Should I cash out my BTC now? - page 32.

Netnox

legendary

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Quote from: duyduc256 on July 18, 2017, 11:36:44 PM

I think you have 2 choices. You can withdraw 50% of your assets now because the Bitcoin market is showing signs of going up or you can wait after August 1 to withdraw because we do not know if Bitcoin prices are up or down. The decision is up to you

I believe that right now the chances of a split are less than 10%. If everything goes smoothly on August 1, then the prices can increase steeply in the next 7-8 days. Who knows? We may even hit new peaks such as $5,000 per coin or $10,000 per coin. So it may not be a good idea to cash out your coins now, when the exchange rates are down.

sapnu

sr. member

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Quote from: mk4 on July 17, 2017, 11:29:31 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.

I agree because you're the one who will decide if you want to cash out your btc. That's not ours its your so you're the one who are responsible on handling it. I suggest.

gabbie2010

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whether to sell bitcoin now or not and wait till August 1 is a personal decision. At times financial obligations can prompt the decision to sell off or change to fiat to pay off some bills. Personally I prefer holding my bitcoin whatever the case may be August 1 will decides.

qiman

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I would only take out a portion of Bitcoin if I had just to help pay for extra expenses or to have some extra saving, but I would not cash out my full amount of Bitcoin because of FUD and panic. I think Bitcoin is too healthy for that. Already it has gone up in price the last few days.

noictib

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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?

Ofcourse I will wait because the main reason is that I can increase my earnings with only wait .
Suppose I got payment in btc and deposit in exchange and then bought a good future type coin and if I can wait for one
Year them it can be results into lot of money because everyone here knows that every coin in the future will be increase in
Much times , so if you can wait then you should wait until you turn your money double , But if you cannot wait long then
Only hold a small part of the payment in the cryptocurrency because our needs are basic then what we will get money in the future.

rainingbitcoins

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Quote from: duyduc256 on July 18, 2017, 11:36:44 PM

I think you have 2 choices. You can withdraw 50% of your assets now because the Bitcoin market is showing signs of going up or you can wait after August 1 to withdraw because we do not know if Bitcoin prices are up or down. The decision is up to you

Lets be positive and wait for some more time and I personally feel that this is not the perfect time to cash out bitcoins as price may go higher after August 1 and if you cash out now then you will regret at that time when you will see price going higher so waiting is the right choice to make.

duyduc256

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I think you have 2 choices. You can withdraw 50% of your assets now because the Bitcoin market is showing signs of going up or you can wait after August 1 to withdraw because we do not know if Bitcoin prices are up or down. The decision is up to you

prieaji

full member

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If i need money then i will melt it as per its requirement, otherwise i will hold it.

Sniper150

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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?

If I were you, I won't cash it out. Bitcoin price was constantly fluctuating and it is better for you to wait until its price goes up. As of now, the price of Bitcoin is 2300$ and I think it will rise again after a month. I've read that bitcoin will split in the month of August, do you think it would happen? How do people predict that it is possible to happen?

Currently, I have my bitcoin in my wallet and I'm still waiting to raise its price so that so that I can cash it out.

Russlenat

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Quote from: SaShiRaJaVu on July 18, 2017, 06:45:48 PM

Quote from: chutchmcgillicutty on July 18, 2017, 06:01:58 PM

yes do it. cash out now

If you are going to sell it now,so be it,but that does not mean that this is the best price you can get with bitcoin,there might be certain down rallies in bitcoin but that does not mean that it will be like this all the time,so if you are not in need of urgent money,just keep your bitcoin tight so that we will see another rally by the end of this year.

Yes that's true! cash-out only what you need, bitcoin is a good investment and for long term. You should also invest in alt-coins! alt-coin is worth of investment too.

SaShiRaJaVu

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Quote from: chutchmcgillicutty on July 18, 2017, 06:01:58 PM

yes do it. cash out now

If you are going to sell it now,so be it,but that does not mean that this is the best price you can get with bitcoin,there might be certain down rallies in bitcoin but that does not mean that it will be like this all the time,so if you are not in need of urgent money,just keep your bitcoin tight so that we will see another rally by the end of this year.

chutchmcgillicutty

sr. member

Activity: 406

Merit: 251

yes do it. cash out now

7788bitcoin

legendary

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Merit: 1023

I really thought that the market would go down further but to my surprise the market started recovering which i never expected and sold some coins when it went down $2000 thinking it might go down further,but that was a decision i took,which looks silly after the recovery.

MrDreamerrr

newbie

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at least the price is going up again and like the other times it will take a drop in the weekend

aTriz

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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?

How much do you get laid? Say if you have a part time job as a freelance/coder or graphic designer I would probably just leave all of the bitcoin that I earned from it alone. It shouldn't be that much and I would just invest that in bitcoin, unless you are desperate need of that money. This would be different if you went full time and your payment method was bitcoin. Firstly I would not recommend this since it too risky as a full time job. I would recommend you turning 70-80 percent of your earning into foat for bills, food etc.

Collider

hero member

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If you are satisfied with the current price and if its giving you good profits then you can sell some of them to grab the profits and rest you can hold for the future so that you can sell them that even higher price so to sell or not to sell will depend on your entry price and accordingly you can take your decision.

joseafonso123az

sr. member

Activity: 476

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If you have payments in btc and that is money that you can't lose, well you should decide what is better for you in first place. If you need it in fiat, then do it. If you just want to cash out because of the 1st August changes happening to the blockchain, well, in my oppinion, I think bitcoin has everything to increase after unstable phase. But as this world is so volatile, we don't know what will happen an it's just a prediction from me.

Dainye_dyep

full member

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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?

If you really want to have such a great value equivalent for your money in btc, you will be surely have to wait until it pumps once again back to its normal rate. Continuous dump that has happened last July 14 that lasts for at least 2-3 is not an indication that you must cash out your money now by converting it into your own currency. It just happen that dumping is just a part of the bitcoin cycle. But if you really want to use up your money now by cashing it out, it will be your choice that will vary.

malikusama

copper member

Activity: 1050

Merit: 294

Selling at this price is not a good decision indeed unless or until you need money, i will not advice you to sell them right now. August 1 is close now and it is expected that the price will increase after that.

jamsproject

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https://paxful.com/roots/buy-bitcoin?affiliate=ePn

It's up to you. As for me, I will hold or hodl all my babies...I mean Bitcoins and keep buying small amount.
In fact, just bought a few more last week at Paxful.

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