RE: Why I'll Sell Bitcoin if it Reaches $17,000 Soon

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Why I'll Sell Bitcoin if it Reaches $17,000 Soon

in bitcoin •  7 years ago 

Hello cryptoinvestor, I think the optimal strategy would be to hold small amounts of btc and use some sort of trailing stop, instead of entirely off-loading your holdings at 17k. Given the nature of irrational markets, the run-up could likely exceed your expectations.

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I won't be fully offloading at 17k - just a decent chunk. Maybe just the amount I bought at $11.5k and hold rest.