When and How I Plan on Selling Crypto: My Updated Strategy

TLDRCrypto market gains have been incredible, and I share my updated plan for when and how I plan on selling. I consider key insights, potential catalysts, and market conditions to make informed decisions.

Key insights

💎I plan on dollar cost averaging out of the market or selling completely when specific criteria are met.

📈I'm not currently actively buying many cryptos, but I'm keeping my crypto earnings in the market.

🌍I pay attention to global liquidity, CPI inflation, and interest rate trends as potential indicators.

🔍I monitor catalysts like the approval of a spot ETF, countries buying Bitcoin, and public companies investing in crypto.

💰If multiple catalysts align and the market becomes frothy, I'm likely to start taking profits.

Q&A

What's your plan for selling crypto?

I plan on dollar cost averaging out of the market or selling completely when specific criteria are met. I consider global liquidity, CPI inflation, interest rate trends, and various catalysts.

Are you currently buying more cryptos?

I'm not actively buying many cryptocurrencies right now. Instead, I'm keeping my earnings in the market and monitoring the market conditions.

What catalysts do you monitor?

I pay attention to catalysts like the approval of a spot ETF, countries buying Bitcoin, and public companies investing in cryptocurrency. These factors help inform my decisions.

Do you have specific price targets for selling?

I don't have specific price targets for selling crypto. Instead, I focus on market conditions, catalysts, and my established criteria to determine the right time to take profits.

What will you do with your profits?

If I start taking profits, I'll likely reinvest in other opportunities, diversify my portfolio, and set aside a portion for long-term savings and financial goals.

Timestamped Summary

00:00Crypto market gains have been incredible, and it got me thinking about when and how to sell.

03:50I analyze the rational root chart to understand market cycles and timing for selling.

07:10Specific criteria I consider include global liquidity, CPI inflation, interest rate trends, and various catalysts.

08:30I monitor catalysts like the approval of a spot ETF, countries buying Bitcoin, and public companies investing in crypto.

10:00If multiple catalysts align and the market becomes frothy, I'm likely to start taking profits.

12:10I address frequently asked questions about my selling strategy and future plans for crypto profits.