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Topic: Should I cash out my BTC now? - page 3. (Read 19814 times)

sr. member
Activity: 392
Merit: 257
September 04, 2017, 03:11:25 PM
I don't think so that you should cash out yet as there are many ups and downs in every investment it doesn't mean that at every down you will back out and would regret later.In bitcoin believe and keeping faith in bitcoin is necessary by holding them as they will rise up again and agian they have proven themself many times.I think bitcoins will cross $5k before this year ends.
sr. member
Activity: 264
Merit: 250
September 04, 2017, 02:52:49 PM
bitcoin still grows the next day you can benefit by investing it but if you have collected bitcoin for a long time and you want ti melt it now it must have many advantages that you get
I made a mistake in previous time when bitcoin was trading at 2600$ I sold my bitcoin and after that the market boost out. now we can see that bitcoin price is trading above 4000$ and still its price is continuously increasing. but this time I am not going to repeat the mistake and will hold my bitcoin for a long time when its price will hit 8000$.
sr. member
Activity: 784
Merit: 252
September 04, 2017, 02:40:51 PM
bitcoin still grows the next day you can benefit by investing it but if you have collected bitcoin for a long time and you want ti melt it now it must have many advantages that you get
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
September 04, 2017, 02:11:54 PM
It totally depends on yourself.
I invest all my bitcoins in trading and investing them on yobit. I get a good profit there. I find investing them instead of cashoing them out. The use of your bitcoins totally depends on you. You can do trading with them or start investing them. I would prefer you to start trading with some good knowledge and skills with your bitcoins for some good profit.
Well, I agree to that it totally depends on yourself. If you need some money you should cash out your bitcoin but if you do not need money I think you should keep or hold it because there is a possibility that thre price of bitcoin will increase in the future and it will reault to a good income.
sr. member
Activity: 322
Merit: 250
September 04, 2017, 02:07:20 PM
No! Try to hold as much as you can right now, we are in the correction right now and i think it will go up soon, but first we need to broke the $4000 support resistance and touch $3950, this will make a correction again and it will go up.
Just like it happened before, you dont need to worry people! this always happens and bitcoin always needs a correction, it cant be bullish all the time.
We are so near to $5000
sr. member
Activity: 2100
Merit: 254
September 04, 2017, 02:04:43 PM
I think most of the people are holding there bitcoins right now, a correction was coming up, even though I didn't see it coming that it would happen today!
I am also holding and just bought some more
sr. member
Activity: 1050
Merit: 269
September 04, 2017, 01:50:26 PM
You can see that BTC is down check ( crypto) , if you are an investor, you will buy, not sell. It is my personal opinion that it may not affect your decision but you so decide what you should do, not my decision.

Some people tends to cut losses so they are forced to sell their Bitcoin at a lower price ( those who have no faith in Bitcoin).  As for me it is best to buy when price is going down and sell when it is going up (  at the maximum price if possible).  But we cannot blame people that have financial needs to sell their Bitcoin even though it is going down in price.  We can tell them to wait but the consequences cannot.  So I guess if a person really need money then sell them else he can just wait until the price recover.
newbie
Activity: 39
Merit: 0
September 04, 2017, 01:47:17 PM
It is dependent on you, If you require your money since you have a essential to buy or the items that you need to have just cashout your BTC. If not, just better to maintain it and wait when the BTC pump or trade it into altcoins.
newbie
Activity: 21
Merit: 0
September 04, 2017, 11:38:48 AM
If you can't take a loss, get out now.
The whole thing is in a bubble right now, overpriced by kids that thought they could make a quick buck, but got eaten alive by whales.
Now they will all slowly get out as it gets regulated or eliminated by higher authority.

All these "coins" or "ALTS", whatever you call em, actually never really had value or ever will.
You are buying "coins" from someone else, the company already has the money and could not care less what happens to the currency.
Bumps on a tweet, drops with the news... the whole thing is pretty funny when you take a step back.



full member
Activity: 210
Merit: 100
September 04, 2017, 11:37:37 AM
You can cash it now and you will get a lot of money, but If you want to have more, predictions says that after six months Bitcoin will be in the TOP so you can wait.
newbie
Activity: 33
Merit: 0
September 04, 2017, 11:32:49 AM
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?


I would only stay with BTC because common money is losing its value. Grin
newbie
Activity: 13
Merit: 0
September 04, 2017, 11:27:55 AM
It depends to you . You need to think of it carefully . Think all the positive and the negative that are going to happen . Nowadays as the time passes the btc price increases and for the negative side what if btc price drops? But i dont want that happen too . Just think carefully it will be a risk . A 50 50 percent situation .

It is also depends to you bro if you need money for your financial support then cash out it  . There is so many things will happened so think carefully .
newbie
Activity: 19
Merit: 0
September 04, 2017, 11:23:55 AM
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
The only one who could answer that is you. If you really need it, then you have no choice but to convert it to real money. but if you just want it, then i suggest you shouldn't. cause if you wait it to increase, then you have a bigger amount of money. in short, needs is better than wants.
full member
Activity: 420
Merit: 134
September 04, 2017, 11:22:04 AM
Maybe i'll try to invest it on some alt coins or save it for later use. We won't know when btc will pump up its value.
full member
Activity: 274
Merit: 100
September 04, 2017, 11:19:48 AM
Sell? No, buy. Buy the dips, buy the dumps, sell the pumps. Panic selling is the sign of a weak hand and a noob move.

Ride the wave and buy in. BTC is falling, but this ICO news from China shouldn't really have a massive impact on BTC. This is panic selling, and a loss in faith in cryptos as a whole - all this is doing is undervaluing bitcoin and making it a better time to buy.
sr. member
Activity: 423
Merit: 250
September 04, 2017, 11:16:49 AM
Dude. I suggest doing your own research and decide yourself. Don't rely on other people's choices and or decisions. Or maybe look at previous threads here and in other forums, and also on reddit. I've seen too much threads like this to be honest.
It it could be better if you would take time to learn thing for you to know if you are going to earn or to have a profit on youe possible decision that you will conaider to do. It is a good thing that personally you have a proper knowledge in terms of bitcoin system in terms of price, value and transactions.
sr. member
Activity: 638
Merit: 300
September 04, 2017, 11:11:00 AM
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?

If you badly need a cash you may cash out your bitcoin. It may help you financially but I would suggest not to cash it out if you don't need cash badly because it might increase the value later. I mean the value of bitcoin is increasing . But of course you need also to research and think what is best to do.
full member
Activity: 630
Merit: 123
Join @Bountycloud for the best bounties!
September 04, 2017, 11:01:01 AM
No, you dont have to cash out right now, i'm for sure that it will be more than 10 000$. Cause the btc services started in so many countiries.
hero member
Activity: 854
Merit: 500
September 04, 2017, 10:02:22 AM
Knowing we will have bitcoin halving at 2020 i wouldnt consider to exchange my coins into fiat unless i have some emergency that my salarie cant cover, into those situation i would exhange faster as possible, as i see bitcoin keeps growing and for me does mean a good moment to hold for the future.
hold it, everyone of us is still believing that bitcoin will go higher and higher before this year ends, yes the price may change but still it has a good price in the market we should be happy for that knowing that in any instances bitcoin price may be more increase and it will more recognize in many countries in the world so hold it.
hero member
Activity: 966
Merit: 507
September 04, 2017, 09:29:37 AM
I see no reason for a panic sell-off right now. Remember that before this pump, in June the price reached a record high of $ 2800 only to suffer a precipitous fall to $ 1800 at the beginning of July (a drop of almost 40% in a matter of days) then recover its bullish trend with renewed vigor until these days. So I think this correction we're witnessing is just one last chance to buy before the next scale at $ 7,000.
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