Crypto Exit Strategies: When Should I Sell My Bitcoin & Cryptocurrencies?
In the crypto industry, there is no such thing as "perfect time." Every day, I see lots of people buying and selling Ethereum, Bitcoin, and other currencies.
It brings a smile to my face when senior Binance creators share their experience, predictions, and insights. This enables junior traders and investors to make the right and wise investment decisions at the correct time.
1. When to sell Bitcoin and cryptocurrencies? The truth is that the timing is based on our crypto goals. If we need money immediately, we may have to make the selling decision urgently. My friends also said that the sale should align with one's financial goals during a specific time.
2. What are the main strategies for selling crypto? There are five of them, including lump-sum sale, dollar-cost averaging out, moon bag, partial exist, and HODL.
What are the opinions and suggestions of seniors regarding the sale of cryptocurrencies?