I am Baaack!
Did You Miss Me?
I hope not but I guess you could not wait for my Next Episode, of βππ§ππ£ ππππ ππ π¦π£ πΉππ₯ππ ππ!
Remember Germany?
They sold their BTC at 54Km they did not even try to wait for the Trump Pump.
I at least waited for the orange man to pump my bags, but as I told you last week I am selling:
Selling At The Top
Look we all know the story, and BTC has followed a certain cycle.
Many of us want to believe in super cycles and more fantasies but in the end, crypto is business as usual.
You will not be spared because you are a true believer. The market truly does not care and can be easily manipulated by internal and external players.
We got one dump, and babies are crying the top is in. Well, let me tell you it is not.
There are two reasons why.
Yes, the market loves round numbers and we kissed 100K but the market was manipulated not to break 100K. This should happen a bit later, it should coincide with the build-up to the Trump inauguration.
Secondly, because I predicted...well calculated that based on the BTC history the top lays around 120K.
ItΒ΄s not crystal ball predicting, itΒ΄s a calculated guess.
From Top To Top
2011 $1 to 2013 $950 = 950X
2013 $950 to 2017 $20,000 = 20X
2017 $20.000 to 2021 $68.000 = 3.5X
ItΒ΄s of course a bit early and we lack data to understand the diminishing sequence but letΒ΄s do it anyway
From Bottom To Top
LetΒ΄s also take into account the reduced increases from the bear market bottom to the bull market top:
- 2011 $1 to 2013Β΄s $950 is 95000%
- 2015Β΄s bottom was around $222 and then up 9000% to the 20K in 2017
- 2020 Bottomed out at 4K and 2021 ended at 68K 1700%
By following the above sequence the logical next number would be:
Just about 2.1!
This means 800% from Bottom to top which is 8 times 16K = $128K
And that Dear Reader is why I started selling.
Selling On My Way Up
If the cycle is identical, yes, Nov 2025 will be the peak.
But smart money takes profit and does not care about peaks, making money is the business they are in.
They are not chasing the moon.
They are filling up their deep pockets.
16% in Stables by December 6th
I told you my plan!
It told it many times.
My plan says I have six months.
Six months from when Trump Pumped my bags (November the 5th) is the 5th of May.
Coincidentally that is Dutch Liberation Day.
And boy do I plan to liberate myself!
I want to get rid of all my ALTS in my Selling portfolio by the 5th of May 2025.
Sell in May and Go Away has proven to be always too late.
Because smart money sells in March & April.
So if you want out, you want to be out before May.
But getting out is hard.
Right now after 3 weeks of selling, I just hit 10% in stables. I need some serious ALTSZN to sell another 6% this next week.
Crypto is a Drug
Crypto itself isnΒ΄t so much the greed, but it is that damn Gospel of Greed. That gospel is sung by Loreleis on cliffs with one goal.....getting you REKT.
If you have been around long enough you know exactly what I am talking about.
If you have been here the whole Bear Market you know how low Crypto can go.
Remember that bear markets make you rich meme?
You can not explain that to people on the sideline.
Or those who only got in since the orange man won.
But I have been there all phases of the Bear Market, grinding and planning. But above all reflecting on my mistakes.
The grinding will show its true colors over the next 5 months.
My plan will be executed .....
Nothing goes exactly to plan. But to the best of my abilities.
The lessons learned:
- most coins peak
- some coins will reach new all-time highs
- all ALTS will eventually dump
ALTS are like a box of chocolate, you never know when they peak.
But I do know that over these 6 months I will be selling a bit at every peak.
DCA OUT
If you know me you know I think DCAing is lazy and no fun.
Sell the peaks and buy when there is blood in the streets.
That is how I grew balls and my bags.
But if you DCA in you probably should start to DCA out.
I will sell out when the euphoria is roaming the streets and lately, that has been on Saturday.
Probably because that is the only day retail has time to buy.
And I am in a giving mood, I gladly give in to their euphoria and share some of my ALTS at a price that still might do 5 to 500X.
Simply because crypto is like a box of chocolate you never know if an ALT will ever pump again.
My plan was to set dump goals, and the overarching plan is to dump enough on the euphoria peaks to be without ALTS in my selling portfolio by May 5th, may the 5th be with me.
Do I care about the money?
Actually, I donΒ΄t.
I care about the execution of my plan.
Why?
Because I made the money in the Bear Market.
I loved it when someone called me Spaghetti Hands, I did not know that was a thing tbh.
Paper hands yes, weak hands sure, but if I have spaghetti hands I lick my fingers.
Look right now I have invested 8.5K over the last 5 years and a lot of time. That is very little to spend on a hobby, I agree.
My net crypto worth is probably close to 4 times my investment.
Hence, I made money on my hobby, great.
But I did that last cycle.
I did an easy 11X overall at my peak moment in November 2021.
And you want to know what I was holding the Sam Baby Fried busted the market?
In November 2022 when Sam Bankman Fluff dumped the market and BTC hit 17K I was buying, I had a net worth of 7.5K and around 6.5K invested.
That was the closest I got to being underwater during this bear market.
What I am saying is;
If you donΒ΄t start taking profit.
If you donΒ΄t plan your exit strategies.
You will end up at a loss.
You will keep buying the beautiful new to the moon hype coins, or holding your ancient last cycle or worse bags, hoping for a new ATH that never comes.
And then you have those that keep buying the dip.
Please be my guest
This is not financial advice.
I prefer you to hold and I see you back at the bottom.
Of course, I also expect the first true peak to be in Q1 of 2025, but if I donΒ΄t start selling now and get into the mood. How would I sell 50K of crypto in April?
ItΒ΄s not about the number
ItΒ΄s just a 5x on my current selling portfolio.
Just ALTS-
I would still own all my Bitcoin because I Never sell my Bitcoin.
DonΒ΄t Buy The Dip
My biggest risk now is the dip.
I currently have 8% in stables so I am not selling hard enough, I need to double that by the next post if we peak.
But what if we get that 30 percent correction?
Do I buy the dip?
I am famous for buying the dip.
I do not DCA, I only buy the dip.
I have been buying each dip since BTC dropped below 40K in 2022 till the day Trump was elected.
And now I have cash on the sideline, would I buy that dip?
Pause
Wordcounter says you are beyond your attention span so I guess you have to stay Tuned and See what I am doing next week!
Thank goodness you made it till the end Pees, Love and I am out of here!
Posted Using InLeo Alpha