Should I cash out my BTC now? - page 29.

klf

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Quote from: Jenn09 on July 20, 2017, 12:14:25 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.

DAVETUN

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Bitcoin is the currency of this age

Quote from: hassanabid on July 17, 2017, 11:23:47 AM

If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?

It is a personal decision to make,if you are in the business of bitcoin,you must be ready to take the risk at all but with detailed relevant information.as for me I am not cashing out,bitcoin can not be devalue, even after August 1st

Jenn09

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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.

Prodigan786

sr. member

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I am not cashing out my bitcoin may I invest more on some other altcoins but there is really no idea about cashing out bitcoin in near future.

acpr23

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if you dont really need fiat money, then hold until you can, but if you really cant hold it then sell, sometimes we cannot really hold if there will be an emergency and you need your money right in your hands.

magmar

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Quote from: hassanabid on July 17, 2017, 11:23:47 AM

If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?

I would probably hold it because I know that the value of it will increase. It is a great investment for me to became successful in the future. If I sell or cash out everytime I get my payments I wouldn't have my savings and I wouldn't have a big money in the future. Maybe some of it will be cashed out but the remaining will be an investments.

noobinscrypt

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If i had my income as BTC, if i lived in a place that easily accepted btc for payment I might do that, but currently i do not. also it may be in for a downtrend so its hard to choose speculated asset over local currency.

lighpulsar07

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I suggest that you should do a research and decide on your own although other people's decisions and choices will help you but not all the time so, decide what's best on you and do it. but my advice to you is, don't cash it out because you might never buy it back bitcoin's price always rising although it crashes down 1800 but it regained back so easily.

Vishnu.Reang

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Quote from: tansoft64 on July 19, 2017, 10:47:40 PM

Cash-out only what you need, and hold other for long term. Bitcoin now is back to pump again and I think after August 1 bitcoin split this bitcoin will rise up to 3000 usd or more...

It is still not clear whether the split will happen or not. As of now, it seems very unlikely. But you can't disregard any possibility at this point of time, since the entire crypto-currency sector is extremely unpredictable.

keithers

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I would say there is zero reason to cash out of your bitcoin right now unless you:

A) need the money for general living expenses or to put food on the table for your family

B) to keep a roof over your family's head

C) need to pull back your initial investment because you want to diversify into something else (potentially less risky)

If you are planning on selling to just let the cash sit in your bank account making .001% interest, then that is a bad investment strategy

nhd2604

newbie

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The rate of Bitcoin is increasing again, I think you should not cashout your BTC, you will regret

tansoft64

sr. member

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Cash-out only what you need, and hold other for long term. Bitcoin now is back to pump again and I think after August 1 bitcoin split this bitcoin will rise up to 3000 usd or more...

Casdinyard

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If you don't need money there's no way of cashing out.
Just hold and wait what will happen after the activation as no one can really tell what's next.
And so it's a make or break situation to all of us that are still holding.

chichigirl

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HELENA

This is not the right time to cash out your bitcoin. Wait for the higher price. Some people said that on aug 1 bitcoin will increase. Let's just wait for that to happen.

smsohag

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Wait, keep your btc on 1st August. I think bitcoin rate increased on August. I am not sure but I think so.

Daisuke

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Quote from: Praesidium on July 19, 2017, 10:25:46 PM

Quote from: hassanabid on July 17, 2017, 11:23:47 AM

If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?

For me, I guess, it is much better if you hold your coins for now and wait until August 1st on what will happen next. There's a big possibility that bitcoin's price will increase as compared to its present price right now.

In my situation i save all my payment in bitcoin in my wallet so that when the time comes and bitcoins price will still go up i have a huge savings on my wallet and it will be a huge profit for me.

Praesidium

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Quote from: hassanabid on July 17, 2017, 11:23:47 AM

If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?

In my situation i save all my payment in bitcoin in my wallet so that when the time comes and bitcoins price will still go up i have a huge savings on my wallet and it will be a huge profit for me.

OMGyasuo

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In this regard, I think no one can give you advice or help get rid of this question. Because no one really knows ahead of time what the future will be like. In particular, upcoming changes will affect the price of btc. Now I think you should self-study and make the decision to avoid later blaming others ...

camsicuya

newbie

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Do you need the money right now? Are you okay if the value drops a bit for some time?
If I had mine payment in BTC and if I needed the money I'd cash out or buy things with BTC if I could, but else I'll just save them up - this is what I'll do you don't have to follow my views here.It really depends on your beliefs and what you think is the best answer here. After all it is your money and you should think clearly what do you want to do with it.

shamzblueworld

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Quote from: hassanabid on July 17, 2017, 11:23:47 AM

If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?

I wouldn't but actually it depends upon what do you mean by payment, if it is payment for services here and there then of course not, I would keep it in bitcoin. Safe and solid somewhere, but if it is my work, the job I do and I get paid in bitcoin, then of course to support myself and living, I'll cash out to use for daily life stuff.

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