Sunday, November 14, 2021

My Bitcoin Exit Strategy

One third of my bitcoin will remain in place.

For the other two thirds I will scale out as follows.

1) at equal parts at a $ 100.000 and at further increments of $ 50.000; and

2) fully (or the remainder) if NUPL goes above 0,75.

If none of this happens I guess I keep it all and wait for the next halving cycle.

Timing wise I expect a top anywhere between December 2021 and May 2022. Before we reach the top we will probably go parabolic. In the last month of near vertical ascent look out for moves of 10% to 25% in a day. If that happens you'll know the party is almost over.

This is not investment advice. Do your own research. Please also read the disclaimer at the bottom of the blog.