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Topic: Should I cash out my BTC now? - page 19. (Read 19879 times)

member
Activity: 96
Merit: 10
August 08, 2017, 06:16:06 PM
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?

I think depends on your purpose for holding the bitcoins, really. The value will probably be increasing. So if you're in for the long-term, probably hold it. If not, cash out and invest in something else.
sr. member
Activity: 979
Merit: 258
August 08, 2017, 06:09:49 PM
If you cash out your bitcoin now your going to be the person who will think what I have done in just 1-2 months time.
Best advice from me is to hold on to your bitcoins.
If you are in need then cashout your bitcoin. It is not bad to cash out now if you have something that is needed to buy or you need to pay for something or your debt. Just be practical enough. It might can help you. But if you dont have anything to be spend with and you have an extra money then dont.
legendary
Activity: 2058
Merit: 1015
August 08, 2017, 05:50:30 PM
It depends, if I really need money then i'm going to cash out no matter what the price is like last week I withdraw when the price is less than $2900 because there is something I need to buy. If not, i'll just keep it and wait for a higher price to cashout.
hero member
Activity: 1708
Merit: 606
Buy The F*cking Dip
August 08, 2017, 05:42:23 PM
My plan in my mind when I entered the crypto world is to have so many coins and just hodl it. Based on this plan, my answer to your question is pretty clear: I'll hodl my BTC until it increase its price drastically. We are talking of $10k to $20k per BTC here. I know that it will not happen in the near future but I believe that it will happen.
full member
Activity: 224
Merit: 100
August 08, 2017, 05:42:04 PM
If you have bitcoin on this day. You should be happy because bitcoin prices today are very expensive. Maybe this is the right time for you to sell your bitcoin. If you have a large amount of bitcoin selling 3/4 of your bitcoin. Some of you save back for future investment. I'm sure today people who have bitcoin get multiple benefits.
full member
Activity: 294
Merit: 100
August 08, 2017, 05:37:21 PM
we know someone that is mining deepcoins since the beginning of it.
despite the sudden inflation way back then and a lot of miners sold their bitcoins, still he hold on to it.
Now, present time he now reaps what he sow....
Cheesy
.
But with ragards to your situation i still believe its up to you..
Read articles regarding it and dont base your decision simply because somebody told you to do so...
By doing it i know you will not regret anything whatever the outcome of your decisions will be...
Cheesy
hero member
Activity: 907
Merit: 500
August 08, 2017, 04:47:15 PM
Now is the right time to sell bitcoin because the price is soaring, but it all depends on each person.
And it's our chance to sell the bitcoin soar Grin
I think you are at mistake as now the price of bitcoin is soaring then why not to take the benefit from it. We have to keep our bitcoin in our wallets for more time as the price will increase more in the coming days so we will earn more in the coming days and in the coming month it is expected that it will reach to $5000.
legendary
Activity: 3052
Merit: 1273
August 08, 2017, 03:46:37 PM
Only cash out what you need and unless there is an emergency because Bitcoin is at its extreme atm and looks like it's not gonna stop that easy.
Waiting is the only option I would recommend you just like everyone else here did because as things settle down for Bitcoins after SegWit takes effect, I think more and more investors will join hands which will give a boost to its economy levels.
sr. member
Activity: 457
Merit: 250
August 08, 2017, 03:07:46 PM
Now is the right time to sell bitcoin because the price is soaring, but it all depends on each person.
And it's our chance to sell the bitcoin soar Grin
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
August 08, 2017, 02:58:16 PM
Since the original post, the price per bitcoin has gone up nearly $900.   Has the OP returned to say if he/she offloaded all of their holdings?

Anyone who cashed out prior to August 1st, is now kicking themselves.  Now the the fork has come...I think we are about to see a bunch of institutional money come in. 

I expect the market cap to exploded from here (with some downward corrections here and there).
hero member
Activity: 720
Merit: 500
August 06, 2017, 12:57:03 PM
Now it is the best time for you to cashout all of your Bitcoins into your own currency. If I had some Bitcoins, I must have cashed out all the Bitcoins because the price is so high gives me profit. Maybe, We see more high price of Bitcoin in coming days who knows!
legendary
Activity: 1092
Merit: 1000
August 06, 2017, 12:50:01 PM
::)HODL!!! Roll Eyes !!!!

i think it all depends how much Bitcoins you have! If you have loads of em, no problem to cash out some of em!

I took all the money i invested in 2013 in BTC, out + 10 K €! Now, i just buy sometimes something (food vacation) cause i will also support the System as a currency and payment System. But mainly HOLD!

But i have a plan! If they Double up next time, i cash out 5-10%! Next double up, same 5-10%. So i´ll keep BTC and take also some part of the Winnings!

C ya





This is the good way to increase your bitcoins without affecting to your financial system. Yes how much you required that much only withdraw remaining you can keep in your wallet. How much you can able to store that much profit you will make in the future. Many people are following this method and saving there coins.
sr. member
Activity: 330
Merit: 252
NEIN, ICH BIN DER BITCOIN!
August 06, 2017, 12:42:31 PM
 ::)HODL!!! Roll Eyes !!!!

i think it all depends how much Bitcoins you have! If you have loads of em, no problem to cash out some of em!

I took all the money i invested in 2013 in BTC, out + 10 K €! Now, i just buy sometimes something (food vacation) cause i will also support the System as a currency and payment System. But mainly HOLD!

But i have a plan! If they Double up next time, i cash out 5-10%! Next double up, same 5-10%. So i´ll keep BTC and take also some part of the Winnings!

C ya



member
Activity: 145
Merit: 10
HalommmmE is my LOVE
August 06, 2017, 12:32:06 PM
it is not a right time to sell bitcoin if you wait 4 to 10 months from now price will be doubled so patience is good .
sr. member
Activity: 365
Merit: 250
August 06, 2017, 12:25:32 PM
Cash out BTC is the worst thing any one deal with cryptocurrencies can do. I recommend every one to hold bitcoins to net regret in future. There is no limit for the bitcoin price. It can increase very much.

yup, cashed out about 10 of them in the 400-900$ price range...could have had a new car right know instead of a couple of nice vacations and a TV
sr. member
Activity: 602
Merit: 251
I am a professional Web Designer and Developer
August 06, 2017, 12:07:11 PM
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
It depends on you. If you have cash, so you can cashout. But it you don't need cash, so you can hold. Bitcoin is going so high day by day. I think Bitcoin will reach $5000 soon. So, If you hold your BTC for some times. You will make a good profit on it.
newbie
Activity: 56
Merit: 0
August 06, 2017, 11:52:13 AM
Don't do it. As more investors with serious capital jump in (as did MaCaffee recently), the demand will increase. Additionally, many more banks are developing regulations to start dealing with bitcoin in one way or another. It would be a huge mistake to cash out now. The future of bitcoin is just beginning.
full member
Activity: 145
Merit: 100
August 06, 2017, 11:31:36 AM
You can, if you want to live with knowing that you sold at a lower price for every day in the future.
full member
Activity: 658
Merit: 108
August 06, 2017, 11:27:44 AM
Cash out BTC is the worst thing any one deal with cryptocurrencies can do. I recommend every one to hold bitcoins to net regret in future. There is no limit for the bitcoin price. It can increase very much.
sr. member
Activity: 980
Merit: 253
August 06, 2017, 11:15:32 AM
Now you can judge for yourself the essence of not clashinh out your btc before the fork right?
All what people said have come true as the price of bitcoin is now increasing.
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