im already several k up re bitcoin, so i think its the safest route with trading volume, having walked away with profits i could only have dreampt of, i think its time to get out for a while!
P.S it is better to buy coins rather than mine, this is what gave me much of my coins! I bought in at $300 each for the most part and bought weekly since. I will reinvest some when the dust settles
i may be a 'weak hand' but im the one with £15k plus profit over the past year from very little, so i think its time! Won't stop be selling my services for BTC as i have been doing either
Topic: Cashing out.... - page 6. (Read 5489 times)
Now that he saw $ 900 gold, he had a very sharp decline. Since his volatility is high, he goes above $ 900 again, no need to fuss
Kinda feel the price will drop quite a bit, will probably cash out and buy back in after the dust has settled... The chinese exchange fees look like its going to be a bubble popping but just my opinion... But why the insane mempool size?
Feelings aren't the one you should listen to when it comes to the Bitcoin market. It's no secret that those that follow their feelings mostly end up making the worst decisions (trading wise). Just analyze the market, and from there you can plan your next action. If you then still think it's better to cash out, then cash out only a small portion, where it then leaves you with an extra bit of fiat that you can use in case the price really goes down. And when the price doesn't go down at all, but up instead, then you still have enough coins to benefit from the increase. Just make sure you never sell all your coins at once. I can't remember anyone being happy with having done so. These people mostly end up buying back at higher prices just to get rid of their disappointment in themselves.
You will regret.
Not if he could get profits and really need cash right now, everyone is free to buy or sell.He feels that the price will be fall down and planning to buy back at the dip, nice strategy.
But, if the price slowly increases instead of decrease, he may regret it a little bit.
Looking at the price fluctuations, seems it won't fall for now and will rise to $1000 again.
Kinda feel the price will drop quite a bit, will probably cash out and buy back in after the dust has settled... The chinese exchange fees look like its going to be a bubble popping but just my opinion... But why the insane mempool size?
Fair enough. Volume obviously is taking a hit on the Chinese exchanges. Whether that translates into a sustained downtrend or not remains to be seen. I think we are still in a bull market.
I'm happy to ride it out the exchange worry as I think in the medium term it will probably be a positive. As always though with bitcoin, you just never know.
chinese can't make the market crashing again, if they dumped and the market tanked because of them and then they bought again(very likely), it would be stupid for them to dump under their "buy back poin"
based on the trend i can see that the market is stable now, even if this does look like the $1000-$600-$800--->$400--->$200 in 2013, is nothing like that
You will regret.
it is always expected for weak hands to start panicking at some point and start thinking about "cashing out" that is why other traders are making profit. if things like this don't happen then bitcoin market becomes boring to a point that there wouldn't be enough profit in it.
i mean look at the price we went down to ~$750 and now back up to $920
what market do you know in the world that can give you 22% profit in a week? thank you OP and people like OP
i mean look at the price we went down to ~$750 and now back up to $920
what market do you know in the world that can give you 22% profit in a week? thank you OP and people like OP
Kinda feel the price will drop quite a bit, will probably cash out and buy back in after the dust has settled... The chinese exchange fees look like its going to be a bubble popping but just my opinion... But why the insane mempool size?
Fair enough. Volume obviously is taking a hit on the Chinese exchanges. Whether that translates into a sustained downtrend or not remains to be seen. I think we are still in a bull market.
I'm happy to ride it out the exchange worry as I think in the medium term it will probably be a positive. As always though with bitcoin, you just never know.
Kinda feel the price will drop quite a bit, will probably cash out and buy back in after the dust has settled... The chinese exchange fees look like its going to be a bubble popping but just my opinion... But why the insane mempool size?
But the bubble did already pop. The rally back to 900 USD is nothing but a bull trap imo. So be careful in thinking that this is a continuation of the last trend. It's not. And your plan of selling now and then buying at a lower price is a sound plan only if you're selling at a profit.
Relax. The price is stable right now. We are just waiting for huge whale which can trigger huge pump. Selling right now is not a good idea. But its your life mate. If you think you have earned enough. Then sell them. Then go back when the price gets drop. The price still stuck at $910+ right now. I suggest if your are going to dump. Do it now.
Cashing out isn't always a bad thing. Everyone has to take their profits at some time--hopefully you actually made a profit. No one has any idea where bitcoin is headed, so just stay tuned. But if you're banking on being able to buy back at a lower price...that could be a mistake if we really take off. We'll see. I'm hoping I can get my hands on some free cash in order to do some buying. I have a feeling we're going to break to the upside soon.
Kinda feel the price will drop quite a bit, will probably cash out and buy back in after the dust has settled... The chinese exchange fees look like its going to be a bubble popping but just my opinion... But why the insane mempool size?
you biggest mistake is that you think there is a bubble right now, but you are in a big mistake. there is no bubble. the bubble bursted a while back when price went down from $1160.
this price is not going to go down tht easily because of the way it was risen.
besides the fees on chinese exchanges and the situation over there is the best thing for bitcoin because they can no longer fake anything and most things are real now.
with all that said, if you think otherwise by all means don't hesitate. someone has to give the whales the cheap coins they want
Kinda feel the price will drop quite a bit, will probably cash out and buy back in after the dust has settled... The chinese exchange fees look like its going to be a bubble popping but just my opinion... But why the insane mempool size?
Cashed out awhile back, and will buy back in once a new baseline comes out too. IMO it's not a bubble popping, more of a correction from the recent rise. Hopefully the new baseline comes above $700 at least.
No need of getting panic on the price movement happening with time. In a short it grew to around $40 and has decreased around $30. This doesn't have any relative statement with the Chinese market, but the mining hardness has got increased. If cashing out is the decision make it with part of the bitcoin in the wallet, as the price movements were unpredictable. Even now it suddenly starts to move upwards.
Kinda feel the price will drop quite a bit, will probably cash out and buy back in after the dust has settled... The chinese exchange fees look like its going to be a bubble popping but just my opinion... But why the insane mempool size?
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