Selling All Crypto by October? 🤔 You're planning to sell all your crypto holdings by October, not because you're bearish, but because you've seen this pattern before. Most think Altseason will last 6-8 months, but you believe otherwise.
Altseason Timeline: ⏰ According to some predictions, the altcoin season might occur in Q4 2024 or early 2025, with Bitcoin reaching key price levels ($70,000-$100,000) by late 2024–early 2025.
Exit Strategies: 📈 To maximize profits, consider these exit strategies ¹ ²:
- Exit by Portfolio: Sell assets based on your portfolio's total value, like when it reaches a certain threshold.
- Exit by Return: Sell holdings when a specific percentage return is achieved, like 100%.
- Exit by Cycle: Sell at the cycle's peak, minimizing losses when the asset's price drops.
Tips for Selling at the Top: 📊
- Set clear price targets and sell portions of your holdings as the market reaches them.
- Use technical indicators like the 200-day moving average (MA200) or Relative Strength Index (RSI) to signal when to start exiting.
