I have learnt to cash out - page 14.

cahkalem

full member

Activity: 562

Merit: 101

Quote from: Alpha0One1 on April 29, 2019, 01:17:43 AM

I sell crypto when I need to.
The bear market of 2018 taught me that stable coins is good in preserving value when you don't need to convert your crypto to fiat.
Enjoy your profits once in a while.

in the red market, if we converting our crypto to a stablecoins that is one from many way to safe the value of our crypto
and we can make profit too, because the value from the stablecoins such as tether will stay about $1, wich mean our crypto assets will rising in bitcoin or altcoins terms

Alpha0One1

full member

Activity: 588

Merit: 107

I sell crypto when I need to.
The bear market of 2018 taught me that stable coins is good in preserving value when you don't need to convert your crypto to fiat.
Enjoy your profits once in a while.

Caladonian

hero member

Activity: 1302

Merit: 540

Quote from: Indrawan77 on April 28, 2019, 07:16:19 PM

At one point we need to cash out the profit, investing in crypto is about making profit, so whenever the price already exceed your limit you should cahs out, its good for the crypto because it increase the transaction volume and its great for yourself, you need to enjoy the result of investing

Setting up your target is really important so you know when to cash it out and enjoy your profits, the benefits of investing inside this market really paid off when you know the timing and knows how to work things out in favor of your investment, cashing out is very important as the real reason why you are into this market, making money and having the chance of enjoying things around the market, as long as you have the chance make use to it and take your profits.

iconoclast

full member

Activity: 770

Merit: 102

Matrix Built On An Ethereum Smart Contract

Hodling only works as a strategy if the assets you are hodling are high quality. If it is a project that is poorly managed or poorly thought out or lacks the skills to produce something really exemplary then you are just hodling your way to the poorhouse. Even then when the market becomes frothy and everyone and his dog are talking about your cryptocurrency you would be smart to take profit and wait for the inevitable dump to buy back in.

baghdatis1990

member

Activity: 504

Merit: 14

Miracle Tele

The crypto market is based on speculation. The price is influenced by the big investors (whales). When you do not profit, Hodl is the best solution. The crypto market matures harder and the new investors along with it. There will be massive price increases, but we have to wait. The key to success is patience and the right time (for investment and retirement). Synchronized, the two features lead to success.

Shatterlean22

jr. member

Activity: 350

Merit: 4

Whenever we are in bad market condition its always good to take out your profit if available, I've sold some of my holdings weeks ago and I'm glad I did because the token price fell further so if I have to buy back now it will be more rewarding in quantity

Moiyah

member

Activity: 630

Merit: 20

This is usually the smart thing to do while the market is in bad condition. Cash out at the right time. It is safer and makes your fund secure than keeping it in an exchange or wallet with unstable market. Some are aware of cashing out funds or just to transfer it into TUSD for the better and to prevent huge loses.

maydna

hero member

Activity: 2912

Merit: 556

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Trading is about how to make a profit. When you can see the profit appear, you should take the profit and don't waiting for the next moment to expect a bigger profit because that is not always happening. A wise trader will know when he should cash out his profit, and he can manage his balance to continue trade. In this year, we are happy to see the market can change to better than the last year so we could back to make a profit like before.

Some of us still search on how to make more profit so they can cash out their profit while we still have another amount to be held for a long time because, in the long-term, the market will get higher than now.

pushups44

sr. member

Activity: 868

Merit: 281

Quote from: Ifemini on April 27, 2019, 06:45:13 AM

With recent events in crypto currency trades since January 2019, I have learnt to cash out

Crypto currency long term hodl is very good and rewarding no doubts
But we are at a stage where crypto is formed by whales and the money controllers

With the persistent pump and dumps by the whales; crypto is like a game at the moment

Everyone has their own strategy in crypto, and truth be told there is more than one way to win in investing. Some people can successfully trade in and out of the markets with a solid system, and others prefer to ride the waves long term. I am in the latter camp. I'd rather ride the waves than compete against sophisticated algorithmic bots.

tsaroz

legendary

Activity: 3164

Merit: 1069

It's a skill everyone should master. What's the use of millions and billions after 10 years if you don't have any money to spend it now.
You should hold and keep some of your crypto for the future profit but you should not blindly invest and forget everything you have making your today miserable. Profit can be made on trade if you closely follow the market and place the orders in right places.

Chikito

legendary

Activity: 2366

Merit: 2054

Quote from: Ifemini on April 27, 2019, 06:45:13 AM

Crypto currency long term hodl is very good and rewarding no doubts
But we are at a stage where crypto is formed by whales and the money controllers

With the persistent pump and dumps by the whales; crypto is like a game at the moment

let's be smart cryptoner and far away from exchange when they play game
keep it your life on track, holding your crypto on your own wallet with private key. exchange have a bussiness to dump and pump cyrptocurrecny, so don't worry about that when your crypto not on exchange. your crypto controler by you not an other.

Indrawan77

hero member

Activity: 1274

Merit: 516

At one point we need to cash out the profit, investing in crypto is about making profit, so whenever the price already exceed your limit you should cahs out, its good for the crypto because it increase the transaction volume and its great for yourself, you need to enjoy the result of investing

Rimueng tuha

member

Activity: 405

Merit: 11

As a wise and professional crypto currency player, we should be smarter when playing crypto currencies. We really have to be smarter in cashing in crypto currencies. But I do not agree to cashing in the crypto currency by holding the coin in the long run. All there is no guarantee. Everyone has a way to monetize crypto currencies in different ways. I better monetize my crypto currency by way of daily trading. I prefer to get a little but routine profits every day.

TomArayaSlaya

member

Activity: 812

Merit: 10

https://hovr.site/

Is not the whales i blame there is also the devs that are basically not working on bringing an actual working prototype of their work despite collecting millions in ICOs People are really just cashing out once there is mistrust in the whole activities

andreizver

member

Activity: 714

Merit: 11

That is good way and if we dont want to loae - dont need to be a greedy and we shouuld cash out at the needed time and fix income cash.

crzy

full member

Activity: 2128

Merit: 180

Quote from: MMA Rats on April 28, 2019, 03:17:05 PM

I think it is worth cashout only when you leave the game or when you have enough profit. In other cases, it is better to leave everything in circulation.

That’s my position right now in the market because I want to have more profit and that’s why I’m not leaving yet. Its not easy to hold but knowing how much you could earn if you continue to hold are more encouraging. I’ve lear not to cash out the money i don’t need.

burky156

full member

Activity: 658

Merit: 112

I am agree with you, all the results depends of the big whales movements. Trading and hodling are just like the gaming now, or like gambling. If you make your researches well plus with the right timing you have to make some profits because you made the right thing. But if the big whales act at the same time with you you can make great profit or great loss, it is only a chance, i wish that we can be lucky and find the right time for trade.

Osayo

jr. member

Activity: 294

Merit: 1

Quote from: Ifemini on April 27, 2019, 06:45:13 AM

With recent events in crypto currency trades since January 2019, I have learnt to cash out

Crypto currency long term hodl is very good and rewarding no doubts
But we are at a stage where crypto is formed by whales and the money controllers

With the persistent pump and dumps by the whales; crypto is like a game at the moment

Cashing out is always the best option instead of going home empty handed. But you have to also profile some tokens so that you will know the ones with long prospect.

Jenkins33

member

Activity: 194

Merit: 10

Quote from: Ifemini on April 27, 2019, 06:45:13 AM

With recent events in crypto currency trades since January 2019, I have learnt to cash out

Crypto currency long term hodl is very good and rewarding no doubts
But we are at a stage where crypto is formed by whales and the money controllers

With the persistent pump and dumps by the whales; crypto is like a game at the moment

Of course, before you engage in trading or investing in cryptocurrencies, everyone needs to think about how they can withdraw their profits from the crypto market. Therefore, you are doing everything right.

tunapa

jr. member

Activity: 667

Merit: 1

cashing out is the best especially when you are following up the project you are holding. however its good to hold a coin but one needs to be careful with the kind of coin you hold. one of the best things to do when holding a coin is to trade it so you can increase your holding over time while you can also cash out at intervals.

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