what is the right time to cash out? - page 4.

Mademoiselle

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Quote from: Nariza on December 05, 2017, 01:57:13 AM

For me, the right time to cash out is you will wait until the value of coins increases..if the price goes high, much more profit.

This is truly right, but for me, it depends to cash out. Incase of emergency thats the time to have my earnings, but as long as no emergencies i wait for the currency to increase until i reach my desired amount, there i cash out.

azguard

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That would be in some time for me maybe, been foolish back when I sold almost everything now im waiting and hopping to cash out when I see fit for this.
Maybe best option is to wait and sell maybe in year or two.

Nariza

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For me, the right time to cash out is you will wait until the value of coins increases..if the price goes high, much more profit.

shezu007

full member

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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.

sandy14350

full member

Activity: 154

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it was such a bad move.. bcz btc is the king and the best coin the crypto world has ever seen, so my advice would be simply ever dont sell btc, accumulate as much as possible and cash out only when u need money immediately bcz btc has the potential to grow 50000$

migolmigol

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Quote from: kuronokishi10 on November 19, 2017, 02:05:45 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.

The decision is really up to you. You may do researcy and make technical and fundamental analysis to help you decide. But the end of the day, Bitcoin price is still unpredictable. There are a lot of factors and reasons that may affect the price of a Bitcoin.

Maybe may tip is determining what kind of investor you are. A lont term or short term. So in that way, you can decide on holding on to Bitcoins for years believing it can be profitable in the long run or sell it everytime you think its going down (active trading)

chichigirl

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HELENA

Quote from: kuronokishi10 on November 19, 2017, 02:05:45 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.

I cannot tell the exact time when is the right time to cash out because trading is very unpredictable together with the price. The price of bitcoin now is very expensive, when btc price is expensive in think it is the right time to cash out but since btc price is unstoppable, i don't know if it is right time for now to cash out when suddenly in a couple of hours btc price increases.

dg2010

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If you invest in Bitcoin, you should not be nervous. Whenever you want, you can withdraw your money and get profit. But I would like to suggest you that if you are unnecessary, let hold Bitcoin as long as possible. You will earn big money.

dasher797

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Quote from: Grossthschild on December 04, 2017, 06:59:32 AM

Dont sell now.
It is bullish.

Never sell during bullish time.
Getting rich

Sell bitcoin when it reach new high level and don forget to buy it again. It is not as easy as we think since the price of bitcoin is unpredictable. But we cannot avoid to sell bitcoin when we there are emergence need that requires us to sell our bitcoin.

feelideb

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The right time to cash out is when you hit your price target. That is why it is important that you have a target before you commence trading.

Fazlurkhan.kz

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The right time to cash out is when you and only you feel so. If you feel it right to cash out and you just want that particular amount of profit then it's the right time. And of course never cash out when the price falls below that price in which you purchased. And only cash out when the prices are high! Never panic if tge coin you're holding is showing a decrease in price, instead wait for it to rise again and then you can sell it. And if the price of that coin rises further, you should never feel that you took a wrong decision. It's trading, either you have a profit or loss nothing else and always focus that you earned profit, how much? Doesn't matters!
Good luck!

samcrypto

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Quote from: Grossthschild on December 04, 2017, 06:59:32 AM

Dont sell now.
It is bullish.

Never sell during bullish time.
Getting rich

If you look at the price movements of bitcoin it is really uptrend and selling your btc right now is not a good idea because I know bitcoin will continue to pump higher and those who believe on bitcoin will surely enjoy big profit so better to hold.

Grossthschild

newbie

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Dont sell now.
It is bullish.

Never sell during bullish time.
Getting rich

Bitcoininspace

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Quote from: kuronokishi10 on November 19, 2017, 02:05:45 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.

you obviously do not like to risk bcz withdrew money from your wallet so early. recently the rate has exceeded 10,000 $... what can I advise here? At least you had bitcoins

))

aencarnaci

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Quote from: aardvark15 on November 19, 2017, 07:47:35 PM

Quote from: kuronokishi10 on November 19, 2017, 02:05:45 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.

I’ve made this mistake in the past. Sometimes you just have to invest and then not look at it for a few months. If you panic buy and panic sell you’re going to miss out on gains. Cryptocurrencies are high risk investments and there will be volatility so you need to invest money that you can be willing to lose if it goes bad. This will help you be able to buy and hold long term.

With Bitcoin, you are most likely going to make money if you buy and hold for a few years even if the price drops some during that period.

So many people have made this mistake a lot and that is the reason why not knowing the details of what one is investing in is very bad. This forum is not for decoration or signature campaigns alone, there are so many people who have shared stories like this in the past, and the problem is just to ask questions. However, like they always say, every mistake is an experience and we get to learn from it.

Wonder_woman

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I am hired and not own by any Team!

Nervous cant help but I understand what you feel when it comes in choosing whether you sell or not because of the fear that it may drop or doubted if it will be more higher. Much more better hodl than become regretful soon.

Pasnik

sr. member

Activity: 649

Merit: 250

Quote from: bitfocus on December 04, 2017, 02:01:12 AM

You should not seek other's opinion for your money, wealth and investment, especially Bitcoins. Suppose they suggest you sell in the loss, will you follow? No good investor depends on other's opinion. You need to study a lot about Bitcoins and Investments.

Absolutely yes, in investing in bitcoin you have actually to take risks to invest. Because bitcoin will increasingly the value and dont lose hope to hold. When you hold think of a better profit.

thetractor666

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ExtraCredit ICO 20% Presale Bonus! extracredit.io

The right moment to cash out the when you don't want to invest in crypto currency anymore, cause of losing or enough on winning.

bitfocus

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You should not seek other's opinion for your money, wealth and investment, especially Bitcoins. Suppose they suggest you sell in the loss, will you follow? No good investor depends on other's opinion. You need to study a lot about Bitcoins and Investments.

KKaruchis

member

Activity: 99

Merit: 10

I think whenever you got on green numbers is time to cash out and w8 for the next down

Topic: what is the right time to cash out? - page 4. (Read 3912 times)