Topic: ⛔️⛔️⛔️ Is It Time To Cash Out The Profits? ⛔️⛔️⛔️ (Read 1681 times)
The only people who would have challenges in cashing out their profits are those who joined the crypto wagon late. But if you have been long in the trade, you can always liquidate a fraction.
Do you want to cash out every time you see a dip? It's the other way around, buy low, sell high.
No, why would we want to withdraw all our money? The price is obviously going to recover soon, it is pretty low, but we all know that if we have some patience we can really see it going up in a few days or weeks
thats funny dude. I think you didn't see what happened right now. Perhaps you're losing some of your profits on this moment because you're still believing that the valued will cover. No need to wait mate its up to you its your choice. I suggest dont repent after you lose 100$ cause you're still holding even the price keep fluctuated. Maybe this is not the right time to buy or to hold maybe when bitcoin valued became stable while increasing. .not now cause to risky. No, why would we want to withdraw all our money? The price is obviously going to recover soon, it is pretty low, but we all know that if we have some patience we can really see it going up in a few days or weeks
thats funny dude. I think you didn't see what happened right now. Perhaps you're losing some of your profits on this moment because you're still believing that the valued will cover. No need to wait mate its up to you its your choice. I suggest dont repent after you lose 100$ cause you're still holding even the price keep fluctuated. Maybe this is not the right time to buy or to hold maybe when bitcoin valued became stable while increasing. .not now cause to risky.
No, why would we want to withdraw all our money? The price is obviously going to recover soon, it is pretty low, but we all know that if we have some patience we can really see it going up in a few days or weeks
Is everyone selling their BTC?
It seems the price is dropping rapidly today leading up to futures
The sweet spot on selling your bitcoin is on those 20k ranges which would really give you some serious profits and for now on the current price which is below 17k usd again then just wait a little more for possible dippest price then decide to buyback because the chart or seeing on technical aspects bitcoin is already on double bottom which means there would be a possible pump and seeing new ATH.It seems the price is dropping rapidly today leading up to futures
We've seen how bitcoin struggle a lot before and still it always made it to the top so when people doubted bitcoin capacity they're surely have weak hands. And selling with the current price is up to us, if you wanna kiss goodbye to bitcoin then sell it.
Well I don't think so . I am pretty sure it will drop once it touched 20k USD . Because that is the time when people will cash out their btc as well as everyone are eagerly waiting for BTC to touch 20k . No matter if it touches 100,000 USD next year , people will definitely try to sell their Bitcoins now . Impatient people like to do things very quickly and then regret afterwards . I am one of them btw xD
I think if you are old in the bitcoin world, then we must realize that bitcoin prices tends to fall soon after reaching certain milestones like 10K, 15K 20K etc but the downfall is not too much and also not for a long time. So if you want to take full advantage of your bitcoins the best thing is not to sell and cash out, rather wait for a very high price like 50K or even 100K which will happen in one or two years max.
Nice try, Wallstreet.
We ain't sellin'.
We ain't sellin'.
Well I don't think so . I am pretty sure it will drop once it touched 20k USD . Because that is the time when people will cash out their btc as well as everyone are eagerly waiting for BTC to touch 20k . No matter if it touches 100,000 USD next year , people will definitely try to sell their Bitcoins now . Impatient people like to do things very quickly and then regret afterwards . I am one of them btw xD
I think if you are old in the bitcoin world, then we must realize that bitcoin prices tends to fall soon after reaching certain milestones like 10K, 15K 20K etc but the downfall is not too much and also not for a long time. So if you want to take full advantage of your bitcoins the best thing is not to sell and cash out, rather wait for a very high price like 50K or even 100K which will happen in one or two years max.
Is everyone selling their BTC?
It seems the price is dropping rapidly today leading up to futures
The sweet spot on selling your bitcoin is on those 20k ranges which would really give you some serious profits and for now on the current price which is below 17k usd again then just wait a little more for possible dippest price then decide to buyback because the chart or seeing on technical aspects bitcoin is already on double bottom which means there would be a possible pump and seeing new ATH. It seems the price is dropping rapidly today leading up to futures
Well, if your goal/target price is today's bitcoin price or if you have already gained enough profit, it's not that bad to cash out. Too much greed will only take you nowhere. If you are for long term investment, then it is a good time to buy or hold your btc. Always remember - Buy Low, Sell High.
Yes this is the right time to sell Bit coin. Because in my prediction BTC price will drop until 13000$. So selling is better immidiatly.
As of the moment is time now for you to hold your bitcoin and increase your investment, there are speculations that bitcoin will be $23k before the year ends, so I am just waiting for the right time for me to cash out my btc in my wallet, be patient in holding indeed increase it as much as you can.
Yes this is the right time to sell Bit coin. Because in my prediction BTC price will drop until 13000$. So selling is better immidiatly.
I think it is not the right time to cash out.It is the time for holding to make good profit in some days. Price rising and drop is the part of crypto currency. Price down for some reason but price will be rising again.
The lead up to CBOE and CME is over. So it’s normal for the excitement money to stop flowing in. But I don’t think shorts are to blame for this yet because they actually must have it to short it and there is still time for that. The focus has shifted to altcoins as well.
Not a good time to sell because the flight may take off anytime~
Not a good time to sell because the flight may take off anytime~
Is everyone selling their BTC?
It seems the price is dropping rapidly today leading up to futures
no. Cause if you sell now your profit will decrease. .cheack first the sell price before you decide ro sell cause its to expensive. .like what happened to me lately when my profit decrease about 40$ i decided to sell immediately but it decrease again 5$.tssk. It seems the price is dropping rapidly today leading up to futures
we cant predict if its the right time or not. that's the risk we have to take since these cryptocurrency is really unpredictable
It depends if you want to cash out by this time, if you do panic selling it will be your lost, you should know your risk first, if you cannot handle the slight dip, then cash out, then come back after a few moths or weeks and check if you did the right thing. One thing i see that also contributed to the dip of the value of bitcoin is, after breaching the 20k usd mark, a lot of people seem to put their money on exchanges, thus an increase of the prices of most altcoins, since it will also profit them, but if you are new to investing in cryptocurrency, better to reearch first and study the market not only for bitcoin but for altcoins as well and you will a significant relationship between the two.
During those days since this thread was started we saw a lot of drops and pumps and currently bitcoin is trading on 19000$ price. I think we don't need to make panic even if it is going to fall down to 10000$. It is still huge price for bitcoin in which no one could believe in the beginning of this year, so we need to than Bitcoin even for that.
I saw a specialist's opinion that bitcoin will fall deep after 20000$ point, but I don't believe in that. Bitcoin is not the babble and I am going to hold and raise my founds with every opportunity.
I saw a specialist's opinion that bitcoin will fall deep after 20000$ point, but I don't believe in that. Bitcoin is not the babble and I am going to hold and raise my founds with every opportunity.
At this moment I am happy to have cashed out a substantial part of my bitcoins. Offcourse i am hoping to buy back cheaper, but overall I am happy too have profitted this much.
Taking profits is always good. And in my case I only sold like 5% of my total wealth.
Cashing out of profits need not happen at one point in time, it can happen over a period. I personally will book some profits just to hedge against a drop. We have had a great run so far and it may continue, but there is no harm in booking limited profits and enjoying its benefits.
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