What’s your exit strategy for ETH & Donuts?
What’s your exit strategy?
One well-known habit of “The 7 Habits of Effective People” is “Start with the End in Mind”. In the context of crypto investing, this means that you must not only be disciplined enough to DCA into your portfolio - regardless of market movements - but also be firm enough to apply a DCA out strategy.
ETH and Donuts have risen in value in recent times, giving us hopium that the worst of the bear market will be behind us. The Dencun upgrade that happened on March 14 worked marvellously without a glitch. Base and OP have now become cheaper than SOL.
And that’s not all. ETH is not resting on its laurels. Developers want to integrate it with AI; it is highlighted as the preferred choice for the tokenisation of assets; and Vitalik seems committed to alleviating the current high validator load problem. It is likely to grow much bigger and better.
Hence it seems that people are hopeful for a $5k (at least!) rally. With all this in mind, how are you formulating your exit strategy? Do you intend to take out a proportion of your profits each time ETH surpasses your average selling price - and leaving the rest to hopefully generate more profits? Or are you waiting for the flippening to occur and hoping to make more substantial gains? Or is ETH your exit strategy - you are hoping that widespread adoption by businesses will happen so that you can use ETH in your everyday transactions?