the 4 year cycle, Top ARH is difficult to predict so we have to be prepared for that. Who knows, we can still sell it at a higher price even though it seems greedy, but it must be done with careful analysis and consideration.

Offline Manna

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Re: What about your exit Plan ?
« Reply #96 on: August 16, 2024, 01:21:19 PM »
My exit plan would be to sell as few bitcoins as possible, just for me to be able to have a good life.

I'm not asking for too much hopefully, but I just want to be happy.

Everyone's got their own mission here, and I'll be happy when mine is accomplished.
It sounds wise, by just meeting the happiness standard ... even though it is quite difficult for some big people who have a greedy nature ... Selling everything at a high price is usually a priority option, but your method is also worth emulating ... at least with this method we can still continue the baton of bitcoin ownership without interruption ... people who do not sell everything when ATH, are wise people and still look to the future ... I salute this plan.
I also don't sell all my bitcoins during the ATH, I will sell some with the consideration that we can wait for a higher ATH, especially for those who already understand and have followed the 4 year cycle, Top ARH is difficult to predict so we have to be prepared for that. Who knows, we can still sell it at a higher price even though it seems greedy, but it must be done with careful analysis and consideration.
Certainly, not selling Bitcoins completely during ATH (All-Time High) can be a logical strategy.  Most investors prefer to sell shares, as they want to wait for a higher ATH.
 While following a 4-year cycle, predicting the top ATH is challenging, it is possible to make predictions using market analysis and past trends.  Despite being greedy, higher prices may have the potential to sell for profit.  However, this should be done with careful analysis and consideration to avoid making wrong decisions and ensure maximum profit.

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Re: What about your exit Plan ?
« Reply #96 on: August 16, 2024, 01:21:19 PM »


Offline Wiseman

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Re: What about your exit Plan ?
« Reply #97 on: August 16, 2024, 02:28:48 PM »
In order to exit long-term investments correctly, you need to plan the time and price of exit correctly, that is, you need to decide how long you are willing to wait to sell at a certain price X and if this does not happen, you should plan another outcome in which you will need this money or you will see that the bar you set for yourself is unattainable, you will need to reconsider it and sell this asset much cheaper than the expected price, but it is worth considering that there are always waves of peaks and declines in the market and if the market is currently peaking, then you should not invest now, for example, 3-4 years ahead, it is better to wait a year and only then start investing, with exiting the market everything is the same, only the other way around and you need to plan the exit for exactly the time when the market is expected to peak, this time it is the end of the year, the beginning of the next.

Offline Jamal Aezaz

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Re: What about your exit Plan ?
« Reply #98 on: August 16, 2024, 09:07:42 PM »
My exit plan would be to sell as few bitcoins as possible, just for me to be able to have a good life.

I'm not asking for too much hopefully, but I just want to be happy.

Everyone's got their own mission here, and I'll be happy when mine is accomplished.

People like you who are satisfied with little profit are wise individuals and they will easily enjoy their little profit while those who have a high level of greed can never become satisfied with their earned amount.

Such thoughts are good and I appreciate it because those who become happy with little amount can control their emotions easily and eventually their accumulated profit is more than hoped. Happiness and satisfaction should be the priority because if you can be happy with little profit then it will be enough for you otherwise you will wait again and again and will lose the appropriate chance at the end.
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Offline SamReomo

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Re: What about your exit Plan ?
« Reply #99 on: August 16, 2024, 09:21:43 PM »
There's actually no exist plan for me because I'm going to hold my Bitcoin for long term, at least for next 10 to 20 years and I hope by then I might not need to have any financial worries.

In this bull run I do buy and my coins time after time to secure profit for me and I believe this cycle is going to last at least a year more and that's why I'll keep buying and selling and make profits time after time.
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Offline Crypto Library

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Re: What about your exit Plan ?
« Reply #100 on: August 16, 2024, 09:29:39 PM »
Certainly, not selling Bitcoins completely during ATH (All-Time High) can be a logical strategy.  Most investors prefer to sell shares, as they want to wait for a higher ATH.
 While following a 4-year cycle, predicting the top ATH is challenging, it is possible to make predictions using market analysis and past trends.  Despite being greedy, higher prices may have the potential to sell for profit.  However, this should be done with careful analysis and consideration to avoid making wrong decisions and ensure maximum profit.
In my personal point of view I don't think the bitcoin bull season has started yet and so We don't need to make sell as this quickly because if we want the best profit in this season we have to wait the 2025 first Q.
Although everyone have different strategies but my exit point would be in this bull season on at leat the 100k. Although I also would like to hold the fund for more cycles. And I will also continue my DCA investment on bitcoin as well.

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Re: What about your exit Plan ?
« Reply #101 on: August 16, 2024, 09:49:51 PM »
Certainly, not selling Bitcoins completely during ATH (All-Time High) can be a logical strategy.  Most investors prefer to sell shares, as they want to wait for a higher ATH.
 While following a 4-year cycle, predicting the top ATH is challenging, it is possible to make predictions using market analysis and past trends.  Despite being greedy, higher prices may have the potential to sell for profit.  However, this should be done with careful analysis and consideration to avoid making wrong decisions and ensure maximum profit.
In my personal point of view I don't think the bitcoin bull season has started yet and so We don't need to make sell as this quickly because if we want the best profit in this season we have to wait the 2025 first Q.
Although everyone have different strategies but my exit point would be in this bull season on at leat the 100k. Although I also would like to hold the fund for more cycles. And I will also continue my DCA investment on bitcoin as well.
If you're optimistic towards the market, you might think that the bull run might start as early as Q4 of this year, but if you're thinking realistically, Q1 of 2025 would be the most realistic one.

If we will look at how Bitcoin's price moved in 2020, the price remained stagnant for most of the year, and it started to went up at the month of October. Will it happen again this year? It might be. I mean we still have more than a month for it to happen. There's a chance that it can happen if it will repeat what happened in the past. As an investor, we must focus on what we must do and that's to continue to accumulate still. I mean if you will buy at this time, and will wait for Bitcoin to reach $100,000 then you can nearly double your money in just a span of a few months. That is, if the bull run will happen in either Q4 of 2024 or Q1 of 2025.

Whatever happens, don't fall in love with your assets, and always, always have an exit plan. We are investors and our main priority is to make profit and the profit only comes when we are selling our assets. :)

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Re: What about your exit Plan ?
« Reply #102 on: August 16, 2024, 09:56:58 PM »
I perceived trading to be a difficult thing for one to learn. It depends on your level of expertise for you to be perfect in it. That's not what you should learn by yourself; you need a mentor to mentor into it. Your level of interest will determine how long it will take.

I have seen someone who learns how to trade perfectly within 3 months and someone else in 6 months to master trading. It's all about their engagement tidings and how personal they took trading to be that's what took them that long since trading requires someone's time and focus all the time.

Yup, I can agree with every single word of yours just in the first paragraph haha, That really depends on how long a person takes to process the basics because its your intentions that decide your future potential and the learning time required. Trading is a massive domain and there are some full time career options in trading not by just trading even if you are good at decision making you can get many opportunities. personally, if you are good at learning and processing multiple things, you should try a week or more to learn about trading.
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Offline satpol_PP

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Re: What about your exit Plan ?
« Reply #103 on: August 16, 2024, 10:06:35 PM »
Certainly, not selling Bitcoins completely during ATH (All-Time High) can be a logical strategy.  Most investors prefer to sell shares, as they want to wait for a higher ATH.
 While following a 4-year cycle, predicting the top ATH is challenging, it is possible to make predictions using market analysis and past trends.  Despite being greedy, higher prices may have the potential to sell for profit.  However, this should be done with careful analysis and consideration to avoid making wrong decisions and ensure maximum profit.
In my personal point of view I don't think the bitcoin bull season has started yet and so We don't need to make sell as this quickly because if we want the best profit in this season we have to wait the 2025 first Q.
Although everyone have different strategies but my exit point would be in this bull season on at leat the 100k. Although I also would like to hold the fund for more cycles. And I will also continue my DCA investment on bitcoin as well.
Many people say the bullish season will happen in Q1 next year 2025, so be patient. We have not entered the bearish, we should wait for the bitcoin price to reach $ 100K then we can sell our bitcoins to make a profit. We don't need to rush to conclude this is bearish, this is just a correction from bitcoin that causes the altcoin price to fall.

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Re: What about your exit Plan ?
« Reply #104 on: August 16, 2024, 10:42:13 PM »
I perceived trading to be a difficult thing for one to learn. It depends on your level of expertise for you to be perfect in it. That's not what you should learn by yourself; you need a mentor to mentor into it. Your level of interest will determine how long it will take.

I have seen someone who learns how to trade perfectly within 3 months and someone else in 6 months to master trading. It's all about their engagement tidings and how personal they took trading to be that's what took them that long since trading requires someone's time and focus all the time.

Yup, I can agree with every single word of yours just in the first paragraph haha, That really depends on how long a person takes to process the basics because its your intentions that decide your future potential and the learning time required. Trading is a massive domain and there are some full time career options in trading not by just trading even if you are good at decision making you can get many opportunities. personally, if you are good at learning and processing multiple things, you should try a week or more to learn about trading.
[/quot
If we have expertise and experience in trading we can get bigger profits than just holding long term, with big capital. because if our capital is small the profit we will get is also small. Many people are trying to learn trading, I am too but I am not an expert in trading because I do not focus on learning.e]

 

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