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The Crypto Exit Strategy: Why HODLing Isn’t a Retirement Plan
Know your crypto exit strategy
Tom Handy3 min read·Just now--
I started investing in cryptocurrencies in 2017 after decades of building a foundation in stocks and real estate. Over 28 years, I’ve navigated the Asian Tiger Crisis, Y2K, 9/11, the Great Recession, and the Pandemic. I’ve seen the great runs, painful drawdowns, and a few people lose everything.
In this current bull run, my goal is simple: turn crypto gains into steady income that can support me for the long haul.
While everyone is watching Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) chase new highs, the reality is we still have to pay our bills in regular dollar bills.
To survive inflation and high interest rates, you need a plan that stretches beyond your digital wallet.
The Transparency Test
The 2008 crisis taught me the value of transparency. Back then, 3.1 million foreclosures hit the market. My own rental sat vacant for a year. And today, the commercial industry is feeling a similar effect.
In a crisis, you really find out who you can actually call and count on. I’ve watched reliable connections go silent while others stayed transparent about the havoc the market is wreaking on their portfolios. Full transparency…