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Topic: Cash out after having investment trippled in bitcoin! (Read 9394 times)

hero member
Activity: 2730
Merit: 632
My brother had invested in bitcoin where market price has down to 3K usd. Seeing the current market and the needs arisea, my brother had cash out already and I am not surprise that he trippled his money investment. Good for.him but I think it must be hold still if I were on his side. The only problem is that I am not control of his money and seeing him profited in bitcoin makes me regret why I am.not investing and risking money during the bear market.

Who among you here does not hold btc anymore and afraid of investing to bitcoin? Did you regret of not investing on bitcoin too?
Only to those people who do take the risk shall really be rewarded but somehow in exchange they might lost up money too if the price didn't go well on his path.
Since it isn't your money then you cant do anything on what he would do with his bitcoins.Good thing that he do purchase on 3k price and that was some easy 3x profits
on the current price of BTC.Sometimes we do only realize our mistakes when its too late.
jr. member
Activity: 138
Merit: 1
I'm one of those who doesn't hold bitcoin anymore. I'm also afraid to invest in bitcoin because now the price has skyrocketed and I can't afford to buy it. I did not buy when there was a chance that the price of bitcoin last year would decline. I misread the opportunity so I applied the wrong strategy. I regret not buying bitcoin last year. If I bought bitcoin last year my money had tripled now. But I have to get up and make this experience. I have to re-plan with mediocre capital.
full member
Activity: 815
Merit: 101
My brother had invested in bitcoin where market price has down to 3K usd. Seeing the current market and the needs arisea, my brother had cash out already and I am not surprise that he trippled his money investment. Good for.him but I think it must be hold still if I were on his side. The only problem is that I am not control of his money and seeing him profited in bitcoin makes me regret why I am.not investing and risking money during the bear market.

Who among you here does not hold btc anymore and afraid of investing to bitcoin? Did you regret of not investing on bitcoin too?
I think luck is on your side, and maybe your brother already has experience in cryptocurrency so he can do analysis and speculate on buying when prices are low. this might be used as a lesson.
hero member
Activity: 2366
Merit: 594
Investing sometimes profits and losses, all depends on our efforts. I don't hold a lot of bitcoin, because in the case of 2018 I was hit with a lot of altcoin tricks which until now the price was not the same as it used to be a dime coin. I regret why I didn't just collect bitcoin instead of buying altcoin which doesn't mean anything until now.

If you're holding those called shitcoins then just treat it as a lesson in crypto world. But if you're holding potential altcoins like eth, ltc or anything that is in the top 10 of cmc then don't be afraid of your holdings. I also don't have bitcoin right now instead I have ltc and etc. Though the price is very low right now I'm optimistic that they will pump soon.
jr. member
Activity: 462
Merit: 1
Making a profit three times more than investing initially is a very good investment. Either your brother is lucky or he really is a very experienced investor Wink Smiley
sr. member
Activity: 756
Merit: 250
Investing sometimes profits and losses, all depends on our efforts. I don't hold a lot of bitcoin, because in the case of 2018 I was hit with a lot of altcoin tricks which until now the price was not the same as it used to be a dime coin. I regret why I didn't just collect bitcoin instead of buying altcoin which doesn't mean anything until now.
sr. member
Activity: 560
Merit: 260
There's always hold AND trade as well.   You don't need to sell everything.     If you believe it will keep going up... put away .X, X, XX, or XXX or more coins that you never touch.   Trade with just whatever number you are comfortable with. 

member
Activity: 397
Merit: 10
It's your brother's investment so he has the rights to decide on what to do. Whether he would cash it our or not. Since he already risked by investing and saw that it tripled, maybe its already enough for him.
If you also want to invest and gain, better ask your brother for some advice. Bet he's the one who can really help you.
It depends on the investor whether to withdraw it to cash or it will remain as crypto money traded on the market to get a bigger profit.
If you follow the pattern the trader must make a withdrawal in advance to secure the profits that have been obtained. But if you apply the mindset as a big profit investor, you will certainly add more capital as long as the bullish market continues.
hero member
Activity: 2716
Merit: 904
Your brother made the right decision, the amount is already tripled, that's a good return already in just a short period of time.
I understand that you have your own decision, holding further is still good and it's really up to you but you should also understand that no guarantee the price will continue to rise or there's no dump in the long run, so once you are holding it, you are still talking the risk.

For me, once you profit, that's already good, regardless of the amount.
full member
Activity: 434
Merit: 100
My brother had invested in bitcoin where market price has down to 3K usd. Seeing the current market and the needs arisea, my brother had cash out already and I am not surprise that he trippled his money investment. Good for.him but I think it must be hold still if I were on his side. The only problem is that I am not control of his money and seeing him profited in bitcoin makes me regret why I am.not investing and risking money during the bear market.

Who among you here does not hold btc anymore and afraid of investing to bitcoin? Did you regret of not investing on bitcoin too?
You should not be frustrated and just follow his steps. Investing in cryptocurrencies during bear seasons is the best move that I can think of when talking about financial profits. Nonetheless, I am not an official financial advisor and what I am saying is just my opinion. Lastly, bitcoin can give you up to 700 percent profit if you can get the timing when to invest and when to cash out.
member
Activity: 882
Merit: 13
I think it's a better choice for him to cash out because he already trippled his money and his happy about his profits, if he will be greedy to hold then bitcoin price goes down again he might panic then sell at a lower price with a lower profit.
sr. member
Activity: 2380
Merit: 366
I invested in btc during the bear market and am still holding, will continue holding till bitcoin hits 20000usd again, i think the only way to get the crypto space in a standard form is when we begin to see it as a long term investment platform and not a get rich quick syndrome.

This is one option. Actually, long term holding is the safest to a certain extent. And it does not at all need any reliable signal and skillful technical analysis. But it actually requires a lot of patience. Hodling will really bring you to a ride of which you will definitely be dizzy. It brought me fears. I didn't sell when Bitcoin almost touched $20,000 in 2017. How could you not fear when it dipped down around $3,000 in the proceeding months? There was an inevitable yet little panic in me.
jr. member
Activity: 184
Merit: 2
I invested in btc during the bear market and am still holding, will continue holding till bitcoin hits 20000usd again, i think the only way to get the crypto space in a standard form is when we begin to see it as a long term investment platform and not a get rich quick syndrome.
legendary
Activity: 2240
Merit: 1069
my brother had cash out already and I am not surprise that he trippled his money investment. Good for.him but I think it must be hold still if I were on his side. The only problem is that I am not control of his money
This is the kind of thinking that makes you lose money instead of getting profits. Greed is not good. There should be a target profit and if you reached it, take the profit out just like what your brother did.

and seeing him profited in bitcoin makes me regret why I am.not investing and risking money during the bear market.
This just proves that your brother is a good risk taker and he profited greatly from it. That kind of investment strategy is not for everyone. If you are a safe investor, just stick to your investment plans. You should not be jealous of your brother's success and make your own.
full member
Activity: 952
Merit: 107
Don't be greedy when you taking profit, 300% profit in 3 months is amazing. Your brother's decision to sell his bitcoin was right before the market turning into bearish then he can buy more bitcoin when its hit $4000 again.
Don't be regret what you did before, lucky you not lost your money on the market, lets find another chance to get profit in another coin.
That is much profit and not anyone can get that opportunity but do not be greedy to have so much because that may get you keep losing. You have good time when used to invest.
sr. member
Activity: 645
Merit: 266
Don't be greedy when you taking profit, 300% profit in 3 months is amazing. Your brother's decision to sell his bitcoin was right before the market turning into bearish then he can buy more bitcoin when its hit $4000 again.
Don't be regret what you did before, lucky you not lost your money on the market, lets find another chance to get profit in another coin.
newbie
Activity: 22
Merit: 0
My brother had invested in bitcoin where market price has down to 3K usd. Seeing the current market and the needs arisea, my brother had cash out already and I am not surprise that he trippled his money investment. Good for.him but I think it must be hold still if I were on his side. The only problem is that I am not control of his money and seeing him profited in bitcoin makes me regret why I am.not investing and risking money during the bear market.

Who among you here does not hold btc anymore and afraid of investing to bitcoin? Did you regret of not investing on bitcoin too?
Your brother earned good money. You must be able to sell at the right time. But my position is that you can sell a part, buy additional bitcoins, but you must always have a stock on the balance. Anything can happen, and in order to not regret it, you need to have a supply of cryptocurrency on your balance sheet Wink
hero member
Activity: 2366
Merit: 594
It's your brother's investment so he has the rights to decide on what to do. Whether he would cash it our or not. Since he already risked by investing and saw that it tripled, maybe its already enough for him.
If you also want to invest and gain, better ask your brother for some advice. Bet he's the one who can really help you.

Being greedy won't always do anything good. His brother has nothing to lose and already tripled his investment. With that money, he can use some of it to invest again then enjoy what's left for himeself.

We should always remember that when investing if your capital have already been doubled or more, grab the opportunity to take profit before it disappears.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
Who among you here does not hold btc anymore and afraid of investing to bitcoin? Did you regret of not investing on bitcoin too?
What is the point of regret if you did not have the confidence to invest in bitcoin, the risk reward ratio if you invest in bitcoin is much higher than any other financial platform and if you are wise enough and have the experience in any trading platform then you will invest when the market is going down because the market will not go down all the time and there will be a recovery and if you invested during the bear market then there is no doubt you will reap your profits.
member
Activity: 616
Merit: 30
Do not be sorry that you did not. So it was necessary. If you want to invest now, then you should wait until the market has a little rest from a strong impulse and gain strength to move higher.

Still waiting is the key to success,if you can afford to have more time to keep patient then for sure you’ll be having a good dinner(not unless you hold shitcoins)
But as long as you have the guts and the faith on your holdings?then no need to worry because profit will come in place on right time
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