Topic: Should I cash out my BTC now? - page 16. (Read 19817 times)
I think you should if you need it to pay bills or some emergency payment, but if you did if because you just use it to your luxury better to wait until the btc will rise up. But its up to you. You will be the boss of you
I guess it's very tempting to switch BTC to fiat at the moment since BTC broke all time record high and every single days you would probably read that BTC is due to a market correction after hitting the peak (also due to everyone buying in and alt coins exchanging to BTC). I too think that when there's high, there's low too so if you are looking at just this few months (short) then cashing out your BTC to recoup your initial investment doesn't sound like a bad idea!
For me, i will not cash out my bitcoin now and i will patiently wait until it reaches to more higher price. 
Since I've been holding it for the longest time, why should i cash out it right away?
Since I've been holding it for the longest time, why should i cash out it right away? If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
No, not yet. Currently holding bitcoin is indeed a high risk. But what you will get is also worth the risk that you are now enduring. But it's up to you. Decide what's best for you.
Need to decide carefully. Some news said it may reach 5000$ soon.
For me, I may sell 20-30% and wait higher price.
For me, I may sell 20-30% and wait higher price.
The larger the bitcoin you hold the more you will feel the profit when the price is moving up.
At start, I have just a little of it and I thought "that's it"?
But I am optimistic with it. Make some more money and invested it again. As of now I got a good number of it and I really feel my money is increasing every time a rise happens. Because of that, I might add some more.
At start, I have just a little of it and I thought "that's it"?
But I am optimistic with it. Make some more money and invested it again. As of now I got a good number of it and I really feel my money is increasing every time a rise happens. Because of that, I might add some more.
I think you should sell your bitcoin and cash out your money if you feel the profit you want is appropriate, then you can buy bitcoin again at a low price to sell again at an expensive price
if i have bitcoin, i think i wlll use half of that bitcoin to cash out to money and half to use it to trading altcoin and make some bitcoin again
If you meet your objective on this investment, you can cash out. is really up to individual. or you can do a partial withdrawal.
For me, it's not a bad idea to withdraw it now, but it would be better if to keep it and wait for the price of btc to rise up. As of now, btc value have reached $4.100.00. It is projected to reach $5,000 dollars before the end of year 2017. It means that you might miss a projected $900 dollars from withdrawing 1 BTC now compared to keeping it until December 31, 2017.
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
if i had my payment in BTC i will cash out some and save some because that is payment. it will be different if i have side job that they pay me in cash. so my rest coin saved i will consider it as savings. if the price is rising it will be my luck
In my opinion, I really don't think that exchanging your bitcoins for cash is actually a good idea, I would advice you not to consider it now. Looking at the current value, bitcoin has the potential to reach $10 000 by the end of this year. Rather save your bitcoins for later purposes, so that you don't end up regreting. You might gain more profit than you were expecting within a period of 1 year.
If you earn your bitcoin a month ago better cash it out today because the value is really reasonable and it can give you fair income. The value of bitcoin continue to go up but I think it will stuck at around $4500 and probably will increase again by next year. But if you don't need much of your earnings you can still wait until the price goes higher than it was today.
This day the price of bitcoin increase too much so you can trade very well or maybe you can hold your bitcoin on this day or in the next few days.
No, definatelly no, Because price of Bitcoin is touching mount everest, you should wait for some weeks and need to keep your eyes on price charts. Or you can sold you half of bitcoins now and half save for later.
Depend if you need money badly. But if you are in good finance status, I can say it is better to hold. There are still lots of development happening to Bitcoin, the saturation of market is still low, so there is a huge possibility that Bitcoin will still increase in price, though if you really want to hold cash rather than Bitcoin, there is no stopping you from cashing out.
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
I think at the present time the price of the BTC is too high, over $ 4000. So you should sell all the BTC that you have or leave a little. It will help you become rich, good times, good opportunities. All rely on your decision
I certainly recommend you keeping your Bitcoins for a long term if is possible,since all
of us noticed bitcoin price will keep growing. the best opinion is just hold onto
bitcoin, wait for bitcoin going stronger.
of us noticed bitcoin price will keep growing. the best opinion is just hold onto
bitcoin, wait for bitcoin going stronger.
It depends on the situation. If i have necessities that I have to buy or pay then I cash out my Bitcoin. If there’s nothing urgent then I let it stew for a while I wait for its price to rise so I can cash out in the most optimal time with the maximum amount. I earn my money through Bitcoin so it’s not really optimal of me to wait the increasing value of cryptocurrency for a long term., especially that I needed the money constantly.
Bitcoin is proving its strong development, possibly in the future bitcoin will increase many times its present value. I advise you not to sell bitcoin at this time
Yes in my observation the bitcoin still going strong even after the Aug 1so it is really recommended to not to sell. Just monitor it overtime i think 1 month observation of the trend will decide if btc is strong or declining. Still today it shows average continue climbing to the top. Maybe sell it for your emergency use
So do i , the potential still a lot especially when people start adopting bitcoin ,
Bitcoin is a real future investment as long as you can see it forward ,
I mean just put your money in bitcoin for 10 or 20 years!
On the other side, saving your bitcoins in the digital wallets could be considered as a wise step because they are in the pumping phase and the prices would rise to some appreciable extent in future. In my opinion you should focus on adding up to your bitcoins as it would be advantageous for you.
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