Wednesday, 16 September 2020

A question for people holding 2 or more Bitcoins...

Assuming PlanB is correct and Bitcoin overshoots the 100k price target in the upcoming bull run to say 200-250k, what is your opinion on the best strategy?:

1). Hold all your bitcoin and don't sell until 1 million.

2.) Sell a fraction of your portfolio and cash out, dollar cost averaging from 100-250k, and then take a large fraction of that cash and reinvest when the price corrects by 80% back to 50-75k. You then end up with more Bitcoin from the profits for the next cycle.

submitted by /u/Join_The_Resistance
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