Aussie Trader Ponders 2025 Crypto Exit Strategy Amid Market Uncertainty

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11 months ago 293

  • Bitcoin and Ethereum experienced significant gains recently, with Ethereum surging 10%, possibly influencing Solana holders.
  • Crypto analyst Jason Pizzino predicts many traders might sell their crypto holdings in early to mid-2025, aiming to avoid past losses.
  • Pizzino warns that selling too early could miss further gains if the market continues its bull run later in the year.
  • He discusses the potential risks and benefits of taking profits, as some traders prefer securing gains over gambling on future increases.

Although Bitcoin and Ethereum have slowed down in the past few hours, they had both seen nice gains in the past days, with ETH ($2,801.72) pumping 10% at some point, causing Solana holders to “question themselves”, as Aussie trader and crypto analyst Jason Pizzino puts it.

ETH on a 10% pump making SOL ($128.95) holders question themselves.
Bitcoin bouncing but signals it'll be short lived
And finally, selling crypto in 2025; seems inevitable however what if everyone is thinking the same thing?
I think the market is going to make us rethink our game plan… pic.twitter.com/vBK36hMZsH

— Jason Pizzino 🌞 (@jasonpizzino) November 28, 2024

In a recent video, Pizzino also discussed the potential of selling all crypto holdings in 2025 and what that could look like.

Related: Crypto’s Wild Ride Awaits as Altcoin Funds Line Up at SEC’s Door, Says Bloomberg’s Balchunas

No Roundtrip, Thank You Very Much

So, where does that narrative about selling all assets in 2025 come from? Well, many who have been in the crypto market since the last bull market in 2021 have bought at the top and have been left holding their bags since. Many also didn’t sell or take any profits, expecting more gains and in many cases had been riding the markets down to the lows of late 2022.

Those dramatic days – post FTX, post SBF and post Terra Luna and Do Kwon – have caused much heartbreak among newcomers, as Bitcoin hit a low of US$15,742 (AU$24,187) on 10 November 2022.

Bitcoin 2022 cycle low, source: CoinGecko

Understandably, many are now eager to lock in some profits and avoid a repeat of those days when their portfolio lost value faster  than Jim Cramer could call the top.

According to Pizzino, many traders are eyeing the first and second quarter of 2025 for profit taking, which could well be the top for this bull run. Or, as Pizzino mused on X, we might see a “major local top which ends up ripping higher later in the year and leaves them in the dust”.

Source: Jason Pizzino/YouTube

He added that it’s mind blowing how many traders think they can leave “the game injury free”. This could see many left behind, sitting on the sidelines, if the bull run continues into late 2025 after many sold too early.

Ethereum Co-Founder Sells 20,000 ETH

But, some seem to be ok with being left behind, at least taking some profits along the way. Crypto Twitter user Crapto (yes, I assume this is not their real name), said they’re ok with being left behind after taking some hefty profits, and that their plan doesn’t include Bitcoin needing to go any higher.

Source: X

Of course, none of this is financial advice; it’s always important to set your individual goals based on your own circumstances. And while it’s true that you could be missing out on further gains, nobody ever became poor due to profit taking.

Related: Cardano Unlocks New Features as First Zero-Knowledge Smart Contract Goes Live on Mainnet

Just look at Ethereum co-founder Jeffrey Wilcke, who just took some profits off the table.

🚨 Ethereum Co-Founder Sold!

Jeffrey Wilcke deposited 20,000 ETH (~$72.2M) to Kraken today at $3,608/ETH. 😬

His last deposit? May 2024: 10,000 ETH ($37.3M) right before a market dip.

Still holding 106,006 ETH (~$384M). What's his next move? 🤔#Crypto #Ethereum pic.twitter.com/BsJkmCfssc

— Maartunn (@JA_Maartun) November 28, 2024

The post Aussie Trader Ponders 2025 Crypto Exit Strategy Amid Market Uncertainty appeared first on Crypto News Australia.



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