Hey there, friends!
We're back at it again, cracking the code on all this financial stuff. Remember, we're in this together, breaking down the fancy jargon and making this whole money thing make sense. Swing by my Twitter(X) @Lumberhawk- I keep the conversation going there with more insights and real-time updates.
That being said, today, we're going to talk about my personal bull market exit strategy... It’s a working, living, forever changing plan, so I may or may not stick to it 100% because I’m going to have to do my best to read the tea leaves in the moment. The important part is that THERE IS A PLAN.
If you don’t have a plan, euphoria will hurt your decision making! Almost for sure.
As a matter of a fact, the only people who don’t need a plan are those who are going to just stack Sats forever, and never sell (or at least not in the next couple years) regardless of price. Even if we hit $1,000,000. There is nothing wrong with this, nearly zero risk, low stress plan (I guess even this is still a plan…)
I’ll say this part bluntly… I give away nearly everything here for free, but this has to be paid subscriber content. So, for some of you, this article is just to tell you that you need a plan. Now go make a plan and write it down!
For the rest of us, the following is what I am looking at, when I am looking at it, and why I am doing what I am doing (more or less) …
I have 2 “bags” that I treat differently.
The first is my self-custody cold storage BTC savings, which is my long term forever freedom money. The 2nd is “everything else” which is a variety of custodial, or BTC proxies, and even a few true shit-coins that I speculate on. All of which I have with the goal of outperforming Bitcoin and being sold this cycle to accomplish my real-world goals.