Why You Should Have a Moon (any Crypto) Exit Strategy

Currently the vast majority of Moon holders who are active in this sub received their moons by contributing and engaging within this sub, meaning you earned these rewards for "free". While none of us know what the future for Moons and RCP's hold, any moon holder is currently sitting on something that has legit monetary value which could explode during the next bullrun.

What we do know currently: Reddit is moving away from coins and rewards on September 12th 2023. Reddit IPO is still scheduled to launch sometime this year in 2023. Reddit is also still in Beta for Reddit Community Points, in which there are only a current subs that are rewarded, along with a request to join the waitlist.

What is still unknown: What rewards will look like after September 12th. This is a huge piece that could effect RCP's and our precious moons. It would be a big sigh of relief if Reddit rolled out a ton of new subs who start receiving RCP's as it would almost guarantee Moons are here to stay, because as it sits now, Reddit could easily kill these off and therefore tank the value of Moons, Donuts, and Bricks.

That being said, IF we survive the new rewards program (hopefully it only makes RCP's better), and the IPO to the next bullrun there is a strong chance Moons could legit MOON. If (hopefully when) that happens, you should already have an exit strategy in place. I personally have sat through two different bullruns. I've seen huge percentage gains, huge swings back down (over 90% unrealized losses) twice without taking profits and it sucks, big time. You lose sleep over it thinking "if only I would have cashed out at $X" and I've now created my own exit strategy for all my crypto projects.

Why I choose to focus on Moons with this post is you have to remember, for most of us these rewards were given to us FOR FREE! Yes you spent time on here which cost something, but you didn't pay for these. Reward yourself for your contribution to this community and take some profits at different levels on the ride up, and while you may miss out on future gains, when the next bear market comes around you'll be thanking yourself since I would bet a ton of money you didn't come near catching the top anyways.

Here's to hoping Reddit revolutionized Community Rewards and Moons become the Bitcoin of social media rewards, but for the love of god, please start thinking about taking some profits at some point.

A great key indicator is when you start taking screen shots of your gains and wanting to brag to the world on how much money you made sh*tposting when random strangers on the internet.

Cheers and best of luck to us all!

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