this time, it's launching from 450
my question to you is, when are you selling?
my question to you is, when are you selling?
I have a resolution of not selling any below 2000.
I think that's an easy one to keep because the sell zone in the exponential trendline starts at earliest +0.4 points and we are there earliest mid-July at 4700. If it postpones till August or longer, it also goes higher.
I aim to sell at the top only, probably starting at 3000 and when it feels toppy. Apr-2013 my selling plan had just started the day before collapse. Nov-2013 I was too early (675) but managed to sell in bulk. It is hard to know the shape of the bubble top.
The ambitious plan is to buy back the same number of coins in the following crash, and use the proceeds to finish the castle repairs and miscellaneous expenses.
Thanks for your input. I’m interested to know your thoughts on the relationship between adoption and price and how this may affect your strategy. So far it looks like adoption and price are following each other and with continued adoption it seems highly likely that the price will continue to increase.
So far however, buyers and holders of btc are mainly small time individuals. In the likely event that Wall Street comes on board a few large players could seriously disrupt this correlation between user adoption and price. If you are basing your selling on your trend lines and Wall Street moves in quickly isn’t it likely that you may end up selling before the trend line has been updated?