BitBoy Ben shared his crypto end game and strategy to sell the top based on the Golden Bull Ratio which determines the end of the bull run.
Hyperinflation is described as rapid, excessive, and out-of-control general price increases in an economy by a factor of 1000%. A worst case scenario of hyperinflation is possible in the United States but it is not likely. This means the crypto system is not replacing the US Dollar in the short term.
People accumulating coins needs to sell back to fiat to cash out on their gains because crypto is not replacing the financial system any time soon. However, it is good to not cash out all of your cryptos -even at the top of the market- as a hedge against the current financial system.
Investors should be looking to keep their major positions in top coins that will be around for long term this year. Bitcoin, Ethereum, Cardano, Chainlink and Polkadot are BitBoy long term holds.
The master exit plan is to break your portfolios down into two categories – projects you are in for the money and those you personally believe in and want to support. Investors should convert their gains on coins that pump into projects they believe in and will hold long term.
This episode premiered on March 27, 2021.