The original post: /r/cryptocurrency by /u/myheadsexplodin on 2024-12-10 06:42:14.
So I’ve been in crypto last bull and didn’t exit out properly. RIP. Therefore this time I’m determined to plan a ladder out sell strategy. I made an excel spreadsheet that gives me sell levels based on my target price. Will be selling at 7 levels as follows:
For example, if my sell target for ADA is $4
1st Sell level - sell 5% of bag at 55% of target price (2.20)
2nd Sell level - sell 15% of bag at 75% of target price (3.00)
3rd Sell level - sell 20% of bag at 90% of target price (3.60)
4th Sell level - sell 20% of bag at 100% of target price (4.00)
5th Sell level - sell 20% of bag at 105% of target price (4.20)
6th Sell level - sell 15% of bag at 115% of target price (4.60)
7th Sell level - sell 5% of bag at 170% of target price (6.80) - MOONSHOT
What do you guys think of this strategy? Would you change any of the allocations? The other way I was thinking of doing it was sell (5%, 15%, 15%, 15%, 15%, 15%, 20%) in that order for the sell levels. A little more risky.