What’s your exit strategy?
1 min read
As the famous saying goes, “if you fail to plan, you plan to fail.” Having an exit strategy is paramount when we invest in the crypto space. Fixing action plans beforehand helps to still the nerves when shit happens because all we have to do is to execute them.
This means that some of us regularly visit GitHub to determine if the coins we are holding belong to lively communities or dead towns. Others know that they should ditch their bags when they see genuine supporters being bombarded with downvotes and negative remarks by the developers on Discord and Telegram. Yet others examine the tokenomics of their coins and decisively cut their losses when they see that their coins are unlikely to attain ATH again.
What is your exit strategy? And do you have a re-entry strategy?
submitted by /u/cryotosensei
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