Some people say hold, and it is going to the Moon. But when to exit? I try to give a rational exit strategy, so every ape will win.
- Discussion of HODL.
When this is said, it is undefined, how long one ape should hold. To the peak of the squeeze at the best. But how do you know what the peak is? The problem here, if you hold on, you might miss the squeeze, because after the peak, when shorts have settled, the shares will go down at an unbelievable speed. You might loose and end up at the bottom. I doubt if you can do it by setting stop losses. They might be overrun.
- A possible Solution (game theory)
Every ape wants to win money. But to win, you have to sell when you are in plus. I suggest, that if every ape follows this simple rule it will be the best for all as a population of apes and still possible to gain more for risk takers:
a) Do not sell any share until 50% of your shares have doubled. That means if you sell 1/2 of your assets, you will loose nothing and still are in the game.
b) Do this rule with the rest of your assets from the new base.
This way if you are a risk taker, you can hold as long as you want, but others who cannot take risks as you, can get a return of investment on the way up. And, we do not have to know the peak, and still run safely.
What do you think, my fellow apes?