When To Sell: Creating Rules for Taking Profits

You can’t predict what the market will do, but since it feels like we’re entering the Fun Times in crypto again, let’s be responsible and think about selling.

This is something I’ve done a poor job of historically. I rode the high from September through November and took nothing off the table. Whoops. 

So I spent more time thinking about how and when to sell in the last couple of months. I don’t have all the answers, but here’s how I’m thinking about it.

When you buy anything in crypto, there should be three times you sell it:

• When one of your ratios breaks
• When it hits your price target(s)
• When the “money pile” feels off