To unlock or not to unlock

This post was originally published on golifelog.com.

As the cryptocurrency market continues to rise, I’ve prepared a plan for partially exiting it (I think I wrote about it).

But the thing is, large portions of my holdings are “staked” so I can generate small amounts of income. To exit (aka trading to fiat currencies) I need to unlock those stakes, so I can transfer the tokens.

The question now is, when is the perfect time to unlock those? Some of those tokens take 28 days to be unlocked, some of them even more. In a months time, a lot can happen in the market and by the time the tokens are unlocked, they might not be worth anything any more. On the other hand, unlocking too early would mean missing out portions of income.

Obviously, there isn’t a right answer to that, nobody can predict the market and thus any unlocking date might be the correct one. I see sleepless nights coming up over that question.