Cramer selling some bitcoin.

Discussion in 'Crypto Assets' started by S2007S, Apr 15, 2021.

  1. S2007S

    S2007S

  2. Axon

    Axon

    I sold about a quarter of my stack when it hit 64500 on Kraken a few days ago. Even in a meteoric rise, bitcoin regularly retraces 30% or so before taking back off. Happened multiple times in 2013, 2017, 2019 preceding the eventual big dump, and it happened in January 2021 though the next big dump is still over the horizon. I'll either get back all in on the next 30% retrace or sell more as it keeps going up. When I finally sell out, I'll wait for the big 80+% crash to get in. That'll happen too. Either way good times are being had.
     
    Last edited: Apr 15, 2021
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  3. I've seen the home Jim's talking about, was house shopping in the same neighborhood in NJ. Good for him
     
  4. S2007S

    S2007S


    Probably in the few million buck ranges
     
  5. krugman25

    krugman25 Guest

    Same story here. I locked in some gains and paid off all of my debt in Feb. I still have a sizable crypto stack that I will sell in bits at higher prices but if we don't hit those and get a major bear market I will be back to buying again.

     
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  6. S2007S

    S2007S

    The ride in all asset classes is just insane at the moment.

    There isnjust no way the trajectory we are can continue like this. There is going to me a sweet drop in equities cryptocurrencies and all bubblicious priced assets very soon.
     
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  7. Overnight

    Overnight

     
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  8. S2007S

    S2007S

    Sooooooo probably forrrrr......


     
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  9. zenlot

    zenlot

    One never sells Bitcoin. If it retraces, you just buy more. What you'll be selling it into? Fiat? Why?
     
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  10. JSOP

    JSOP

    #10     Apr 15, 2021