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Topic: what is the right time to cash out? - page 3. (Read 3908 times)

full member
Activity: 630
Merit: 102
December 10, 2017, 12:00:34 AM
the perfect time to cash out is 10% increase in your principal money.
be aware and not be decieved by your greed.
always set your gain appetite on small amounts because the higher the gain the higher the risk.
legendary
Activity: 1442
Merit: 1025
December 09, 2017, 11:55:05 PM
I ve been thinking that now is the right time to cash out.
Not sure.
HODL First
If those are your thoughts, you may really want to have a rethink. Still, anytime is a good time to cash out as well as buy depending on each individual as long as they are willing to hold up to their decisions no matter what comes out of it. It is not everybody that wants to hold for too long and some may actually have been holding for a while now and they are willing to let some go based on some projects they may need to get done. That is what makes the ball keep rolling on anyway.

For someone who is really thinking of long term investment, this is really one thing to always look forward to, which is the future. Bitcoin is not a means to just make huge quick bucks and those who have been holding the coin all along knew what they had to stomach before even reaching here.

Nothing good comes easy, you have to understand the risk, stay as long as you can and then expect the worst but at the same time the best.
full member
Activity: 448
Merit: 103
December 09, 2017, 08:06:19 AM
I was so nervous that when bitcoin price dropped to 6000$ I was scared to loose more and withdrew my coins only to regret later that it became 8000$.
Please help me with your advice /opinion.

Seems you didn't trust bitcoin enough for converting too early. We all see bitcoin at its peak so nothing to worry about. Have patience and put your hopes into bitcoin. And I hope you've already learned your lesson.
It is all about patience, which most people obviously do not have. Most times, it takes some experiences like this for some who did not find out more or study bitcoin trend to use this kind of situation to learn that patience and not panicking are two major attributes every investor should have.

Once beaten, twice shy though. And one thing is, it is either you learn from other's mistakes or you make them yourself and learn from them.
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Most of the time people are inpatient, in bitcoin we need to be wise and look forward for the future. Bitcoin is fast growing and we are always hoping for the increase of its value in ordet to gain more profit just learn to wait for the right time to cash out our bitcoin.
hero member
Activity: 762
Merit: 500
December 09, 2017, 06:37:44 AM
I was so nervous that when bitcoin price dropped to 6000$ I was scared to loose more and withdrew my coins only to regret later that it became 8000$.
Please help me with your advice /opinion.

Seems you didn't trust bitcoin enough for converting too early. We all see bitcoin at its peak so nothing to worry about. Have patience and put your hopes into bitcoin. And I hope you've already learned your lesson.
It is all about patience, which most people obviously do not have. Most times, it takes some experiences like this for some who did not find out more or study bitcoin trend to use this kind of situation to learn that patience and not panicking are two major attributes every investor should have.

Once beaten, twice shy though. And one thing is, it is either you learn from other's mistakes or you make them yourself and learn from them.
sr. member
Activity: 658
Merit: 251
December 08, 2017, 09:01:34 AM
It happens when you're in a market which is very volatile and bitcoin haters play their part as well so I think it's normal but I do cashout my bitcoin when I need money for my personal expenses. If you get panic when bitcoin price drops then cashout some percentage of your bitcoins after bitcoin reach new all time high. This will save you some money.
member
Activity: 119
Merit: 100
December 08, 2017, 08:51:09 AM
Generaly the best time to cash out is when the prices are on the top. In that time you can make the biggest win of money. But these days to predict the right time to cash out is very hard, because the prices are making crazy pics and you do not know when to sell and when to hold.
full member
Activity: 226
Merit: 103
December 08, 2017, 07:01:08 AM
I was so nervous that when bitcoin price dropped to 6000$ I was scared to loose more and withdrew my coins only to regret later that it became 8000$.
Please help me with your advice /opinion.

For me, the right time to cash out has always been when the price of the coin we want to cash out is really high, thereby making us earn more than the capital we spent from buying it. I think this is the most common and absolute law in coins.
full member
Activity: 232
Merit: 113
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December 08, 2017, 05:15:42 AM
For me,  the right time to cash out is when you think that it's okay to cash out when it is high value. Your only enemy in cashing out is yourself,  because if you  cash out early you will be disappointed because it's value is low and if you cash out late you will also be disappointed because the value also is low than the past. So,  i recommend you to trust your gut feel and accept the reality of your decision.
member
Activity: 378
Merit: 55
Be Good to me!
December 08, 2017, 04:42:13 AM
I was so nervous that when bitcoin price dropped to 6000$ I was scared to loose more and withdrew my coins only to regret later that it became 8000$.
Please help me with your advice /opinion.

If l have a lot of bitcoin l will hold it and wait for $50000 dollars l think that's enough for me. But the bitcoiner saver will hold it until price of bitcoin for them is enough. Bitcoin holders have the very big chance to multiply more their money. It's important to monitor their coins so that if they see them.Although bitcoin going Down, nothing to worry because price is easily going up..The right time to cash out is depend on you if you want the price already. We have the free will when to sold or to dispose your bitcoin.
newbie
Activity: 28
Merit: 0
December 08, 2017, 02:06:40 AM
Normally you can cash out at any time your bitcoin but if you are asking about the right time then i will suggest you to wait more and more till the rate cross 25K$ because the rate is still low and is increasing very quickly but if you need urgent payment then for you the 31 Dec is the right time to cash out your bitcoin.

You cash out when you make profit bro, as simple as that  Smiley
sr. member
Activity: 1526
Merit: 332
December 08, 2017, 01:52:16 AM
I was so nervous that when bitcoin price dropped to 6000$ I was scared to loose more and withdrew my coins only to regret later that it became 8000$.
Please help me with your advice /opinion.
If you were nervous and hesitating to withdraw then don't withdraw your money because bitcoin price is now increasing so that soon you will get a high profit. The better option for now is to hold and it might become more higher compared before. Even though it is in your wallet it will still gain profit.
full member
Activity: 266
Merit: 100
December 08, 2017, 01:18:51 AM
When you already earned a big amuint for your investment.
That isn't really a reason for you to cash out because you won't really know if you already earned that "big amount". Bitcoin's price is still increasing. So your best option is to just hold it. Don't pay attention to the constant pumps and dumps, just focus on what can happen in the long run.
member
Activity: 210
Merit: 10
The P2P Marketplace For Digital Content
December 07, 2017, 11:51:13 PM
as soon as you think you have earn a lot money from it, you should think that is a good time to cash out, because we all know bitcoin is gonna drop one day in not far future, we can only sell when it reach our target and never be too greedy now, it may make you loose money.
full member
Activity: 258
Merit: 100
Look ARROUND!
December 07, 2017, 11:04:26 PM
haha, when trading, if you are always scared, you can not give the right decision. I hope that you have not sold at $6000 because Bitcoin now has climbed to over $18000
newbie
Activity: 71
Merit: 0
December 07, 2017, 10:51:24 PM
When you already earned a big amuint for your investment.
member
Activity: 238
Merit: 10
December 07, 2017, 10:31:47 PM
That is clear mistake because you were afraid to losing your bitcoin. Being trading is very risky. why you do not think it's a good opportunity when the value price become low, because you can buy bitcoin at low price then you just have to wait to increase the bitcoin's value price so you can sell it at high value.l, so you can earn some bitcoin.
I think it is the time of buying more and more bitcoins and in future if you can understand that now you have earn more profit by selling your bitcoins then you can cash out but rememeber in future it is more expected that world will accepting bitcoin for payment and when its started then no one can need to cash out bitcoins because they will be can pay in BTC.
sr. member
Activity: 1232
Merit: 250
December 05, 2017, 01:52:49 PM
Cashout immediately after receiving  if you get BTC or any Altcoins through selling any products and service, as its not an investment, capital is required to continue the flow of product. This is basically if you use it as currency.

But mostly people now use it as investment, then its better to sell when you reach your profit milestone, or even you can wait more by setting new milestone. Actually Cashing out depends on your requirements. If you are in profit you can surely cashout if needed urgently, if in loss hold it more if and only if there is no urgency or alternative methods to fulfill your needs.
full member
Activity: 490
Merit: 100
December 05, 2017, 09:43:14 AM
The right time to cash out if cashing out is  your objective is when you reach your target price! Before you start to invest you must have had a price in mind! The price you have in mind is your ultimate profit!  I there should not be any regret if you sell at that price!
full member
Activity: 504
Merit: 100
December 05, 2017, 09:33:56 AM
I was so nervous that when bitcoin price dropped to 6000$ I was scared to loose more and withdrew my coins only to regret later that it became 8000$.
Please help me with your advice /opinion.

When it comes to cashing out my bitcoin or whatever coin I had, the first thing that comes to my mind is always how much do I need and how bad do I need it. The thing is whenever we cash out coin and get a lot of money that is beyond our means, it just goes to waste. Why not just cash out what is needed and leave the rest for holding, that way when the price becomes higher you'll still have some.
full member
Activity: 238
Merit: 100
December 05, 2017, 08:26:04 AM
I was so nervous that when bitcoin price dropped to 6000$ I was scared to loose more and withdrew my coins only to regret later that it became 8000$.
Please help me with your advice /opinion.

That was huge mistake but its ok. But now onward you will not repeat it. If bitcoin is dropping its price doesn't mean it will not recover .It will recover for sure not quickly. It will take some time but it will surely get back to track. You have to be calm and wait for it .As you look at the bitcoin graph its increasing its value. If you dnt need money then dnt cash out it ,keep it .It will surely give you profit. Smiley
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