Goals For This Bullrun

in voilk •  3 months ago

    This dip/ correction allowed me to accumulate a few more coins, and now I'm just waiting for things to pick back up.


    Source


    Holdings

    I won't go into detail about what I hold, or what I hope they'll do over the next few months, but I'd really like to see everything at least double.

    Hive is my largest holding and I'd like to see - and can see - it reach around the $0.90 - $1.20 mark. The Hive price is holding up fairly well right now and can easily go harder.

    I don't know when the "alt season" will happen exactly, but at some point soon - hopefully - we should see a steep rise in nearly everything.

    My portfolio isn't too diversified and I have about $400 - $200 in a handful of things, and then down from $150 - $50 in a few low caps that I think could do something.

    I don't really have any loaded bags, apart from Hive, I suppose, but I'm doing alright in general.

    The only problem I have at the moment is figuring out a price I want to start selling.


    Source


    Selling In Portions

    About six months ago I made a regrettable mistake.

    I had been buying Solana for in and around $10 and I gathered around 10 of them, then the price shot up and I decided to sell at $30 so I could get back in lower. Well, it hit $30, triggered my sell order, and then bounced right back up.

    In two minds I stared at it and decided to not take a minor loss, (getting back in at around $33), and I instead watched it ride all the way up to where it's at now.

    I learned a valuable lesson. Never Sell Everything. From then on I decided to sell 5-10% of a particular holding, and the goal is to sell as it rises.

    Doing so gives me the chance to see where the price is going, and adjust my sale prices accordingly.


    I know I'm not going to make silly money this run, but I'm hoping to get double, maybe even a cheeky triple from where I'm at currently, which would be amazing, not life-changing, but still very good.

    My goal is to eventually sell everything before it falls, squirrel it all away over the course of a year or two and when the market hits the floor I'll scuttle out like a cockroach to feed on the decay. Maybe in the next cycle, I'll be sitting on life-changing, or at least life-altering money.

    In saying that though, my goal right now isn't to cash out and live on it, my holdings are purely savings for the future. Long-term gains.

    Timing when to get out during this cycle is obviously the hardest part of the plan, but as I say, I have a figure in mind right now. That figure might increase as the winds start to really pick up... Or the bubble will burst before I get out and I'll be selling my booty like a common hoe.

    I'd better get a ball gag and a pair of fishnets ready just in case.

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