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The common wisdom in here seems to be DCA into bitcoin for safe returns. My question is when do you realize those returns?
What pricepoint for bitcoin would you sell? I've seen estimates on here for 2x-10x as realistic bitcoin targets for the next bull run.
What do you expect for the next crypto winter? Will prices return to where we are now? Will the average be higher? lower?
I know this is all speculative, but in the past it seemed that a lot of people here were invested in bitcoin for the long long term. Now I'm getting the impression that more people want to realize their gains when possible, but I wanted to get a better feel for that.
My question is when do you realize those returns?
depends if you are a wannabe trader or a holder...
if you are a real trader depends on your profile.
If you want a quick feel good about yourself rush, sell at any profit. and come cry to twtter many years later
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No, I try to live on Bitcoin standart, only exchange for fiat when I need it short term. Only reason to change more than to fiat could maybe be if I could see some investement perspectives in some company.
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Only for an emergency.
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I plan to start to DCA out when we're at 3x or 4x the mav500. And hopefully re buy what I've sold after a +50% drop.
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I am personally not buying for the short or medium term, so no plans to sell for the next few years. Would only sell some if another nice opportunity appeared like buying a piece of land or a house lol