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Topic: Need money... - page 6. (Read 1017 times)

hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
June 19, 2018, 01:46:47 PM
This is the reason we have a rule in crypto , Never Invest money that you cannot afford to loose. Anyways in your case what i suggest is wait until the time you can because we know at one point market is going to bounce back but we don't know when. If it is the only option left you should sell your crypto and move on. Everybody can't win the game.
He may not even have invested what he could not have afforded to lose as I feel a lot of you are not reading the OP to feel his pains. The market is in a downtrend and there is an urgent need to do something which we both know this is not actually the time anyone would even want to withdraw to spend due to the current nature of the market.

It depends on the reason why he needs to withdraw and if it is something he can't simply wait or no where he can get funds to source, then his last resort would be withdrawing.
sr. member
Activity: 420
Merit: 250
June 19, 2018, 05:44:38 AM
#99
If you really need that money for your personal needs, better withdraw them now and dont think about how much its price will be worth in 15 days; that is if you plan to hold your coin for long term. In time you will just get back the interest from hodling your bitcoin. Thats what I did when I need the money, I just closed my eyes and withdraw them because I badly need it for personal use.
newbie
Activity: 56
Merit: 0
June 19, 2018, 04:54:14 AM
#98
i still believe will be any times for crypto bull run again. i trust in to BTC and ETH, you should hold them
full member
Activity: 616
Merit: 103
A Blockchain Mobile Operator With Token Rewards
June 19, 2018, 04:24:08 AM
#97
When you really money but you don't have any funds to be invested in some ICO projects or start trading cryptocurrencies then there is other options aside that , to earn money using cryptocurrencies. You can do bounty campaigns and earn big rewards. These rewards can be traded for bitcoins and other cryptos once it is listed on crypto exchanges.
newbie
Activity: 112
Merit: 0
June 19, 2018, 04:04:26 AM
#96
The price of Bitcoin is at a very strong support zone. There have been many predictions regarding this but the bottom line is that Bitcoin will surge but when and how that will happen still remain unknown.

Some expert believe that Bitcoin will hit an all-time time before the end of this year, you can confirm through below link.

https://smartereum.com/19440/bitcoin-price-predictions-despite-the-current-situation-in-the-market-experts-insist-that-the-price-of-bitcoin-will-get-to-60000-before-the-end-of-2018/
member
Activity: 302
Merit: 10
June 19, 2018, 04:01:51 AM
#95
I am going very bad phase.I need my money for my personal reasons.So can I withdraw my some of my investment.

Everything in the market is going red and red day by day. Everything has already reduced more than 100 % .So there is any chance to increase in the market within 15 days.
I can wait only for 15 days.
Should I wait for 15 days or withdraw instantly.
I think that at the moment you only trade short term by day, bitcoin prices are constantly fluctuating and falling sharply in the past few days, currently there are signs of recovering a little weak recovery forces . According to my analysis, the bitcoin price will likely recover to $ 8000 then decline further, so this is the time for you to lose on profit or loss.
newbie
Activity: 112
Merit: 0
June 19, 2018, 03:42:37 AM
#94
I am going very bad phase.I need my money for my personal reasons.So can I withdraw my some of my investment.

Everything in the market is going red and red day by day. Everything has already reduced more than 100 % .So there is any chance to increase in the market within 15 days.
I can wait only for 15 days.
Should I wait for 15 days or withdraw instantly.
I don't know if you invested all your fortune in crypto and it that be the case, that is a very bad decision. The first rule in business is not to lay all your eggs in one basket. Crypto is still at the early stages, barely 10 years compared to other currencies. So invest what you can afford and learnt to give it time because there is so much sentiment about it but am confident that at the end, crypto will win and we will see the rewards.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
June 19, 2018, 03:13:45 AM
#93
If you badly needed the money then no need to ask everyone here, cash it out and use it because if that's really important you don't need to think many times as no money can't replace important things. Besides market is really having a hard time to be back to its place before but I'm sure that this will now come to its end and market will surge like before.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
June 19, 2018, 12:58:40 AM
#92
Yes, there's possible chance for the market to gain some pump in price in 15days time because the bitcoin usually pump when it Q3 of every year and as you can see the market is strong around the $6000-6500 price range.
newbie
Activity: 168
Merit: 0
June 18, 2018, 03:41:13 PM
#91
This is the reason we have a rule in crypto , Never Invest money that you cannot afford to loose. Anyways in your case what i suggest is wait until the time you can because we know at one point market is going to bounce back but we don't know when. If it is the only option left you should sell your crypto and move on. Everybody can't win the game.
sr. member
Activity: 700
Merit: 250
Vave.com - Crypto Casino
June 18, 2018, 03:35:45 PM
#90
It is true, the market is in red at the moment but if you can get that money from somewhere else maybe a loan with a long repayment date with the hope that by then the market recovers.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
June 18, 2018, 03:09:05 PM
#89
I am going very bad phase.I need my money for my personal reasons.So can I withdraw my some of my investment.

Everything in the market is going red and red day by day. Everything has already reduced more than 100 % .So there is any chance to increase in the market within 15 days.
I can wait only for 15 days.
Should I wait for 15 days or withdraw instantly.
No assurance about recovery but one sure thing on here is that no one really knows on when market would move out into recovery. Either it would happen on next 24 hours, next days,weeks or months or even years! Market wouldalways been unpredictable and pointing out such movements isnt possible. If you are on need of money then opt out to sell on loss, i know it wont really be easy but you should do and accept such thing. Get your priorities first and later on solve out the problem on how you would able to gain with the loss you commited.
newbie
Activity: 144
Merit: 0
June 18, 2018, 03:03:02 PM
#88
I'd like to echo what others have said here: if you've just suddenly become in dire need of money, it probably wasn't a good idea to invest so much into the crypto market.  Especially the crypto market.  I don't know how many times I've read the dictum that one should not invest one's rent money and never to invest more than one can afford to lose.  It sounds like you bought way too much bitcoin and did so with money that you now need for expenses.

Good thing that bitcoin seems to be rebounding right now.  It's up over $200 in the past hour or thereabouts.

I can say that I agree with you completely and that you should never invest money that you can't afford to lose. As far as the part about investing everything you have in BTC and now you gotta get something out because you need money for expenses, well I've been there. But you gotta bite the bullet and sell not go around asking for loans.
sr. member
Activity: 1190
Merit: 306
June 18, 2018, 12:39:50 PM
#87
I'd like to echo what others have said here: if you've just suddenly become in dire need of money, it probably wasn't a good idea to invest so much into the crypto market.  Especially the crypto market.  I don't know how many times I've read the dictum that one should not invest one's rent money and never to invest more than one can afford to lose.  It sounds like you bought way too much bitcoin and did so with money that you now need for expenses.

Good thing that bitcoin seems to be rebounding right now.  It's up over $200 in the past hour or thereabouts.
newbie
Activity: 83
Merit: 0
June 18, 2018, 12:10:47 PM
#86
Dude. This is forsaken in this forum. Try to borrow money. Not begging for it. Or you're trying to withdraw something from your wallet right? Then, find a way to insert an eth in your mew or something just to get that. And exchange it to bitcoin.
sr. member
Activity: 1680
Merit: 259
June 18, 2018, 11:59:12 AM
#85
I am going very bad phase.I need my money for my personal reasons.So can I withdraw my some of my investment.

Everything in the market is going red and red day by day. Everything has already reduced more than 100 % .So there is any chance to increase in the market within 15 days.
I can wait only for 15 days.
Should I wait for 15 days or withdraw instantly.

I think market is still on red zone in 15 days, not to scare you but this is reality. If you need money and there's no back up asset just sell it but if you have asset to recover your needed just do it. Trading/ invest should become alternative income, if you need the money just sell/ withdraw it. Never forget to come back again into crypto world, a lot of chance and challenge will make you strong person.
sr. member
Activity: 574
Merit: 250
June 18, 2018, 11:48:41 AM
#84
I think you have to do it right now. Coz It's very possible that price for btc and top alts will fall until 27/06 (it's date when futures for btc will pass)
full member
Activity: 378
Merit: 101
June 18, 2018, 11:24:49 AM
#83
If that is an emergency personal matter then sell right away rather than to wait but given the days that you've mentioned then stick to it whatever the prices outcome and the current market condition but the soundest and most safe decision is to sell now rather than to gamble the prices on the 15 days period you are not going to know the exact outcomes within those days as you are not going to cut all of your crypto, you may hold them for longer then reap the returns lately.
legendary
Activity: 1176
Merit: 1024
June 18, 2018, 10:11:06 AM
#82
Funny enough, he was not even begging but the topic is probably  a little bit confusing. I must say he is in a pretty dip shit however, as the market is red, he is in huge loss I guess since his investment must be in red and now being pushed to want to withdraw what he has. The decision is only for him to take as no one can actually help with that.

If what he wants to use it for is something that just needs to be done urgently and no other means to achieve that, then he sure does not have any choice. We must understand that trading is not a quick way of making money but definitely a better way for making huge amount of money. If anyone who is unable to distinguish difference between these two then trading is not a suitable one for him.
full member
Activity: 1303
Merit: 128
June 18, 2018, 05:21:04 AM
#81
If you need thwe money now then you have no choice but to get it. To avoid this one in the future, follow these simple rules. Invest the money you dont need so that even if it fails, it doesnt affect you much. Have a separate savings account so that you can withdraw anytime for emergencies.
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