How do you establish your exit strategy?
1 min read
Today I spent some time going through all of my tokens and attempting to set a price for each at which I would sell my positions. The problem I am facing is I do not know if this is the best strategy to follow to close my positions.
The other strategies for selling are as I understand:
Guess what price the token will reach e.g. $10.00 per coin Set a % gain from your cost basis which you will sell your position e.g. 2x or 5x Sell everything when the bitcoin rainbow chart enters “Sell. Seriously, SELL” (not a joke) Leave it too late and hold bags for 3 years until the next bull cycle
What should I do?
submitted by /u/flufyduky
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