Topic: ⛔️⛔️⛔️ Is It Time To Cash Out The Profits? ⛔️⛔️⛔️ - page 2. (Read 1681 times)
Bitcoin hasn't yet reached it's true form and is just at a Super Saiyan form (DBZ fans will understand XD ) . It still has a lot to achieve and figures to reach which will probably be much more exorbitant than the actual value . The one million dollars questions is whether to withdraw or not each time bitcoin faces a huge pump or dump , and across history we could see that the answer to the question was always NO !
I heard a news just few hours ago about global correction i think we will see a little bit price drop but not a huge drop.. But if you made already a large amount of profit why not sell few bitcoins just to save the profit and use for your future needs.
Also i heard other news about investors are converting to Bitcoin cash so i think we will see more drop sooner .
Hope that people will not panic selling their bitcoin until we heard the price will normally increase back again until christmas..
Also i heard other news about investors are converting to Bitcoin cash so i think we will see more drop sooner .
Hope that people will not panic selling their bitcoin until we heard the price will normally increase back again until christmas..
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.
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.
Drop and grow price both are the basic part of crypto currency. Price can be down in some causes but again price will be rising. I think it is not proper time to cash out. It is time for holding to make good profit in around few days.
I am enjoying this price downflow because my altcoins were dead. Now seems they are coming to life again. 
Green days actually, And I can't believe that they are saying that BTC is on a downfall, man imagine BTC's price last december. The only thing that are losing here are my alts and the short term holder of BTC. I have been holding mine since then. I am only cashing out when I am in desperate need of money to avoid the loss. BTC is more than a gold to me right now. I have a prediction that it might go 6 digits next december.
You can do it whenever you want to.
But just for me, it will always be not a good time to sell.
I have been thinking about all the bitcoin I have that I have sold before and now it is all regrets.
So from now on, I dont want to feel that again, I know this price hike aint over yet. There will be more increase that will come. Those forks that will happen will just make bitcoin popular again.
Hey, and they will be storing back their bitcoins.
But just for me, it will always be not a good time to sell.
I have been thinking about all the bitcoin I have that I have sold before and now it is all regrets.
So from now on, I dont want to feel that again, I know this price hike aint over yet. There will be more increase that will come. Those forks that will happen will just make bitcoin popular again.
Hey, and they will be storing back their bitcoins.
These forks are just for BTC to be multiplied because they can't control its supply they are making money through pork. The modern era of "airdrops" so they say.
Even if you wanted to sell you're gonna have a pretty hard time cashing out.
Just look how many issues all the exchanges are having!
I see complaints everywhere of people not being able to withdraw for over about 2 weeks in worst case.
No reply to support tickets, sites going down on a daily basis and so on.
So either you have a reasonable amount of coins which you may be able to sell on the OTC markets, or you gonna have to deal with the same issues as the plebs have to. That's the actual situation.
Just look how many issues all the exchanges are having!
I see complaints everywhere of people not being able to withdraw for over about 2 weeks in worst case.
No reply to support tickets, sites going down on a daily basis and so on.
So either you have a reasonable amount of coins which you may be able to sell on the OTC markets, or you gonna have to deal with the same issues as the plebs have to. That's the actual situation.
This should be a warning for all of us that don't let the exchangers have our trust, just trade there but it is always better to have your own hardware wallet. look at what is happening to bittrex and some other exchangers. And last week I almost lose 1 ether in ether delta because the transactions are congested.
Is everyone selling their BTC?
It seems the price is dropping rapidly today leading up to futures
It seems the price is dropping rapidly today leading up to futures
Well, one of the most valid reason may be that it's christmas time and people over the globe needs to buy gift items and other materials, that's why they are selling their bitcoins.
(btw it's illogical)They bitcoin price started falling last night and people got afraid of their profits that's why they started selling their bitcoins. But now the price got normal and danger is over now.
Another reason why people are cashing out is because its Christmas time. Every body needs to buy something so they need fiat.
As far as I know March to June is the altcoin season.
As far as I know March to June is the altcoin season.
Is everyone selling their BTC?
It seems the price is dropping rapidly today leading up to futures
It seems the price is dropping rapidly today leading up to futures
I agree with you, i think that's the reason why they cashing out their bitcoin ( like you said. ) And that's the number one reason why the value of bitcoin dicrease. Anyways, for me i don't want to cashout or sell my bitcoin because i know the price is going back after this coming fork.
All investors need to do is not to withdraw their bitcoins and decrease their investments. They may take a small loan and do their work. So be careful when casing out.
If you are going to cash out your profit then you might loss another opportunity because bitcoin is reaching to 40,000 USD which is quite near and bitcoin have promised that it will be crossed soon. Because the demand of bitcoin is now a days a lot therefore people want to invest into bitcoin. So i want to mention something just hold your emotion toward bitcoin believe me you will get even more profit than that.
Is everyone selling their BTC?
It seems the price is dropping rapidly today leading up to futures
It seems the price is dropping rapidly today leading up to futures
If you have sold your bitcoin during that time then you have made a costly decision. It may be dropping, but it will be just temporary and you should already learn that its better to hold and not cash it out. That is just a healthy price correction and good time for those who are waiting to get in. I don't know about the Christmas time though, on the contrary, bitcoin peak during Christmas 2016 so it could happen as well this year. And there's no wrong with cashing out. Traders see the price to be ripe for cashing then they will do it without second thoughts. And after a week of CBOE, the price is less volatile now. Lets see in the next couple of days when CME turns to offer bitcoin future contracts if it hold true.
Anytime is a great time to cash out profits if you're happy with your profits. Of course if you do it means you're going to miss out on huge profits in the near future. If you want the most out of your Bitcoin then slowly start cashing out when it hits 6 digits. Or better yet never cash out and wait until you can readily pay for everyday things in Bitcoin in a few years and just use Bitcoin to buy stuff and then you never miss out on profits by cashing out.
You could Cash Out The Profits Dayle. You do not need to sell all your Bitcoin and never bought again. Buy and Sell is all you need. It is great for liquidity and helps more people get some. Unfortuly it is too expensive to transfer Bitcoin to another person, so That makes things harder.
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 would strongly suggest you to hold your investments till 2020. It is still not popular in the world and after become popular day by day, the price will go higher.
Hold on, the price is still rising and another all-time high is broken. This continued uptrend indicates that it yet the right time to take profit as the price might still go beyond. It might take a week before another correction take place.
This time is not the right time to cash out but wait and be patience a little as we expect the price to hit $25,000 before we can see a major corrections or bearish market. Bitcoin has been doing well since you open this thread and we expect this strong bullish dispose to continue until end of this year. I have thought that we have a fruitful 2017 in cryptocurrency holding.
Do you really think anyone here can predict it? I seriously can't. These crypto makets are becoming heck of unpredictable. We see new booms and new corrections each and every day. Its becoming difficult even for traders. so its better to cash out profits whenever you get a chance to do so.
Come on, you should never be afraid of some trends in the market. I agree that cryptocurrency is a gamble but if you carefully look at last year, what you may see is only a huge rise in value of bitcoin. I personally hope that bitcoin will again rise even with more bloom in its value. So be careful when cashing out your profits without any strange reason. Because one wrong decision and you are out of the money train. It is as simple to understand as you read this statement. So as I said earlier. Be care with your decisions! It may have a negative impact on your life.
Is everyone selling their BTC?
It seems the price is dropping rapidly today leading up to futures
It seems the price is dropping rapidly today leading up to futures
if every one sell who will buy ?
possible to make small correction like what happen daily for chart in some days people buy more and others selling more #rising and doping #
Another reason why people are cashing out is because its Christmas time. Every body needs to buy something so they need fiat.
As far as I know March to June is the altcoin season.
As far as I know March to June is the altcoin season.
Is everyone selling their BTC?
It seems the price is dropping rapidly today leading up to futures
It seems the price is dropping rapidly today leading up to futures
I agree with you, i think that's the reason why they cashing out their bitcoin ( like you said. ) And that's the number one reason why the value of bitcoin dicrease. Anyways, for me i don't want to cashout or sell my bitcoin because i know the price is going back after this coming fork.
All investors need to do is not to withdraw their bitcoins and decrease their investments. They may take a small loan and do their work. So be careful when casing out.
I think the people prefer to hold their coin and waiting the price increase again.. bitcoin still in the high price, don't worry too much.. but if someone need cash, no problem for them to cash out the profit.. everyone has their choice..
Holding bitcoin for a little longer period of time is not greedy at all. Everyone knows it has become a business. So business is directly related with your ideas and long term plans. So what’s greedy in that? Microsoft gets richer everyday. So is bill gates greedy? Business is all about money. So that should be it. If bitcoin increases in value everyday shouldn’t they be happy and be ready to invest more in bitcoin? So you should also invest more other than cashing out your profit. And hope for it to increase more in value. Who knows you may have more money in two years than you ever imagined! So be careful before making any decision.
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