I.know there is a separate thread for crypto but was looking for advice on harvesting bitcoin gains. Thinking of selling a small stake to capture some gains. Price is currently $107k per coin. Thoughts?
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bitcoin run up?
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Last: 1 day ago by Tormentos
No one ever went bankrupt booking gains.
unless you need the cash, why bother?BmtAg96 said:
I.know there is a separate thread for crypto but was looking for advice on harvesting bitcoin gains. Thinking of selling a small stake to capture some gains. Price is currently $107k per coin. Thoughts?
BITCOIN PRICE ON INAUGURATION DAYS:
— TexasBTC_FTW (@Kurt_Kokain) January 20, 2025
2009- $0.00
2013- $15.70
2017- $895
2021- $35,500
2025 - $108,000
Now down to $105k
Thinking I agree
FYI, I think everyone should have a sell price, otherwise what's the point of having the asset? It would just be a memento then. Mine's currently $10M.
Just wait until they announce the strategic reserve....then take some profits.BmtAg96 said:
I.know there is a separate thread for crypto but was looking for advice on harvesting bitcoin gains. Thinking of selling a small stake to capture some gains. Price is currently $107k per coin. Thoughts?
Clear Eyes. Full Heart. Might Lose
This is why I like having some ETF exposure along with some actual BTC. I use the ETF to do covered calls and have a bunch of covered calls in place to hopefully capture some additional premium in this run-up. I fully expect some co tracts to get called as i executed quite a few mid last week. Actual BTC I just hold.