Long time lurker, first time poster.
(Long time=August 2017 so its relative)
I know it’s been asked before, but I wanted to know what people’s long term cash out plans are. While we’re all confident that we’re destined for $10, $100, or even $589/xrp, it will be a long and bumpy road with many ups and downs to get there.
We’re anticipating another bull run to happen ~soon, so I wanted to know if anybody has charted out a plan for selling and buying back in on the periodic corrections while XRP continues to grow in value. Basically I’m looking for a more aggressive way to maintain my DCA while cashing out some profits as we go.
I’ve quickly put together the following spreadsheet, in order to view how it would look to sell out and buy back in at various positions. I don’t know the first thing about TA, so these are all just gut feel numbers.
Like you all, I’m in this for the long haul, and I’ve been steadily buying more XRPs any chance I get, and have yet to sell a single Zerp. This chat gives me all the confidence I need to continue Hodling, however I’m looking for a more disciplined approach for my investment than just Hodl, in case we retract another 80% after the next bull run.
Has anybody done something similar, or have any idea what their plans are for selling and buying as XRP continues to rise and fall (and rise)?