So, who wants to call a top now? Or do we want to wait until this rally gets undeniably going? I'm planning on selling small, yet growing portions of my stash all the way up to $737.40, trying to buy the dips.
I'm... urm, not sure I'm actually going follow it. But It's always good to have a plan.
That $737.40 price target seems pretty decent, and fairly reasonable..... though I am curious to see how long and what intensity (how much volume) prices were to rise through the $500s and $600s.. and would we make it through all of that unscathed and how quickly?
Let's say, hypothetically prices go up to your price target within the next few weeks, do you run out of coins at $737.40? or are you down to something like 25% of your stash at that point?
Even though I am engaged in a similar strategy as you (to sell on the way up and buy on the dips), personally, I am too chicken shit to sell too many coins at any one point in time, so even if prices were to go to $737.40 in a scenario that you seem to be suggesting, I would likely continue to hold about 80% of my BTC investment in BTC.
That's my tentative plan, anyhow... Emotions of the moment could, however, change my plan a little bit, to either not sell enough or to sell more than planned.