Topic: Should I cash out my BTC now? - page 5. (Read 19879 times)
Such a interesting question i've read on this forum. You should make your own decision mate because these people in this forum is not you, they don't know what you need at the moment. So if it's a emergency situation and you don't have any cash right next to you, yeah then you should cash your btc. If not, hold it and it will bring you more profit in the future.
Since the exchange rates have risen by more than 25 times during the last 2 years, I don't think that it will be a bad idea to convert at least some of them to fiat. But IMO, the user should hold at least 75% to 80% for long term.
See, that's what most people should do instead of investing it in the Altcoins that are trying to give people a hard time in making BTC.Bitcoin should be purchased for long time holding and should get split with a fiat percentage that allows the investor to purchase Bitcoins if the price per Bitcoin crashes below the initial investment price.
Bitcoin purchases for the short term should only be used if that person is not an investor and is trying to work on the transaction features that Bitcoin has because the price of Bitoin cannot hold above the range that it's at right now without it.
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
I would suggest to hold it a bit more but as you can see cashing out your money is still your own decision. It still depends on your needs. Maybe you will be having an emergency of course cashing it out will be a good choice. Setting aside, holding it will just persuade you to just continue holding it why? because bitcoin value is still not at peak, meaning its value is still increasing so as it increases your money increases and with that you'll just continue to hold it right?
So as I said it is still for you to decide, but i would extremely suggest that at the end of this year cash it out already
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
This decision is up to you to make, since you were the person that actually invested your cash in the market and nobody did that for you, you should be the one to decide when your profit has been made( I Mean max profit Here) 
Since the exchange rates have risen by more than 25 times during the last 2 years, I don't think that it will be a bad idea to convert at least some of them to fiat. But IMO, the user should hold at least 75% to 80% for long term.
if i become you
I will take as necessary for daily needs.
according to expert experience btc value for next year will increase.
and I believe it proves to many of his new investors who are eyeing to invest btc.
In my opinion .. yess i will cash out my bitcoin if i really need it . But if i dont need money why should i cash out my bitcoin? Yes i am serious cause i dont want to waste any cent of my bitcoin in any reason which is not needed . .cause we all knows that there's a future and we all knows nowadays that bitcoin will climbed in high value .. so i suggest to keep your bitcoin instead of withdrawing and wait until bitcoin reach the higher value then sell. If you worrying about if your wallet will be hacked , cause you have a big amount of btc in your wallet. then withdraw it right away. Best Regards
It is increasing so, how can I sell 
I will continue to wait for it
It's still growing. This time you should keep
Loving the optimism of this guys.
I hope it will go as you want it to because I am also on your side.
We can wait as long as we want even if the price goes down a little.
It is the best way to see a better profit rather than selling it rushly which you will just regret later.
I will continue to wait for it
It is increasing so, how can I sell
This means that you don't need the money now. When you will need money you will not think increasing the price or not. That's good. This attitude towards bitcoin allows you to not make hasty purchases and save their money for more important needs.
It is increasing so, how can I sell
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
I don't think you should do that. I believe that the price will go up, have a bit of trust in BTC :-) Right now there is a massive bubble. I think it would not be unwise to cash out now and get back in after it crashes, which is inevitable.
Are you sure this is bubble? I mean, every day more people hear about bitcoin, more people are accepting it as payment method and logically price is going up.
I don't think this is bubble and I think holding is reasonable unless you really need money, in that case cash out.
Currently it has increased to $ 4810. Can it increase to $ 5000 tomorrow?
It's still growing. This time you should keep
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
It depends, if i need that money very badly then i will cash it out without hesitation but if it is not urgent then i will save it. Looking at the progress this year, i think if i save until december it will get to $5000 so it's better than cashing out now. 
I think if you are really concerned you could sell a portion of them if you think the correction is coming and as soon as it does use some of your profits to buy back in. However, long term if you dont need the money its probably worth just holding on.
Right, if you do not need money then it's better not to sell Bitcoin because the price will surely go above $5k and you never know may be it will increase further. So hold them for a bit longer.
I agree dude. Hold Bitcoin and the price will go above $5,000 to $6,000 and beyond. That is my guess, although you can never know for sure in any market.
You can pull it out tomorrow.
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
I use to save my bitcoins for my future and when ever i am in need of fiat currency i just convert how much i need and balance i keep in my investment wallet.
If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
i guess if you really need it to spend for an important things, you could cash it out, but if you just want to cash it out for no reason, i suggest that you don't, and still wait for a bit more time so the conversion or the value of bitcoin would go larger or higher so the money that you will earn may be more than you had expected, but be aware that it could be less than you might think because the value of bitcoins is not constant and can change in anytime. but if it did, then it is up to you if you will convert it. 
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