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Bull markets ... cash out ? or hodl ? by bitrocker2020

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· @bitrocker2020 ·
$8.10
Bull markets ... cash out ? or hodl ?
![Screenshot 20201123 at 4.16.01 PM.png](https://images.hive.blog/DQmRY8QSuPPZ7EXF2LYKNd2uPWTmHMDkbzanpe62M3TvAk5/Screenshot%202020-11-23%20at%204.16.01%20PM.png)
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One of the most asked questions during a bull run is normally when do we cash out ?  Well ... you are not the only one in this dilemma as everyone is speculating when the big dip will happen. 
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Here is just my opinions on it ... I believe that BTC will surpass the previous all time high and perhaps go all the way to 30k .. however, before that can happen, there would need to have more support as in new money incoming to the space. 
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For now, its pretty clear that from the range of 16k onwards, its just been a lot of FOMO going on without real supporting reasons for it to boom pass the previous ATH.  Unless I'm wrong on this, however we may see it surpassing 19k .. but the outlook of it pushing really high seems bleak
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These are just my opinions and not any financial advise. So when do we actually cash out ?  I do suggest that you start looking at your strategies and perhaps cashing out some at this point and hold the rest to see how far it can go. 
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Another method is actually to run a gridbot on it like bituniverse and get the best available price to sell and if the price continues to pump, it will buy back and resell at a higher price. 
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These are just some methods I use to try to maximize profits. What about you ? When are you cashing out ? 
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Cheers all and have a great day ahead

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@bitrocker2020/bull-markets-cash-out-or-hodl)
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vote details (467)
@acesontop ·
I think we need to first differentiate bull runs from bull markets as they're not the same. For example, what we currently have is a bull run part of a bull market. Considering that I invested in crypto for the bull market then I will probably start selling as of summer 2021. For the current spike I don't plan on selling anything. It's still early on in this bull market and by selling I might be left out for the future ones and the extreme fomo that is yet to come. I believe that in order to make money from bull runs in a bull market you either need a lot of luck or be a market wizard. In a bull market nothing is ever overbought.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@acesontop/re-bitrocker2020-5rmtjg)
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@bossku ·
Thank you for your support. If you haven't heard of VAULT, time to explore. It might be our next payout scheme which I'm looking forward to work with.

https://hive.blog/curation/@hiveupme/hiveupme-latest-update-08-09-2020
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@kgakakillerg ·
Great post the last bull run I didn't cash out quick enough this time hopefully I can cash out some at the right time here's a small tip 👍🏾 @tipu curate
👍  
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vote details (1)
@tipu ·
<a href="https://tipu.online/hive_curator?kgakakillerg" target="_blank">Upvoted  &#128076;</a> (Mana: 0/22) <a href="https://peakd.com/hive/@reward.app/reward-app-quick-guide-updated" target="_blank">Liquid rewards</a>.
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@vangie ·
hmm....gridbot? bituniverse? alien to me, not sure how it work. will need to explore.
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