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Topic: Should I cash out my BTC now? - page 28. (Read 19886 times)

full member
Activity: 405
Merit: 105
July 20, 2017, 09:14:05 AM
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
At the back of people's suggestions, it will still depend to you. Better having research or observe BTC's volatility. If you are worried about the deflation, and you want to assure your wealth, its okay to sell it. But if you are not afraid to take a 'risk', and wiat for BTC to increase multiple times, it will also be considered as a good idea. It'll depend to your decision.
newbie
Activity: 32
Merit: 0
July 20, 2017, 09:10:45 AM
Well, if you want more profits, then hold your bitcoins.
Put it in a personal wallet with private keys or Paper Wallet
for safety.

That's what I do when I buy bitcoins at Paxful, I don't use online wallets.
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
July 20, 2017, 08:56:03 AM
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
If you are a type of person that is aiming or dreaming to have more gain or profit to get, you will be surely and patiently be waiting until bitcoin's price will pump again for greater amount of money. But if you cannot wait for too long right now until the bitcoin price pump, you may consider cashing it out anytime you want to.
full member
Activity: 228
Merit: 100
July 20, 2017, 08:54:49 AM
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?

I'd wait... to the moon!
legendary
Activity: 3374
Merit: 1824
July 20, 2017, 08:54:11 AM
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?

Only you can answer that question.
None of us know your personal situation, needs, your expectations of bitcoins etc.
If you can manage your life without btc funds, my advice to you: ''do not rush with selling bitcoins'' or you may regret later Smiley
hero member
Activity: 2940
Merit: 613
Winding down.
July 20, 2017, 08:49:27 AM
Now i see within week bitcoin price come back, but still i hold my bitcoins. Even i hear about 1st August and very strange things about price falling down, but i believe on bitcoin and i think now and after 1st August never give bad effect on bitcoin price.May be within month bitcoin price up and down, but in the end everything will be going fine. So i don't want to cash out my bitcoins, i prefer to hold them, and make money.
Yes you're right.How i wish i can keep all my bitcoins but due to the shortage of budget i am facing nowadays,maybe half of my bitcoins will be cash out and half of it will be stored in my wallet.That's the reason why i'm striving so hard so i can have more bitcoins to be stored in my wallet.
full member
Activity: 588
Merit: 100
July 20, 2017, 07:58:59 AM
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
For me I will cash out my payments because I need it for our daily needs.And this is my extra income to meet my daily needs of my family.Bitcoin really helps me,because my salary is not enough for my kids needs.Im so much thankful I found bitcoin in my life.But on the other side bitcoiners who really store bitcoin will hold it until bitcoin is increase on its highest price.
legendary
Activity: 1428
Merit: 1000
July 20, 2017, 06:05:06 AM
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
I think you should not withdraw money now, try to wait for the bitcoin price to rise, a little risky will sometimes give you a more desirable result, maybe you will get a huge income while waiting.

With the network splitting close, I think while the price is at $2000 you should withdraw it, but not all of it, maybe half of it so you can be sure. The bitcoin dumped back to one thousands the previous days and I think it will be coming back this week because this is the last week before the month of August come. After these I think it will be pumping back to $2000 or maybe break the wall of $3000.

I think dumping is over now only we see the pump in Bitcoin price. This is last week, but I don't think that we will get massive dump at Bitcoin price. Maybe within $200 to $300 the price will fluctuate it will not dump more than this amount. I am also waiting for the big price don't know when that time will come.
hero member
Activity: 882
Merit: 500
July 20, 2017, 05:59:13 AM
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
I don't think that you should go in that way where you cash out all btc into fiat or hold all the Bitcoin in your wallet .
So here you need to go in the 50-50way .
Just hold 50% of your Bitcoin in your wallet and also invest that amount of the Bitcoin in some better good future altcoins , so that you can increase your amount of the Bitcoin with the increase in the value also .
And now cash out 50% of rest of the Bitcoin in the fiat , so that you can use your income of your job for the family purpose/ to complete your daily needs .
In this way you can done your job easily with the Bitcoin and its  better  way to use your Bitcoin .
In this way if anything happen wrong then you will never feel more bad thinking because you already saved 50% of your btc in another form of fiat .
sr. member
Activity: 546
Merit: 256
July 20, 2017, 05:27:00 AM
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
I think you should not withdraw money now, try to wait for the bitcoin price to rise, a little risky will sometimes give you a more desirable result, maybe you will get a huge income while waiting.

With the network splitting close, I think while the price is at $2000 you should withdraw it, but not all of it, maybe half of it so you can be sure. The bitcoin dumped back to one thousands the previous days and I think it will be coming back this week because this is the last week before the month of August come. After these I think it will be pumping back to $2000 or maybe break the wall of $3000.
hero member
Activity: 588
Merit: 500
July 20, 2017, 05:24:20 AM
Now i see within week bitcoin price come back, but still i hold my bitcoins. Even i hear about 1st August and very strange things about price falling down, but i believe on bitcoin and i think now and after 1st August never give bad effect on bitcoin price.May be within month bitcoin price up and down, but in the end everything will be going fine. So i don't want to cash out my bitcoins, i prefer to hold them, and make money.
full member
Activity: 308
Merit: 101
July 20, 2017, 05:21:54 AM
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
I think you should not withdraw money now, try to wait for the bitcoin price to rise, a little risky will sometimes give you a more desirable result, maybe you will get a huge income while waiting.
sr. member
Activity: 994
Merit: 252
July 20, 2017, 05:20:13 AM
The rate of Bitcoin is increasing again, I think you should not cashout your BTC, you will regret
Yeah we needs to hold our bitcoin and don't not cashout it in hurry because its price is increasing to again and cash in out it now it will be loss. So holding bitcoin till its price will goes to 7000$.
sr. member
Activity: 308
Merit: 250
July 20, 2017, 05:16:25 AM
If you already gained enough then its okay to cash out some bitcoin but you have to see to it that you will only cash out because you need the money. And the rest of the bitcoin you have better put it in offline wallet for safety.
sr. member
Activity: 714
Merit: 252
July 20, 2017, 04:31:50 AM
Read some guides on what you should do instead of cashing out.
sr. member
Activity: 574
Merit: 250
July 20, 2017, 04:27:46 AM
wait, until the price so high
dont exchange your bitcoin in hurry, and try to read situation. just keep in your wallet and you can use for future too
hero member
Activity: 854
Merit: 502
July 20, 2017, 04:25:51 AM
I think this is a personal matter and no one can give you advice. Because they are not responsible for the money you own, it's foolish to hear any advice from this forum. In my opinion, it is best to make a decision for yourself.

Sometime we already had our own decisions but could not take it, so we need encouragement from others source, family, friends and even here in this forum. So nothing wrong to ask a opinion here.

My opinion, whatever you cash out or hold your bitcoin, all have pros and con, so do your homework and trust it. If you afraid and dont have confidence to how bitcoin will survive, or you absolutely sure bitcoin will survive, both decision need you to do your own research. Whatever you do right or wrong in the future, you will learn and growth.
full member
Activity: 122
Merit: 100
July 20, 2017, 03:56:07 AM
I think this is a personal matter and no one can give you advice. Because they are not responsible for the money you own, it's foolish to hear any advice from this forum. In my opinion, it is best to make a decision for yourself.
sr. member
Activity: 322
Merit: 250
July 20, 2017, 03:15:41 AM
It matters how much you have. I would really suggest that you transfer your bitcoins to a hardware wallet and that you keep it there till the harsh storms of August 1 blow over. It is the safest way to survive any fork and will also ensure that you keep your private key actually private.

I would, however, not suggest that you sell all your funds. Just keep it for now and wait for August 1 to blow over. Once that is complete, I think that Bitcoin prices will rise rapidly in the aftermath, ergo making it worthwhile to hold on.
hero member
Activity: 2716
Merit: 904
July 20, 2017, 01:35:38 AM
in my opinion it is depends on how people beliefs on that segwit thing but me to be asure i like to withdraw some for security purposes & leave behind others btc in my wallet & wait until segwit end.

If you got a lot of investment in BTC then you can do that but if you got the only couple of bitcoins then no need to go for it. Just hold on to it because sometimes you may not get a chance to buy again at lower prices for a long time. After all these issues sorted out then Bitcoin prices and other good altcoins prices will rise a lot so just hold on to it.

Yes that's true! you should hold your bitcoin earning for a long term investment and cash-out only what you need if it is needed, because bitcoin is worth  of investment.
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