Where is Fashioncoder? She was gone for a few months but now she is back on YouTube. Now she uses her real name of Rachel Laub for her channel and she brands herself as your Crypto Bestie. Rachel is making bite sized videos about one issue at a time. Just a few hours ago this 8 minute video on crypto exit strategies went live on YouTube.
Rachel has a 2 camera system now. Most of the time we see her looking straight ahead but twice we see her profile from a side camera view. Many YouTubers do this and we also see it in TV interviews.
Moving on to the video's content. Rachel tells us the importance of an exit strategy so we plan and execute our moves based on that plan rather than acting randomly based on emotions. She mentions selling a bit at predetermined prices. Or we can sell a certain amount every week or month. This would be a way to DCA out lime we can Dollar Cost Average in with regular buys.
Its pretty good advice but pretty generic. I'll mention a strategy I like for exiting Bitcoin. First this is a way to sell some but not all of your Bitcoin. Sell whenever the price is up 10K and sell the same dollar amount. Aim to sell about 2% or less of your Bitcoin on the first sale and then you'll sell less and less to get the same amount of dollars as the Bitcoin price goes up.
Here's the video. It is 2 hours old and has about 80 views so far. I like that Rachel is working on her video making craft and I think she's doing well. It takes time to find your style. I like the pixelated animations she added near the beginning and at the end of the video. I feel the ending one went a little too long but still, its cool.
Do you have a crypto exit strategy to share, in order to maximize profits?
My Activity
today was minimal since it is below freezing outside! I got out a few times just to check the mail and put out garbage and do a little exercising on the front lawn. But there was no way I was taking a walk tonight. It will be cold the next few days but better on Friday and the weekend, so I'll be back to walking then.
Stay warm! Have a nice day!
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