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Topic: ⛔️⛔️⛔️ Is It Time To Cash Out The Profits? ⛔️⛔️⛔️ - page 3. (Read 1685 times)

sr. member
Activity: 742
Merit: 253
it seems that many think to hold their bitcoin, so the price becomes very expensive and the impact of the adoption of large companies, and for this we will certainly continue to see bitcoin prices go up even though there is a time btc begins to fall and will rise again
legendary
Activity: 2383
Merit: 1551
dogs are cute.
You better cash convert your alts to btc either at whatever profit you have gotten so far, or at least at a break even point, (the point at which you neither get a loss nor a profit aka the initial investment price). If it's at a loss in terms of btc and a profit in terms of USD, well you know what do do then. You can always chose to reinvest and trade again if you're worried bout that.
legendary
Activity: 1442
Merit: 1016
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.
full member
Activity: 714
Merit: 114
Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures

No brother, no one is selling their bitcoins. The value of bitcoin is determined by investments done in bitcoin field. In 2017 alone, there was a whooping increase of 2000 percent in value of bitcoin so you can understand that how much investment is coming into the bitcoin business. It is the perfect time for new potential investors to invest in bitcoin and the people who have bitcoin already in their accounts should capitalize this time the most.

Because with more people investing in bitcoin, its value will rise more rapidly and you will profit more from bitcoins. So conclusion is that it is not a perfect time to sell bitcoins.


no brother , everyone (including me) are now selling thier bitcoins because we think that this is the verry right time to sell them thinking that the current value of bitcoin is now on its full peak therefor much better if we can just secure it now to avoid further problems.

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The value of bitcoin is determined by investments
no, the value of bitcoin is not determined that way rather it is determined on the current supply and demand. this is the real factor why bitcoin can decrease or increase.

@op the price of bitcoin is not decreasing , instead it is still increasing overtime and sooner or later it is ready again to reach its new all time high, that is why you can always decide whether you should hold still or not because some us are already dispose our hard earned bitcoins.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
I've been steadily cashing out. It's been great I've only been a miner a little over 6 months and didn't expect these roi's  and profits for atleast another 6 months to a year.

When it peaked the other day I even pulled out the amount I had been saving up from tips and sig campaigns.
Its good for the crypto indstry, altcoins were declined too hell due to that price rise.

I've noticed coins like LTC hit a nice little bump, I bought one a few days back and sold it today.

Just the natural order buy something on a dip, and when things perk up let'er  rip... to get poetic.
Bitcoin is the best cryptocurrency on the globe. It has proved to be historical in its value. There is not any currency that can replace bitcoin. So do not bother if you are a bitcoin investor. It will recover and will be blooming again in some months to come. Bitcoin is bound to success.

So not waste your money in other currency and opt for the best. And never be afraid of the little trends. Bitcoin showed great success in the year 2017. And it will flourish with more time. So wait and watch. You can invest more now to get more profit. And never opt other crypto other than bitcoins.
All that has been getting into existence with the name as bitcoin is the derivatives. They're not gonna do anything with the growth of bitcoin. Maybe this will give user the opportunity to sell and buy when the price gets lower around when the price fluctuates.
hero member
Activity: 980
Merit: 523
I've been steadily cashing out. It's been great I've only been a miner a little over 6 months and didn't expect these roi's  and profits for atleast another 6 months to a year.

When it peaked the other day I even pulled out the amount I had been saving up from tips and sig campaigns.
Its good for the crypto indstry, altcoins were declined too hell due to that price rise.

I've noticed coins like LTC hit a nice little bump, I bought one a few days back and sold it today.

Just the natural order buy something on a dip, and when things perk up let'er  rip... to get poetic.
Bitcoin is the best cryptocurrency on the globe. It has proved to be historical in its value. There is not any currency that can replace bitcoin. So do not bother if you are a bitcoin investor. It will recover and will be blooming again in some months to come. Bitcoin is bound to success.

So not waste your money in other currency and opt for the best. And never be afraid of the little trends. Bitcoin showed great success in the year 2017. And it will flourish with more time. So wait and watch. You can invest more now to get more profit. And never opt other crypto other than bitcoins.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures

I think many investors of bitcoin will cash out their profit coz its christmas and we need money to buy foods decoration and gifts for christmas.. This is the right time to cash out your profit..
Please do not misguide people. It is not the right time to cash out the profits, because it is the end of the year. Bitcoin is already twenty percent down. If somehow it succeeds in retaining and maybe increase its value by the end of 2017. It will create a good impression on other potential investors and they will invest more. So by not withdrawing your bitcoin.

You are playing a role in increasing its value in 2018. So as I said earlier, it is not a perfect time to withdraw your money. It is as simple to understand as you read this statement. Do not cash out!

The price of bitcoin is raising in good manner. So you can wait until the year end,as all know the price of bitcoin will reach maximum at the year end. Even it may reach 23000$,So just wait for couple of days to cash.I suggest you ,new year starting is the right time to cash out from bitcoin.
hero member
Activity: 952
Merit: 503
Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures

I think many investors of bitcoin will cash out their profit coz its christmas and we need money to buy foods decoration and gifts for christmas.. This is the right time to cash out your profit..
Please do not misguide people. It is not the right time to cash out the profits, because it is the end of the year. Bitcoin is already twenty percent down. If somehow it succeeds in retaining and maybe increase its value by the end of 2017. It will create a good impression on other potential investors and they will invest more. So by not withdrawing your bitcoin.

You are playing a role in increasing its value in 2018. So as I said earlier, it is not a perfect time to withdraw your money. It is as simple to understand as you read this statement. Do not cash out!
sr. member
Activity: 2660
Merit: 339
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.

Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures

Yes l can understand that it is Christmas time but people need to opt out to other things to get money instead of withdrawing their bitcoins. In this way the price and value will not change and bitcoin can retain its market share. And your point of altcoin is of no value and no future.

Because bitcoin has a very strong foundation built beneath it and it can now withstand every market drop and then recover afterwards. 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.
sr. member
Activity: 448
Merit: 281
Why do you keep creating semi-shitty topics with short, vague questions?  That's shitposter-bait right there, so be careful.

Having said that, apparently a lot of people are indeed cashing out, because we're getting a nice correction right now.  A healthy one.  A lot of noob bitcoiners freak out when there's a 20% (or more) drop over the course of 24 hours (or less), but that's business as usual in crypto.  I'm not concerned in the least, because my frame of reference is $400 for bitcoin.  Where we're at is astounding, even if we're at $13k.  That's incredible growth in a very short time span--and cashing out is normal when you make huge profits, which a lot of people have.
Another reason why people are cashing out is because its Christmas time. 
That is true.  I didn't even think of that.
I agree with you to some extent, cryptocurrency is uncertain in its value. But on the other hand when bitcoin increased manifolds in one year it is not that bad for it to even decrease a minimal of just twenty percent. But when these things happen. The people who have a very limited knowledge of bitcoin actually panic and they opt to withdraw their money out of the business.

Which is totally not a good notion for bitcoin because its value solely depends upon the investments. When investments go on decreasing, its value will decrease more rapidly. So people should not cash out on small trends and should wait for recovery.
full member
Activity: 504
Merit: 106
Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures

No brother, no one is selling their bitcoins. The value of bitcoin is determined by investments done in bitcoin field. In 2017 alone, there was a whooping increase of 2000 percent in value of bitcoin so you can understand that how much investment is coming into the bitcoin business. It is the perfect time for new potential investors to invest in bitcoin and the people who have bitcoin already in their accounts should capitalize this time the most.

Because with more people investing in bitcoin, its value will rise more rapidly and you will profit more from bitcoins. So conclusion is that it is not a perfect time to sell bitcoins.
hero member
Activity: 2548
Merit: 605
Its good for the crypto indstry, altcoins were declined too hell due to that price rise.
Altcoins is a very bad and alternative for bitcoins and this idea is not even applicable. Bitcoins promise a rise in your currency value and best price increase. The price drop in bitcoin value is just a seasonal trend. Because it is Christmas season and everyone is in a hurry to cash out their increased value of bitcoins. Which is not a good option.

As cashing out your investments will affect bitcoin market in a negative way. So if you are an investor, I suggest you not to cash out any bitcoin till the end of this year. And if you are not an investor, well you are spreading wrong information.
legendary
Activity: 2212
Merit: 1008
Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures


Just wait a bit. Such situation on the market of crypto is not something very new. In 1-2 days we will see the rise of BTC and alts. No BTC almost 17000
full member
Activity: 518
Merit: 100
Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures

It will depend to the users whether they will sell their Bitcoin already at this price. Its market value at this moment is indeed expensive so it is not surprising to appear tempting for the users. But it will depend on their satisfaction. But in my opinion, it is better to hold because it is expected to be more expensive in the future.
member
Activity: 168
Merit: 10
It seems that their is still a lot of wind left in this bull run.  Yes, there will be short term pullbacks - those may be the times to increase your portfolio - dollar cost averaging in.
sr. member
Activity: 454
Merit: 251
Doesnt it make perfect sense for there to be congestion if adoption is increasing?

Well, sure. Transaction volume should increase on a linear or linear-to-exponential trend as we see reflected in Bitcoin's price, like any other metric of adoption. But does this look like a reasonable "trend" to you? I was paying 10 satoshis/byte a week or so ago. Now I'm paying 25x that to get confirmed within several hours. That's not what adoption looks like. That's what spam looks like.

Notice the similar spike in transaction volume last month, when Jihan Wu and Roger Ver's promotion of Bcash was at fever pitch, and its price accordingly hit ATHs in an epic pump-and-dump. In this context, it's not difficult to see that high fees/congestion are being used to further an anti-Bitcoin and pro-Bcash narrative. And while it's difficult to speculate on the costs of spamming the blockchain like this, we do know that Bitmain likely controls half or more of the global hash rate. So the attack might not cost a thing, as they are collecting not only their own fees, but they are inflating everyone else's.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
Doesnt it make perfect sense for there to be congestion if adoption is increasing?
member
Activity: 686
Merit: 10
It completely depends on your interest because if you make food profit on your investment then it is your choice to withdraw or not. It is always good to withdraw some part of your investment when the price of it's value increases.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures

You don't need to take tension much about this thing because increase in bitcoin's price was not pump by any group of people but it was totally due to demand that people made because of attraction to make profit easily with bitcoin investment .
Here drop in the price is due to the news that was spreading last day that bitcoin is not big balloon and can damage but in Actual that was only stupid news Because price of bitcoin was due to demand and demand is still continuously going up and up but if people will deal any panic and then sell then surely stability will be see by us , well currently price is increasing and we should enjoy bitcoin's progress .
full member
Activity: 266
Merit: 110
MAybe or maybe not. No one can predict the market but if you're not comfortable you better cash out partially otherwise you may panic sell!
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