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Anonymous

22 Oct 2021

Cryptocurrency

What is the best exit strategy for crypto?

Exit strategy for crypto

Discussion (20)

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I transfer them out of the exchange to wallets, namely Celsius and MetaMask.

I stake my coins on Celsius and earn interest :)

Join Celsius using my referral code 15347136c5 when signing up and earn $50 in BTC with your first transfer of $400 or more! Or you can click on my referral link: https://celsiusnetwork.app.link/15347136c5

Robin

04 Nov 2021

Administrator at SG

I converted majority of my coins into Dai from Coinhako.

Then transfer the dai to Hodlnaut. In Hodlnaut, you can convert dai to USDT or USDC for free to get 12% interest per annum.

You can use my referral link for Hodlnaut if you need. Referral code OmxbA6X-A and earn USD20 equivalent after making a deposit equivalent of US$1,000 or more in a single transaction on any supported assets.
https://hodlnaut.com/join/OmxbA6X-A

Personally, i would hodl Bitcoin and only sell some if I need cash or I need to sell it to buy some interesting and short term profitable crypto.

The rest of the crypto sell some when in profit, for example if I gain 30% profit i sell 30% of it into stablecoins, bitcoin or into other investments, and let the rest run.

In your portfolio always hold some % in cash/stablecoins in order to buy the dips. But i will never exit entirely especially Bitcoin.

Remember to sell high and buy low and also,

Portfolio allocation management is key.

Cryotosensei

Edited 30 Oct 2021

Blogger at diaperfinancingfund.blogspot.com

I suggest that the best exit strategy for crypto is one that sparks joy.

To reach this Zen state...

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