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Topic: ⛔️⛔️⛔️ Is It Time To Cash Out The Profits? ⛔️⛔️⛔️ (Read 1687 times)

member
Activity: 172
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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.
member
Activity: 127
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Do you want to cash out every time you see a dip? It's the other way around, buy low, sell high.
sr. member
Activity: 1666
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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.
Just go through the past times of bitcoin reaching big in value. Maybe that looks fluctuating continuously, but each and every time the price recovers within certain time interval. This time too I expect the same growth to take place at the earliest. The price has been into fluctuations, and because of the same expect good increase soon.
sr. member
Activity: 2016
Merit: 283
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.
full member
Activity: 171
Merit: 100
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
full member
Activity: 588
Merit: 128
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.
Definitely btc will arise no matter what, i believe once btc reach its value it will have ways also to reach it again or make another records when it pumps.

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.
full member
Activity: 352
Merit: 100
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.
Yeah mate that’s the spirit don’t sell now because at this time prices are at dip and hold your coins for more time and I am sure that prices will come back to the previous prices ad will go to the more new record prices and just need of this thing is to hold coins don’t get panicked and keep o checking prices may be on next morning you wake up and prices will lying on the value above 20k so think twice before selling your bitcoin.
legendary
Activity: 3710
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Nice try, Wallstreet.

We ain't sellin'.
hero member
Activity: 560
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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.
sr. member
Activity: 2226
Merit: 347
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.
full member
Activity: 476
Merit: 124
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.
full member
Activity: 406
Merit: 110
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 $23k before the year ends, so I am just waiting for the right time for me to cash out my btc in my wallet, be patient in holding indeed increase it as much as  you can.
member
Activity: 140
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Yes this is the right time to sell Bit coin. Because in my prediction BTC price will drop until 13000$. So selling is better immidiatly.
member
Activity: 728
Merit: 11
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.
sr. member
Activity: 533
Merit: 251
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~
full member
Activity: 1064
Merit: 112
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.
full member
Activity: 246
Merit: 100

we cant predict if its the right time or not. that's the risk we have to take since these cryptocurrency is really unpredictable

full member
Activity: 518
Merit: 103
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.
sr. member
Activity: 602
Merit: 252
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.

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.
With the current price even 5% will contribute a big value while cashing out in a third world country. People who are with panic could cash it out without any sort of negligence or thinking about the future growth. For users who believe in the growth as well has the stubborn mind to accept anything could go with holding or regular buying and selling.
legendary
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
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.
member
Activity: 126
Merit: 25
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 !
legendary
Activity: 3374
Merit: 3095
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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..
sr. member
Activity: 370
Merit: 250
Forza Italia
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.

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.
hero member
Activity: 1078
Merit: 514
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.
sr. member
Activity: 1750
Merit: 267
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.
hero member
Activity: 648
Merit: 502
I am enjoying this price downflow because my altcoins were dead. Now seems they are coming to life again. Grin

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.

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.

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. Undecided Undecided
jr. member
Activity: 53
Merit: 4
Is everyone selling their BTC?

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.  Grin (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.
sr. member
Activity: 994
Merit: 256
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


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.
Yes 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. So be careful when casing out.
Cashing out profit depends on the desire of investor and now people are investing on the bitcoin for the longer terms because they don’t want to earn a limited profit all they want to earn is bigger piece of profit and it’s up to you how much you want to earn if you invested at a year back then this time is best for the profit making and if you invested in this year then you must hold your coin until the end of year to gather huge.
sr. member
Activity: 350
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IF PROBLEM WITH MY TRUST THEN BRING AN ESCROW.
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.
legendary
Activity: 3080
Merit: 1353
Is everyone selling their BTC?

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.
hero member
Activity: 2240
Merit: 848
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.
hero member
Activity: 672
Merit: 526
  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.
sr. member
Activity: 546
Merit: 255
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
newbie
Activity: 434
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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.
sr. member
Activity: 826
Merit: 256
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.
sr. member
Activity: 882
Merit: 269
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.
full member
Activity: 219
Merit: 101
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.
member
Activity: 121
Merit: 10
Is everyone selling their BTC?

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 #
sr. member
Activity: 448
Merit: 281
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


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.
Yes 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. So be careful when casing out.
hero member
Activity: 966
Merit: 517
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.
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.

Quote
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
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Deb Rah Von Doom
Doesnt it make perfect sense for there to be congestion if adoption is increasing?
member
Activity: 686
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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!
sr. member
Activity: 672
Merit: 251
No, don't stoploss. Bitcoin will rise in the next days. There was only a divergence that made the movement slower and by that don't put the mentality. There would be many forks and will make the bitcoin moon.
sr. member
Activity: 462
Merit: 250
I dont think that people are dumping bitcoin right now and it has no connection with the recent price drop, i think its due to some manipulation by group of whales, ive seen this kind of pattern over the past few years but unlike today the price is kinda high.
After observing the graph above,there is also a possibility that the price returns to the area of $10K or even go down until to $8k,regardless of the reason and seeing that graph I would not be surprised either because that happened too, I do not know if in the following days or in the next months.
full member
Activity: 168
Merit: 100
I dont think that people are dumping bitcoin right now and it has no connection with the recent price drop, i think its due to some manipulation by group of whales, ive seen this kind of pattern over the past few years but unlike today the price is kinda high.
sr. member
Activity: 454
Merit: 251
Is everyone selling their BTC?

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

I'm not selling yet. I honestly prefer to hold through the top and then start shorting the subsequent bounce to the .618-.786 fib retracement area. We always get that kind of action after Bitcoin tops. Otherwise, it's just too easy to get shaken out, because in this kind of rally, there are no double bottoms/retests of the lows.

I'm not seeing crash-like behavior. There's a Rising Three Methods pattern on the 1-day chart. If we do see continued downside, I'm looking to heavily buy anything in the $7500-9000 area. The parabolic trend stands ~$7300 right now. As long as it holds, I'm bullish:

full member
Activity: 429
Merit: 100
Is everyone selling their BTC?

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

Well, atleast  the best thing to do is to hold. And if the market value continues to fsll  invest as much as possible. Bitcoin is volatile in nature, so backdrops such as these are just normal. Surely, it will eventually increase and before this year end, chances are high that its market value will be more expensive and profit will surely be earned.
legendary
Activity: 3472
Merit: 10611
$1000- $2000: 1271 days
~
$18000-$19000: 3 minutes

first of all you can not possibly compare these two because the first one is a 100% rise which obviously took a longer time than the last one which is a 5% rise. it barely even covers the fees for a trader.
if you are getting your trade signals based on this, then i suggest you stay away from trading!

secondly, that is how adoption works. it is slow at first and then speeds up drastically. 100% rise would take a year at first and then 6 months then 2 months. and bitcoin being bitcoin and having a small market means this will be much faster. both rise and the fall due to the dumb panic sellers who think $1000 is always the same huge rise no matter if it was $1000 rise from $10 or $1000 rise after $100,000.

take a look at this:
it goes up and down $1000 in minutes too. it has increased $3500 yesterday and total of $50,000 in the past 6 days. i guess you panic sell that too?
https://finance.yahoo.com/quote/BRK-A/chart?p=BRK-A
full member
Activity: 1498
Merit: 146
Is everyone selling their BTC?

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


Yeah,the price is falling rapdily so many people cash out their profits but I think it is not the right time we need to hold our bitcoins for few more years to make huge profits because I think the price of bitcoin will touch $100k in 2020,so. We have to keep until that to make the real profit of bitcoin.
hero member
Activity: 1610
Merit: 507
Is everyone selling their BTC?

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


I don't sell my bitcoin because I can not make any profit. I'd rather wait until the price increase again and buy more bitcoin because today the price is dropped too far. this is my opportunity to buy more bitcoin and I don't want to miss this time. but we have another opportunity from the dropped of bitcoin price because altcoin price getting prepare to increase and I see many altcoins start to make good moves. I hope the altcoin party will come within a few days later.
full member
Activity: 448
Merit: 122
I have said it before and am saying it again, the current drop in price is not enough for me to rush to sell my bitcoin. Especially now that I have the knowledge on how the market works and my piece of advice when you want to sell you bitcoin always do at the pick of the price rise or in the early hours of price drop in other to make profit. But when you wait until the middle of the price fall or towards the end of it you may end up loosing.
member
Activity: 252
Merit: 22
Marketplace for sensor data
I don't think it's a good idea Smiley). Bitcoin price is decreasing but not too much and it'll rise back soon so I think everyone should hold their Bitcoin a little bit longer or they can hold it until next years cause I think Bitcoin can reach to 20k$ right at the early of next year.
hero member
Activity: 924
Merit: 511
There may be many reasons to discuss for recent bitcoin price drop. Some expect it due to a lot of unconmirmed transactions on netweork.
While some say its because christmas time. This can be a notable point in my sense that people would felt need of money on the day of chriatmas, thus cashing out for now is sure but we can hope surge agin in bitcoin as soon as the christmas days pass. No need to feel panic, bitcoin always remain synergy with time
hero member
Activity: 1078
Merit: 501
Is everyone selling their BTC?

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

It is okay, maybe they are making panic selling today because of the price dropping just like what you are thinking right now, you want to sell your bitcoin now. Wait until tomorrow because they say big investors are coming into bitcoin so I think bitcoin will rise again and I heard that bitcoin will reach $30k.
legendary
Activity: 1148
Merit: 1006
Black Panther
If you're looking for short term investment , then it's time to sell for profit and wait to buy cheap one
For me as long term investor, I'm will keep most of my bitcoin until next 4 years as I'm believe that bitcoin won't disappoint me !

~Bitcoin is Economic Changer !
full member
Activity: 364
Merit: 127
Is everyone selling their BTC?

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



I dont think everyone is selling their bitcoin, i think the recent price drop of bitcoin is because of the congestion in the network, there are lots of unconfirmed transaction for the last 2 days.
After the congestion on eth network now its bitcoins network, i dont know the reason why the network is congesting but i hope it will be fixed soon.
sr. member
Activity: 1400
Merit: 259
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.
member
Activity: 103
Merit: 10
No it is not a right time to cash out the profit because bow the value of the bitcoin is 15000dollar but in future it may reach upto1million dollar
sr. member
Activity: 441
Merit: 250
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. Moreover not to forget that a new wave was added to the never-ending Bitcoin mania when the Chicago Board of Exchange (CBOE) became the first major derivative exchange to launch Bitcoin futures on December 10.

Getting its futures listed on a top exchange of US is a great thing in itself and clearly exhibits that its price is certainly going to shift upwards in coming futures.
full member
Activity: 658
Merit: 106
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


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.
full member
Activity: 490
Merit: 100
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..
newbie
Activity: 1
Merit: 0
To sell now bitkoyn or not, it's personal. Now, probably, many partially translate bitcoin into fiat, or are just preparing to buy for bitkoyn in connection with the New Year holidays and Christmas. In addition to the usual correction bitcoin, perhaps this also affects him in lowering his course. We will see if it will stay in place for some time, or even drop a little, then, most likely, it is. So it was a good time to use the bitcoin stop and take some profit. However, it must be borne in mind that soon again bitkoyn will quickly rise up.


i will wait one more year to sell btc
member
Activity: 127
Merit: 10
fools wanted bitcoin to be on stock exchange

they dont understand stock traders make more money on shorts than investing

lmao this dive will be glorious  Grin
sr. member
Activity: 2352
Merit: 245
To sell now bitkoyn or not, it's personal. Now, probably, many partially translate bitcoin into fiat, or are just preparing to buy for bitkoyn in connection with the New Year holidays and Christmas. In addition to the usual correction bitcoin, perhaps this also affects him in lowering his course. We will see if it will stay in place for some time, or even drop a little, then, most likely, it is. So it was a good time to use the bitcoin stop and take some profit. However, it must be borne in mind that soon again bitkoyn will quickly rise up.
legendary
Activity: 1554
Merit: 2037
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.
full member
Activity: 217
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I am enjoying this price downflow because my altcoins were dead. Now seems they are coming to life again. Grin
full member
Activity: 154
Merit: 105
When I saw this a few days ago in the financial news, that was my "sell signal":

$0000 - $1000: 1789 days
$1000- $2000: 1271 days
$2000- $3000: 23 days
$3000- $4000: 62 days
$4000- $5000: 61 days
$5000- $6000: 8 days
$6000- $7000: 13 days
$7000- $8000: 14 days
$8000- $9000: 9 days
$9000-$10000: 2 days
$10000-$11000: 1 day
$11000-$12000: 6 days
$12000-$13000: 17 hours
$13000-$14000: 4 hours
$14000-$15000: 10 hours
$15000-$16000: 5 hours
$16000-$17000: 2 hours
$17000-$18000: 10 minutes
$18000-$19000: 3 minutes

Especially the 3 minutes part.  I was in awe of the insanity and how long the price stayed up especially with the CME/CBOE coming online in less than a week.  This was a good week to gauge both greed and the amount of dumb money in these markets.  Oh yea...and most of the shitposters are quiet on a Sunday afternoon...their time.  They don't understand the drop at all and are stunned speechless for the most part.  Most of them have no ability to sell, even if they wanted to a few days ago.  It's kinda sad actually.  I can't stand shitposters either but I can imagine their fear and doubt right now and that's not fun.
legendary
Activity: 3472
Merit: 10611
Is everyone selling their BTC?

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

the price "WAS" dropping rapidly yesterday not today. to be precise it was 12+ hours ago where price started dropping fast and it is over now.
if you want to panic and sell during times like this, you should do it at the start of the drop or better do it before it. but NEVER after it. and now we are after the drop.

in any case, if price continued dropping then sell otherwise it is too late.
full member
Activity: 257
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Its good for the crypto indstry, altcoins were declined too hell due to that price rise.
member
Activity: 60
Merit: 10
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..
jr. member
Activity: 55
Merit: 21
be a hodler  Embarrassed , grab more  Grin
sr. member
Activity: 475
Merit: 253
ARCS - A New World Token
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

legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
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.
legendary
Activity: 2380
Merit: 1085
Money often costs too much.
Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures
Saturday, bloody saturday. But wasn't futures to arrive at 12/18/17 no earlier?
And to be honest there had been margin trades on offer all the preceeding years.
So what exactly changes by now?
newbie
Activity: 14
Merit: 0
Is everyone selling their BTC?

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