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re: Official CryptoTalk Thread

Posted on 2/28/24 at 10:58 am to
Posted by Lawyers_Guns_Money
Member since Apr 2015
394 posts
Posted on 2/28/24 at 10:58 am to
What's everyone's plan then?

frick it, I am setting the below plan for myself. This allows me to get my dream land on 100 acres.

- $150k BTC Target
- $5k ETH Target

This is super greedy too, might need to revisit
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25957 posts
Posted on 2/28/24 at 11:00 am to
quote:

What's everyone's plan then?


12x to 15x
Posted by Hateradedrink
Member since May 2023
1347 posts
Posted on 2/28/24 at 11:19 am to
I actually think those are conservative targets.

If those targets get you what you want, I would think hard before adjusting.
Posted by thatguy777
br
Member since Feb 2007
2393 posts
Posted on 2/28/24 at 11:19 am to
$5k ETH is $200 higher than the ATH. If we break ATHs on ETH I doubt it stalls $200 higher, maybe in the very short term, but not medium to longer term. Basically I don't think your target on ETH is greedy.
Posted by Hateradedrink
Member since May 2023
1347 posts
Posted on 2/28/24 at 11:23 am to
quote:

What's everyone's plan then?



“It depends”

The ETF has shifted my expectations for BTC to more aggressive targets. Some alt coin news and growth for my holdings has shifted my targets for those.

Basically, I’m looking at where my alt holdings are compared to other established alts that haven’t had big news/changes. If they’re further ahead than I would expect them to be, I shifted expectations a bit.
Posted by BottomlandBrew
Member since Aug 2010
27218 posts
Posted on 2/28/24 at 12:04 pm to
quote:

What's everyone's plan then?


It depends on the coin, but it's generally selling 10% of certain stacks at price points up until I'm 80% sold. 20% will remain in the market, and 33% of the profits (after taxes) sit in cash until large dips. TBD if the 4 year cycle is broken or not, so who knows if we see any very large dips.

I'm no longer in DCA-in mode. I'm in ladder-out mode. For example, I'm starting to ladder out of ETH at $4k, then every $2k after that all the way up to $18k. Do I think it goes to $18k this cycle? Eh, it's a long shot, but if it does, then my family will be in a good spot with no debt, a much needed addition on our house, and some money for the kids' education. Will I be rich? No. Will I be happy? Yes.
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