easier said than done...I thought I had it licked last time
What works for me is an honest assessment of my needs, wants, and expectations. In my case, the assessment must be worked out before the prices get to life-changing levels. This produces a plan whose outcome I'm happy with.In the heat of frenzied bulls raging, there is still some wiggle room for tweaking a few percentage points, as jbreher admitted, but the actual execution of the plan requires little thought.
I find it easier when framed as "Do I still need/want/expect what I needed/wanted/expected when I was planning? Well, here it is, ready for me to pick."
Prices to the moon.
How much do I sell? Do I?
Problems worth having.
Even if you have a good plan and you largely follow your plan, there can still be a decent amount of trepidation during the process of the BTC price going UP like a bat out of hell...
In many cases, can cause a large number of folks to second guess their plans... and gosh, when the price comes down to less than 1/5 of what it had been, then there is a kind of opportunity cost regret...
Takes some decently strong willpower to go through all of that - and even the longer term BTC HODLers seem to weather through the situation with some ongoing trepidations - so it does make some sense that even the longer term HODLers should skim, at least a small amount of BTC, off the top whenever there is a decently-sized BTC run, even if such shaving/skimming will merely provide partial rather than complete relief for the seemingly long enduring and decently uncertain BTC price correction period.