2021 was my first bull market. I definitely made some money, but for the most part, I held all the way down through the bear. This coming run I wanna be more prepared, so I made a little strategy. Hope this can help others out. If anyone has any changes they think could improve the strategy please share!
It basically follows these rules starting Sept 2024:
Exit once monthly only on GREEN DAYS
DO NOT BUY MORE CRYPTO AFTER APRIL 2024
25% of cash received from crypto selling will be used to buy back into BTC
75% of cash to be stored within a high interest savings account. To save for taxes/personal use/etc.
Selling will go as follows:
September 2024 – Sell 4% of all holdings
October 2024 – Sell 4% of all holdings
November 2024 – Sell 4% of all holdings
December 2024 – Sell 4% of all holdings
January 2025 – Sell 4% of all holdings
February 2025 – Sell 8% of all holdings
March 2025 – Sell 8% of all holdings
April 2025 – Sell 8% of all holdings
May 2025 – Sell 8% of all holdings
June 2025 – Sell 8% of all holdings
July 2025 – Sell 10% of all holdings
August 2025 – Sell 10% of all holdings
September 2025 – Sell 10% of all holdings
October 2025 – Sell 10% of all holdings
All crypto sold except for BTC by November 2025!
The hardest part will be sticking to it, but I got to remind myself that it doesn’t matter if BTC goes higher or if I miss selling at the absolute peaks. Profit is Profit and I think sticking to a proper strategy like this will lead to success!
submitted by /u/myheadsexplodin
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