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With recent events in crypto currency trades since January 2019, I have learnt to cash out

Crypto currency long term hodl is very good and rewarding no doubts
But we are at a stage where crypto is formed by whales and the money controllers

With the persistent pump and dumps by the whales; crypto is like a game at the moment

It applies to so many coins coming from ICO and some on stable coins, you must know where your exit point, because of the whales controlling the scenarios you might be late to sell your coins, this has been the issues for those who can't keep up, they are left as bag holders.

It is important to know how to return to FIAT at the right time and amount of investment. And yes, the crypto investment is always risky.

The only reason or goal why investors and trader do holding is the big rewards that they will earn. Cryptocurrency are very unstable and we all know that whales can really manipulate the market and even the price.


Actually, investing in any kind of cryptocurrency are very risky and we can't do investment without any risk. If you are risk taker you are capable to invest in any kind of crypto simply because once you take the risk there will be a chance that you could get good rewards. I have been investing in crypto for a couple of months and right now I keep on holding it.

Game of whales and pump and dumps? if you have learnt to cash out, you did good. The market recently fell and a big amount has been wiped because of some issues. But this doesn't mean that the market will go lower than expected and if you don't have plans to get back, it's up to you. And no one will force you to change your mind but I think that time will come and you will change your mind to get back when the market starts to get on the track and bullish run.

indeed. Many people like to make money, cash is indeed a way, but now is a bear market, cash is very low, you can consider staying in the bull market. This may earn more.

Brilliant idea friend but I hope you still have some to hold? Don't sell all your coins since crypto is unpredictable it will be a stupid move, but for those who have no other way to earn money or part time real jobs it will be better to take out of your profit to sustain yourself and keep joining  airdrops too, I've been able to live on airdrops since I usually join up to 10 different airdrops in a week

You are a 100% right about Crypto been like a game for now,  I don't miss any opportunity to cash out, had an experience about a particular coin that I was supposed to get $195 if I trade but I didn't and as of now it's not even worth $30 again

I think crypto market is maturing slowly but surely and we will see massive volumes and stable growth in next 4 to 5 years so market will finally come out of whale control and as a result speculative trading will decrease as well.

If you are good at finding the tops and bottom of the price movements then definitely you can make more profits than long term holders.But it has more risks as well than holders so you have to decide which one can be best for you more profits with more risk or no effort and decent profits by doing nothing.

Crypto is clearly like a game played by whales, but we also need to be able to see good moments so we don't experience losses, and finding the right moment is very difficult because it requires strong analysis and solid predictions, and also requires experience mature ones.

the most important thing is the right time. not how many whales are pumping or dumping, as long as we can find the right time, we will never fail. those who fail are those who are affected by rumors and force to enter the market even though the situation is not possible.

The fluctuating of price of cryptos could linked to so many factors. Sharks & wales, governmental factors, scam projects etc. Scam projects, once biting twice shy; Government factor, some investors are scared that government might finally clamp down on cryptocurrency while sharks and wales, due to some manipulations some already investors are pulling out their funds to reducing losses. I think these factors are responsible for the fluctuating prices of the markets.

At the moment? It's always been like this, whales have always manipulated the market just so they can profit from it, the ones that the take hit from those massive swings in the prices are the peasants like us who can't do much about it other than discuss it in crypto-related forums.

To a lot of people, crypto, especially the altcoin market, has become a 'gamble', some will gamble their money in some altcoin expecting for the pump to dump, if it doesn't work out, they simply move on and find another coin to gamble their money expecting big profits. You've learned to cash out, that's good, now you need to learn how to time the right moment to cash out.

I agree with you and think that holding is not always the best way. But during the red times, you have an awesome opportunity to invest, because the prices are really great and will bring you more benefits in the upcoming days.

Well sometimes you have to cashout and after buy again, like on bitcoin you could make some extra coins if sell at 5500 and buy at 5100 again, most of people do trades and get a good profit.

Yep I agree, and it's supported by the fact that most of coins / tokens on the market are not really feasible and only a hype. Let's say utility tokens, majority of them are currently not usable and the price are almost just a hype and controlled by supply and demand on the market. However, blockchain is not currently a new thing and still in development progress. Later, I hope those utility tokens have real use based on their platforms.

Selling off and making instant gain better than holding long for pump is not sure will ever come. Scammers now allover crypto community and the only to play save is not to trust any project that much, sell off and make instant gain.

The author of the post right. Since the currency is really formed by whales, who wield their investments. Transferring capital from one coin to another.

You are not the one smart here, bro :) Everybody learnt this lesson after 2018 bear frenzy, but I don't think they will remember it and follow these rules when another bull run comes :)

Trading has probabilities like other games but it suits like a business more than a definition of a game. Whales are there, we can't do something against them, ufortunately. Holding is the best option in the bear market and knowing the time of cash-out can save a life sometimes.

basicaly , i aggre with ur opinion.
but, its normal right ?
i mean, they also have a chance to failure for joining that rally.
like u say, its just like a game,money game.
with no rules inside,but sooner or later,stabilize will grow, and most of stupid token will die .
and for the final,just a few coins will alive with high resistance.

Thats a good idea where you need to understand that the game of crypto is just not about holding for a long period of time, you need also to take your profits and you need to enjoy it, you also need to understand that taking profits is not about taking the investments, its a way of taking back the profits that you need to enjoy from participating into bounties or your investments in crypto.

Good for you. But there will be holders for the long haul and there will be speculators who short the market, that's how everyone earn here in crypto.

Yes, there are a lot of supposedly whales who always pump and dump the market. So it's either you ride with them or just simply do nothing. But for me if you are able to spot a pump earlier, its better to ride and then exit on time and book the profits.

I agree with this one, it all depends on the coin you are invesing with. If you are holding a new releases token in the market then it's not advisable to make long-term holding because there is no assurance that it will grow further. Most of the ICOs are just made for pump and dump (based on my own experience). But when you are hodling strong coins such as eth, xrp, doge and the remaining within top 10 then I think it is okay to hodl. They are as competitive as bitcoin (somehow), they more stable and trustworthy than the others so there's no need for sudden exits in the market.

If your goal is to earn as much cash as possible, then of course you need to sometimes fix profits in stable coins or cash.

If you know what you are doing, it is better to trade and exit from time to time. You can accumulate more coins and earn more if you can do it right. But, if you are not good at it, it is better to hodl on your coins and just let it grow in value. Safer but takes more time.

That Is more like taking percentage profits on investments instead of waiting for $1. 10 to 20 percent profits on regular basis will keep you from loss. This is what newbies need to learn before venturing into cryptocurrency trading

That percentage of profits already been tough from what the situations right now, crypto movements needs to be evaluated properly, whales are active and really working well inside the market, playing against them will be hard but rewarding if you got the chance of reading how they move and manipulate the market, analyzing your next position will give you chance to earn, need to be careful doing it.

The market is not stable and the prices of crypto are crashing down so it's advisable to sell once the coin list

You don't necessarily need to cash out and convert your crypto to fiat.

If the main reason you're cashing out is because you're worried crypto prices could crash then a quality stablecoin (not USDT) can serve the same function.

Many exchanges are now providing their own stablecoins that are fully auditable so you can cash out then back in when prices drop fairly easily.

If you don't have trust in the currency, it's good to liquidate it and the current market is bad enough to invest in. Ultimately, any cryptocurrency is just another gambling coin where the market suffers investors suffer, market improves investors earn profit.

I am agree. But most long term holder dont have knowledge about trading. Crypto is very volatile market and i think if we have good trading skill, it will be profitable. Long term can be profitable as long the coin is good and always active in development. But if want to keep it safe, better invest and hold bitcoin for long term

many altcoins are new but prices are not stable especially if they are listed on the exchanger because they depend on the volume right you're just pumping and dumping the prices of altcoins and can not understand why the bitcoin affects the market so the price of altcoins in the market becomes dumped and the dumpers are likely to have other holders and traders on board holding their altcoins in the traders because many do it because they prefer the daily profit so sometimes an altcoins are big percent of the deficit but do not panic or tweets especially if you want to invest in altcoins you just have to deal with your inner cryptocurrency without losing risky especially when the money is being discussed.

Basically it applies to all of coins out there,whales can easily control everything that you can expect yeah your right about that,learning when to exit/stoplose is very beneficial specialy for all hodlers out there

I wouldn't say gambling in true form, yes, it has risk, but you can always mitigate risk by liquidating it on time to stop stop your bleeding.

There is nothing wrong liquidating your assets, specially if you see that your investment is not going nowhere. So instead of seeing you money somewhat stagnated and not moving, then obviously a better option would be to cash it out, if you want to take your money or shift your funds around.

if you have really learned to not bag hold altcoins and sell them at the right time before their dumps begin then you are already better than 70% of those who are participating in the altcoin trading every day! because most of them are small time traders who buy some altcoins and think if they bag hold them then they can make a lot of profit from doing so but they end up being dumped on and lost a big part of their investment and go away for good.

When you’re playing the game of investing in crypto’s it’s important to understand the basics of buying and selling, if you buy at lower prices, and sell at higher prices you have learnt to master the game. We have seen the crypto market recover from the bear phase, and I’m glad that you have learnt to be patient and sell when the prices are high. Whales are always not the reason why prices fall, sometimes it’s due to negative news which forces people to indulge in panic sale which in turn puts pressure on the prices.

If you are looking for some website or platforms in which can cash out very well and very easy, you must do some research and studies to find those website and this thread will also give you some knowledge because many people will try to teach you those website. If you want to earn more just like you want to earn money in an easiest way I suggest you to play some games (https://vegascasino.io/casino/video-slots/wild-pixies?utm_source=ccwp) so that you will earn a money in a fastest way, in this game casino you can cash out anytime and cash in anytime you want without any hassle or problem.

It depends on your target goals. If it's just to make some beer money now and then cashing out regularly is highly recommended. Take profits when you can before it's too late. However, bigger profits go to long term hodlers with more patience

This is a very useful experience and I think that you can already lose not very much money on withdrawal in this way, I think that in any case you can use all possible means to realize fiat funds.

dont panic when the market drop cause some people (whales), just hold it like you say for long term im believe every coin will increase, and dont doubt when you want invest buy if the price will increase so you can earn profit in the short term

As OP has rightly said, as an investor in the world of cryptocurrency, you must know your exit point and entry point to be able to avoid the said whales controlling the market. So many things have taught me lessons and i now understand when to exit from the market when the price is pump.

Yes it is like a game as coin pump and dump always finds its role in the market. And this will continue. I think this would not affect any good project. No matter there is any pump or dump, a good project will grow eventually, despite having a short term affect as a result. The traders should take very much wise steps in reaping benefits from this pump and dump and to minimize loss, I strongly recommend switching to day-to-day trading instead of holding coins for long term.

I agree with you because the market has been unstable and really unpredictable these days.
The skills of cashing out and even trading is really necessary now that the market is quite hard to deal with.
Short term and day trading are the best strategies that we could do to earn while waiting for the bull run to happen.
It isn't the right time to panic but rather the perfect time to deal with the changes.

I quite agree with you. But I would still encourage you NOT to sell all. There might still be some cryptos whose values may go up to 1000x in few years to come.

There isn't anything wrong in cashing out but before doing that you have to ascertain the nature of the coin you want to dispose. If it's a utility coin I bet  you will regret in the future disposing it now. It's like someone cashing out on BNB or Walton now. These coins have enough room to rise. They haven't even started yet. They're still sprouting.

But I think we, small units can be also considered as a whale if and only if, we are getting unified on a one goal or purpose on the cryptocurrency space. In that case, if we sum up all of other trading history, we can create a big impact on the market just like what the whales are really doing to make the market turn onto their hands.

I guess the best course of action in crypto investments is to apply a stop loss order  and never fall in love and be sentimental with your crypto holdings and I learned this the hard way - riding my crypto portfolio in a downward spiral in a whole year of crypto winter. Nevertheless, I have no regrets about it and I treasure what I have learned because I know I've learned something valuable that could guide me in my future crypto endeavors.

Cashing out when you are in profit has always been and will always remain the number one principle of investment in my opinion. Long term investments are only for solid projects and for experienced traders who can actually read the trade patterns of the market or said coins. But as for me, i always cash out at every level of profilt, not get burnt of feel regret

sometimes you need to know when the right time to out and in on cryptocurrency
cash out is good when you get profit. dont be greedy, almost all whales control the price so we don't need to follow their way.

It's the best time to hold and not to cash out, as much as possible, I prefer to buy as much as I can afford and as long as I can. The expected sudden pump will happen anytime soon. It's been too long since we've seen the price rise. There is no denying that it is disappointing to see price slowly changing, but it will surely be worth the wait.

It really depends on what project you are holding, most of these coins will end up worthless.  Only a few of the top cryptos will survive so chances are if you are holding lower tier coins or tokens they will go to zero.  I used to be much more optimistic about low cap altcoins but after this bear market I decided to mainly stick with btc and eth.

Determining the right time to perform certain actions is one of the main components in working with cryptocurrency. If you learned in time to feel the situation on the market, then you definitely have a good chance of becoming a wealthy person.

cryptocurrency is actually very pleasant for those of us who have been here for a long time or those who have a lot of money, sometimes they are like gods who can manipulate the price of a coin, especially their tokens, but unfortunately the ICO project team doesn't want to do it something more for the project itself

Are you sure about cryptocurrency like that?
In my opinion, you only need to learn more in monitoring and analyzing current market developments.
the market continues to grow year after year, how long have you analyzed the cryptocurrency market? 3 months, 6 months or 9 months.
it took more than 2 years for me to truly understand the challenges of the cryptocurrency market by analyzing existing data and people's opinions.
need a lot of time to analyze the cryptocurrency market, keep learning and understand the best choices for now.

All those projects had huge gains its just that you that didn't sell. If something does x10 and you don't sell and later is goes down in a bear market it's not the fault of the person that talked about the project that you lost it's your fault for not selling at x10.

So what then would you do if the price continues to go up? You accept the missed opportunity or sell your local currency to buy back the cryptocurrency?

I would rather day trade on an exchange with the money.  Cashing back crypto to your local currency then buying it back again and selling your local currency can be a very unprofitable thing to do due to fees and cost of conversions.

I think it is worth cashout only when you leave the game or when you have enough profit.  In other cases, it is better to leave everything in circulation.

cashing out is the best especially when you are following up the project you are holding. however its good to hold a coin but one needs to be careful with the kind of coin you hold. one of the best things to do when holding a coin is to trade it so you can increase your holding over time while you can also cash out at intervals.

Of course, before you engage in trading or investing in cryptocurrencies, everyone needs to think about how they can withdraw their profits from the crypto market. Therefore, you are doing everything right.

Cashing out is always the best option instead of going home empty handed. But you have to also profile some tokens so that you will know the ones with long prospect.

I am agree with you, all the results depends of the big whales movements. Trading and hodling are just like the gaming now, or like gambling. If you make your researches well plus with the right timing you have to make some profits because you made the right thing. But if the big whales act at the same time with you you can make great profit or great loss, it is only a chance, i wish that we can be lucky and find the right time for trade.

That’s my position right now in the market because I want to have more profit and that’s why I’m not leaving yet. Its not easy to hold but knowing how much you could earn if you continue to hold are more encouraging. I’ve lear not to cash out the money i don’t need.

That is good way and if we dont want to loae - dont need to be a greedy and we shouuld cash out at the needed time and fix income cash.

Is not the whales i blame there is also the devs that are basically not working on bringing an actual working prototype of their work despite collecting millions in ICOs People are really just cashing out once there is mistrust in the whole activities

As a wise and professional crypto currency player, we should be smarter when playing crypto currencies. We really have to be smarter in cashing in crypto currencies. But I do not agree to cashing in the crypto currency by holding the coin in the long run. All there is no guarantee. Everyone has a way to monetize crypto currencies in different ways. I better monetize my crypto currency by way of daily trading. I prefer to get a little but routine profits every day.

At one point we need to cash out the profit, investing in crypto is about making profit, so whenever the price already exceed your limit you should cahs out, its good for the crypto because it increase the transaction volume and its great for yourself, you need to enjoy the result of investing

let's be smart cryptoner and far away from exchange when they play game
keep it your life on track, holding your crypto on your own wallet with private key. exchange have a bussiness to dump and pump cyrptocurrecny, so don't worry about that when your crypto not on exchange. your crypto controler by you not an other.

It's a skill everyone should master. What's the use of millions and billions after 10 years if you don't have any money to spend it now.
You should hold and keep some of your crypto for the future profit but you should not blindly invest and forget everything you have making your today miserable. Profit can be made on trade if you closely follow the market and place the orders in right places.

Everyone has their own strategy in crypto, and truth be told there is more than one way to win in investing. Some people can successfully trade in and out of the markets with a solid system, and others prefer to ride the waves long term. I am in the latter camp. I'd rather ride the waves than compete against sophisticated algorithmic bots.

Trading is about how to make a profit. When you can see the profit appear, you should take the profit and don't waiting for the next moment to expect a bigger profit because that is not always happening. A wise trader will know when he should cash out his profit, and he can manage his balance to continue trade. In this year, we are happy to see the market can change to better than the last year so we could back to make a profit like before.

Some of us still search on how to make more profit so they can cash out their profit while we still have another amount to be held for a long time because, in the long-term, the market will get higher than now.

This is usually the smart thing to do while the market is in bad condition. Cash out at the right time. It is safer and makes your fund secure than keeping it in an exchange or wallet with unstable market. Some are aware of cashing out funds or just to transfer it into TUSD for the better and to prevent huge loses.

Whenever we are in bad market condition its always good to take out your profit if available, I've sold some of my holdings weeks ago and I'm glad I did because the token price fell further so if I have to buy back now it will be more rewarding in quantity

     The crypto market is based on speculation. The price is influenced by the big investors (whales). When you do not profit, Hodl is the best solution. The crypto market matures harder and the new investors along with it. There will be massive price increases, but we have to wait. The key to success is patience and the right time (for investment and retirement). Synchronized, the two features lead to success.

Hodling only works as a strategy if the assets you are hodling are high quality. If it is a project that is poorly managed or poorly thought out or lacks the skills to produce something really exemplary then you are just hodling your way to the poorhouse. Even then when the market becomes frothy and everyone and his dog are talking about your cryptocurrency you would be smart to take profit and wait for the inevitable dump to buy back in.

Setting up your target is really important so you know when to cash it out and enjoy your profits, the benefits of investing inside this market really paid off when you know the timing and knows how to work things out in favor of your investment, cashing out is very important as the real reason why you are into this market, making money and having the chance of enjoying things around the market, as long as you have the chance make use to it and take your profits.

I sell crypto when I need to.
The bear market of 2018 taught me that stable coins is good in preserving value when you don't need to convert your crypto to fiat.
Enjoy your profits once in a while.

in the red market, if we converting our crypto to a stablecoins that is one from many way to safe the value of our crypto
and we can make profit too, because the value from the stablecoins such as tether will stay about $1, wich mean our crypto assets will rising in bitcoin or altcoins terms

there are many things to gain profit if we can formulate a strategy and if we can determine what we have mastered.
stable coins are very influential, so most people choose stable coins and hold them until they get a good profit.
red market or green market we must be able to take advantage of the opportunities that exist.

Recently, many users of cryptocurrency use names. This way to avoid losses.  To with the most relevant today are moments equivalent to the euro and the dollar.  Over the entire period the fall of the cryptocurrency market, these projects did not give any reason to doubt their reliability.

not for all crypto, especially the increasing number of shitcoin that are popping up. I believe crypto will get bigger in the next few years, but that doesn't necessarily mean that all crypto or altcoin will have high selling prices and some will disappear from trading.
so in my opinion, the selection for long-term investments requires research and knowledge, especially experience.

Indeed it is, it's just a game wherein the whales controls the market but that doesn't mean that we're going to withdraw from cryptocurrency... we should take advantage to the whales themselves, not just by being a whale too but by just going the flow with them.

What I'm saying is that we should take advantages to the dumps and pumps that the whales do and from that we can make a profit through day trades and swings even the market is bearish.

Be like a Remora Fish... just ride to whales and take advantage to it:

https://i.imgur.com/XRN7VQS.jpg

Well there are some altcoins are worthy to hold and there are also some that you need to cash it out. This bearish market also gives you the opportunity to invest because of the cheap prices so don't lose hope on making money or earning profits.

If you do not need money really urgently and you have other sources of income, it will be the wrong choice to cashout. The cryptomarket has just started growing, thus, much more time is needed to see more expensive alts.

when one's back is against the wall, one has to face one way directly.
if cashing out one's coin is the best option per time, better do, especially for those who doesn't have any other source of income. hodling is never always the best. it as its advantage though.

Cashing out is very easy, you just have to know when to sell

in fact the market is too unstable to continue to make a long-term holding strategy, we have to go out from time to time into stablecoin or do scalping trading,or sell at the right time to get decent earnings

Everyone always needs money, but it is on the cryptocurrency market that you need to be able to take your profits into cash in time to avoid heavy losses during a correction.

Especially with all this new ico listing on really dead exchange, most of this ico just list on the cheapest exchange they see but it affects  the project everytime and price would drop immediately they list, and I think sooner or later new project would still be falling for the same thing and cashing out early is the only way to make any money from bounty

I do agree with you but knowing when to sell the tokens is the missing link at the moment
It is not always precise nor accurate and cannot be underrated either

We can simply dyor and work hard to be on the right side most of the times

I think the best option to cash out now days is localbitcoins because there you can find buyers and make the trade directly with other users, but if you want to change your btc to dollars and make trading with that, then the best option is to change your btc to Tether o USDT.

The further away, the harder it becomes to manipulate crypto. Therefore, it is very important to be able to sell or buy a coin in time. Everyone should learn to determine such moments and then his trade will be successful.

It depends man If you value what you are holding based on your view then keep holding am sure you might achieve what you set out and if you dont see much work then take your losses and get out Sometimes is better to avoid light mistakes than the bad really bad ones

That’s the best decision anyone should learn now.....the ability to cash out without sentiments

That's right. Learning to cash (withdraw) is the final stage that is very important in the world of crypto.how can we enjoy the results of trading if we can't cash it.

I don't see crypto currency as a game as you rightly mentioned in your submission above because all depends on what you looking for in the crypto currency market. I don't whoever is a long time holder from when Market value was far below a thousand dollars will take your advice .

Its always controlled by manipulators, not only in crypto but in other kinds of markets so theres nothing new about that. If you want to withdraw your account then its okay if you earn even just a little. But since that the market is just starting to recover, its not advisable to get out from it unless you are quitting.

We always have to define our goals and stick to the trading plan. Profit taking is one
of the key elements of successful trading. We do not lose until we do not sell, but
we do not gain until we do  not take the profit.

Whales are not problem,for me they are only the1/4 part of the reasons why token continuing dump or pump the main reason why one token price is moving because of us, the independent traders ,we are the big part of it and for currently situation of crypto i think yes its just a game/gambling its risky to put your money here,but eventually if you have enough knowledge to do this you could earn.

Cash out what you need and when you need to. I did the same.
Also sold my position for stablecoins last mid 2018 and I'm glad it did it.

I hope you don't get played one day.
Although I want to be that the cryptocurrency market can be manipulated , I do it believe that cryptocurrency is some "games"
In cryptocurrency ,one must be very smart to know when to cash out or buy back.
That's the most crucial aspect of cryptocurrency investment.
Know when to cash out.
It has saved a lot of people from going bankrupt.

The fact that you learned how to cash out money is good. But I would not advise you to do this. The course of more than half a year is very low, and until it is better to keep cryptocurrency on the wallet

Investment has always been a future thing, you deny yourself of the opportunity or enjoyment today for the future, I agree with all you have said, that is why we need to invest wisely and not blindly like you said. One of the bestways we can try not to invest blindly is when we invest money that would not really affect our present now.

Majority of us have so much money that we can afford to lose some now on things that will not add any meaning to our lives, i.e. gambling, games, drinks and so much more, these are the money that we should all be targeting to invest in the market, but it becomes tensed and risky if we invest our live savings on a crypto that we cannot completely vouch for its success.

Even i am thinking to cashout some of my holdings day by day crypto gettign worst some of the project which i was holding depreciated its value around 99% some are 100% now it became nothing literally nothing . So now i have to start cashout some of my holding crypto currencies..

It is good if you have bought at the right time and sell at the right time. But being successful one time doesn't mean you are going to be successful the next times. We should learn on our mistakes.

I think it is currently quite difficult to find crypto that can benefit from long investments.
there are thousands of alt trades so not all will grow tall
even I believe some alt will be the new shitcoin that the developer left behind. so if for a long investment I think the wisest is the altcoin top

success is not easy to achieve, it is not easy to choose the right time so be careful.
the mistakes you make can help you later on and make mistakes as learning. knowledge and experience are very important, use opportunities well and make the experience meaningful in you.

I think at a light and little profit,  we should all learn how to cash out and we shouldn't always wait till 200% or more before we would wanted to cash out. Because as we were waiting,  we could see a heavy dump. Sometimes this is caused by GREED.

You have a point. At this moment i'd rather hodl my coins until there's a huge changes on the price, its better to refrain from cashing out because its not a good timing to do so.

However we have different strategy to our investments, you know more than anyone else the best strategy to apply hence having plan and target price is a good idea to be in the right track.

yes greed will make you lose a lot, so don't be too greedy in taking advantage, if we get enough profit from the purchase price at that time we have to sell it.
The Crypto movement is unpredictable, so don't wait too long if you benefit from it.
if you sell it of course you will see the growth of coins that you have and choose the right time.

One of the main lessons that the crypto market has taught me is that you must take profits. No matter how good the coin looks, no matter how good its price rises, always take profits, thereby reducing risks.

you have learnt nothing to be honest with you. The whales have been on the market from origin and here we are. In every investment,  there must be a whale and there is no such thing like pump and dump on the market currently if your analysis is based on 2019. The market growth is gradual and it will always go up and down

Knowing the right time to cash out is one of the trade secrets of the crypto market, you stand a better chance in crypto sphere if you know when to cash out.

One of the advantages of how I like cryptocurrencies is that you can easily withdraw the money you earned. It is a pity that you have to do it, but at the moment cryptocurrency is impossible to pay for everything you want.

Exactly my point.. I will like to add that irregardless of the uncertainty the crypto market brings today, I advice people to not take a dumpers stance.. It's good to always take profits and invest into other investment opportunities asides crypto but dumping all of once portfolio can also be devastating when the bullish season commerce..

This is the best thing about crypto opportunities that I have learnt. Having been burnt severally by holding and allowing emotions to play on me, I learnt the hard way that it is NOT always about holding. You can take profit at intervals and reinvest comfortably at the dip thus ensuring that you make some money along the way while also keep a good percentage of your portfolio. It's a win-win situation really. Sometimes you hold on to an asset only to watch it crumble before your eyes. The advice is, always take profits when you can.

Totally agree with you.  This is very important in the world of cryptocurrency.  Sometimes it's just one of the big events.  So it is worth learning to all.

You are right: one of the things we had to learn through painful losses is that we should never be overconfident or greedy when it comes to taking profits; I think we should learn to reap the benefits as soon as common sense tells us that a crypto has grown too much in a short period of time, so instead of expecting returns of 1000%, I am personally cashing out at least a part of the benefits when I see that the price of an altcoin increases at least 20% in a short time.

This would work if you are holding new coins which is most likely from ICOs started 2017 up to present. Holding altcoins for too long and waiting for a great pump is not a good idea. Some projects die too soon just before they finish or launch their product. Patience will pay-off if you think what you are holding has a long-term potential, if not then you should know when to make an exit.

In my experience HODL yes is profitable but why you should HODL if you can earn through swings in bull and bearish market, by holding you wasted the opportunities to earn through swings and day trades.

What you can do is to have half of your investment go into HODL and the other half to day trading and swing trades.

there should be 2 patterns in our finance in cryptocurrency. The first thing we have to do is to share the money that is used in trading, as you say to be able to get more maximum profits and some for long-term holdings, which of course also provides many benefits, but indeed with a long-term target.

There is no solid proof about whales controlling market or price. But i am agree that big money coming to cryptomarket and trying to control the market. Big company like JP Morgan want to create their own coin and preparing to jump in cryptomarket and i think its good moment to invest in crypto

congratulations) but won't you be sorry? although this is your business, but in my opinion it is a dubious merit to merge coins for nothing, although if for you the market is a game, then I'm not surprised)

yup! you are right.
i also always read that, but there is no strong evidence for that. i think they only say nonsense, i don't believe the market is controlled by a group of people. they will need a lot of money to control it.

and you are right too, this is indeed the right time to invest. a lot of good news has spread, i think the market will recover in the near future.

I do envy you Sir. I must admit that up until now, i still haven't learned even the basic know-hows of cashing out. If i wanted to have my tokens changed into fiat, i rely on my nephews availabilities and abilities. But naturally i am determined to learn it one way or the other. I am getting the facts and details from different applications available on the internet and on some trading topics here on this forum. Although i must say, i'm really not that in a hurry to learn everything yet [that is until my set price goal for trading finally registers in the crypto chart], i want to take it slowly but surely. And with all that's happening on crypto market now-adays, cashing out may also be rewarding.

Hold is not the best way to earn money in this market. With some coins, I already sit a year and I could sell several times, and then buy cheaper and again sell more expensive and so on. Market is really very manipulative because it is not controlled by anyone.

At this point in crypto sphere, we must learn to cash out at the right time or else we stand a chance of loosing everything we have worked for.

we have to know how to get back to FIAT, now sometimes you have to cash in and after buying it back. but now is the bear market, cash is very low, you can consider staying in the bull market.

To invest  for  good profit.l have learnt a lesson to wait for good time only.

You are absolutely right about this trading strategy and I am not against it at all but we also need to be careful in doing so, this is the practice that made many investor loose out in the last BULL RUN, they were cashing out and when the time for BULL RUN came, it coincided with the time some of them cashed out, and a the increase became a speedy one, to get another entry point for them became a very hard one for  them, till the increase became scary and they could no longer invest.

If we are to practice your advice, which is not a bad one, I would advise that we practice this method on coins that we are not sure of their future stand, but for BTC, we cannot really be sure that this practice will fully favor us.

You can make more profits by trading it often but the risk also high in doing that,so you need to be aware of having enough knowledge about crypto trading before doing it.

For the people who are not in need of short term profits and want huge profits by practicing patience then holding is good thing.

Also, you do not need to hold any coins - you need to know what to keep and get rid of.
Projects reach their peak quickly and after a year or two nobody can remember them.
In any case, you just need to get a lot of information on projects, then to dispose of it

If you are a kind of investor to invest on the new projects then will cashout once it reaches your desired profits then holding is also highly risky.I just said about holding the coins like bitcoin and ethereum which has very less chance of going nothing.

Possibly OP never understand the basic rules that govern the buy and sell in crypto-world. At first, when i was into the investment side of cryptocurrency, i buy when the market get dumped and sell when it's pumped. Sell even at 4% gain was my little tactics and have never regret that till now. Know when to buy and sell means alot in the crypto-sphere.

The OP is learning to withdraw and seems to reduce its panic when the market moves unfavorably for him. Indeed there are times when we can withdraw it for needs not just for investment, one of the actions of the OP is indeed good for him and it can reduce his sense of stress. For those who have patience and experience, they will take action wisely.

Am still find it very difficult to always use this concept in cryptocurrency maybe am greedy because I always want more which always makes me to lose more. I seriously need to work on myself if I truly want to make it in this space.

Yes,it depends on the people and their needs.Most profit without efforts can be made from holding or make more profits with efforts and associated with high risk by trading,choose it wisely.

I have learn that since 2018 but i mistakenly truth one project which i have lose 70 percent of my my money recently i should have sell when it was listed with a good price but price later go down.

So you running away from this current market? If that's the case that you cashed out your earnings in crypto, then you have no holdings in the market? Sometimes, patience is what we need in this current trend in cryptocurrency to have a better gain.

The main thing is to set a goal for yourself, take profit and leave the asset. If you wait for too much profit, then you can not wait for it. The cryptocurrency market is too young and by negligence you can lose everything.

I believe that's your strategy and I don't see how that helps an investor to be honest. You just a bounty hunter and selling out token is a norm to you so you can't tell an investor who is investing probably for a long term

I keep saying it that trading is not difficult. The most difficult aspect of trading is knowing when to cash out. This is where greed tempts you to hodl more and before you know it the coin dumps on you.

if we can learn and take advantage of time you can make money from trading.
trading will be difficult for beginners and for people without knowledge in trading.
we can give any way to many people if we explore business choices if we master and we can make money by investing, trading, or in other ways.

If there is anyone that didn’t bought since the price was at $3000+ then I’m sorry for them cause they are the ones that would be used for playing ball. I used to buy whenever the market has dropped to the bottom, cause if you buy at the peak price you’re taking more risk than those that bought it was at a low price, though all of us are taking risk, but yours would be bigger. And whenever I’m buying a coin I always have it in mind that there is every possibility that the price is going to drop and I ask myself whether I’m ready to take that risk.

I have join the bounty program last october 2017, I learned to cash out during my first pay out last march 2018. It has a big help for me, because my debts are being paid not all because my token was only small. Until this days I've always joining bounty to be able to gain again money and cash out for my debts.

In this area, there are still many who believe in cryptocurrency that it will recover and will grow positively, and even more so for those investors who have come at the peak of the price for them now, all the more not to go out of it.

The ability to find a point for entry and a point for exit is the main skill for a crypto trader. This is the key to successful trading.

People who are already on the cryptocurrency market for several years will never stop to believe in this market because we have already clearly seen how this market is developing.

Those who are engaged in cryptocurrency for a long time have already experienced many such falls. Everyone knows that sooner or later the market will recover and take new heights.

I always knew that the crypto market was not created to make simple guys like you and me. That is why I had no illusions, and as soon as I had the opportunity to earn money, I changed my earnings into dollars.

Yes hold is very profitable but it has certain terms that has to be fulfilled
And neglecting to those terms means losses

Always dyor as well

Recently I just learnt Hodling at times isn't really necessary. I could have made a lot of money in crypto if only I have learned the vitality of cashing out at the perfect time.

That's the most important thing when you are dealing with crypto, cash out should always be your last step to take once you are done trading, waiting for a little rises in price when you are not ready for investment that's totally not the right step to take.

Maybe you are late to the party but what matters is learning the way for the profitable trading. After knowing how to cash-out you can make better decisions on your trading strategies and this is what matters.

Saying it’s a game is a joke
Crypto trading is like a business investment; you make a mistake; you get losses
You can’t also afford to cash out just small percentage profits; dyor

Make the decision for yourself

Is it really so difficult to learn how to withdraw cash from the crypto market? Almost all exchanges provide such an opportunity and you can withdraw your money to a plastic card at any time by paying a small percentage.

I can decide to cash if I have made enough profit. Or rather once I've made 4x or 5x on a coin, I cash out because I know it could fall back in price which will be a lose.

now it is unrealistic profit x4 / x5. in such a market as now practically no coins give such a profit. Now you need to take profits even if you made x2 on any coin. but even x2 I think you are very lucky. I am fixing profit is the coin giving to me 50-60-70 percent

That's is nice and this will really help you manage and secure your little profits. I don't understand why people will like to hold till thy kingdom come. They want to get a profit like never before forgetting that tomorrow is also another day for them to make amends.

cashing out is not a good option its just a fail-safe way of taking no more risk of making or losing profits. if you want to make money then you need to ride the market at every possible situation no matter what market is going to force you to do you have to wait for the opportunity and get the precise assumption on the price. this is 2019 and markets are full of thousands of analytical tools and indicators.

Cashing out is one of the ways to protect your trade because no one can outrightly state the direction of the market, so it's best to cash out when you're in some profit than to blindly decide to hodl even when it's obvious the market is bad.

This is the right decision. Every investor crypto should have the option of withdrawing their money from the crypto market at any time. This is necessary in order to insure themselves in case of extreme events on the cryptocurrency market.

We have to be wise now while dealing with crypto, yea to hold is very good but we have to learn when to cash out so that we don't loose all while trying to be greedy

In this crypto ecosystem, its all about knowing and understanding the game of pump and dump. This will help you develop  good strategies and plans to help you minimize the chances of you losing your invested capital.  By having good strategies and plans, cashing out will be very easy and very profitable which will also reduce the risks available at any moment in time.

Crypto market is a small market and can easily be manipulated and this is why it is so unpredictable.
Taking the profit is an important part of the game.

cash out is the right choice if there is no chance to hold longer. or you prepare new capital to re-enter the trade. some altcoins are still potential and bullrun may occur next year.

Yeah! Cashing out is really the best tool now in cryptocurrency, when you invested and you're fortunate to get some profit from you invest the best thing to do is to cash out you initial investment fund to decentralize your investment or for other purpose, then you can start rolling over you bonus from the investment

indeed at this time the price has been arranged by the top person, for myself I just follow the movements of the market in order to make a profit.

I am also one of those people who believe that a long-term hodl is a good strategy to get a big profit but for some reason I can't do it because I really know that crypto is very volatile so I have to be able to determine the right time to sell because the price change is very fast, the price can go down anytime and make me have to wait again, so when the price is good then I will sell it immediately and if I still believe in the coin then I will buy it again when the price drops, that's what I apply although I believe that long-term hodl is good

indeed crypto investment is very risky and certainly understands that before investing crypto. With current bear market conditions, cashing out for loss or hold for longterm and hope to get better profit is a choice.

This should be the right way to cash out and not just cash out because one wants to panic sell, there will always be a point that we can rely on to cash out on that coin that we believe in and still invest when it comes down in value.

I do cash out too a lot too, not because I was scared of price but because I do short term trades with it, and the best time to cash out on a short term trade is when you already know the limit the coin being traded can go within a time frame, and then set the profit target based on that. For a long term investors, it glaring to know that the only time that should be permitted is when the coin has reach its ATH.

More importantly is learning the right time to cash out
You could cash out and still be in loss
Which is not good at all for your portfolio

I agree with this statement, you should take patience to get pass of this game like what happen now which is bitcoin persistently pump and dump just like you've said. We should wait the right time to dump our asset to avoid regret in last. Because we don't know what's going next in coming months or years. We might know this next quarter there is another recovery for bitcoin.

You are smart. The pump and dump is a contributing factor to the volatility. Time has gone when people held coins for months in belief. Today, whales control through market and 10percent profit of $500k is lot of money. So now you just have to buy or sell before a whale does else you burn

Cash out now, it will be safer for the assets you have. now it will be a very big risk when you decide to buy an altcoin, unless you have big capital and are willing to make a long-term investment. and wait for the bull run to occur.

crypto prices are indeed unstable and have become public secrets of prices controlled by the pope, you must be very mature in making decisions when going out and entering

Remember, there's a wise version of cashing out, and a stupid version of it:

- The wise version is, to cash out once in a while to cover the real world expenses, and only do it when a part of your crypto hodlings has hit its target price.

- The stupid version is, to panic sell when the bear market has been too long or too hard, and when many analysts are calling a bottom. You get scared and tired and you sell all of your hodlings, only to buy back a few months later with 5x more price because you've heard that the market is getting bullish again.

Choose your version.  :)

Correct! better safe your funds first and don't be a FOMO, Currently i'm stuck on altcoin but I won't to cut loss yet, I rather wait in the bottom. Bearish patern is almost over my frends!  

Before we go into an investment, we have to first decide if our investment will be on a long term running or short term running, because this is the only way our common sense can be put to test and it is not every investment that common sense will work for, some investment will rely on typical analysis before we can get the exit point.

If we are running on a long term investment, as the name implies, there is absolutely nothing wrong in holding the coin, because there is guarantee of great increase on it in the future provided we invest in the right project, but on a short term investment, I agree with you that we can always cash out when we get the chance to do so, no matter how little the profit may be.

Finding the right moment is difficult, we must have strong beliefs. All there are risks. If I learn how to make a profit in any market situation.

Set you goals and if you achieve it just get out of the market either by selling completely or the strategy that you had planned to adopt before trading of the coins. Also last minute changes does happen but try to be on the top so that you do not end up on a losing note inspite the market being in the bull run. This way it will help you as well to make money.

Well, so everywhere. Whales rule everything. If you are a millerard, you can influence any sphere. You can even influence the government in your country by promoting something. This power and such people are not many. However, in the cryptocurrency world it is they who rule everything. Billionth capital belongs to them.

You must be able to take advantage of opportunities in any situation that occurs, and can target the benefits that will be obtained. use the best opportunity and wiser to make a decision not to get caught up in losses and be more able to minimize the risk of panic

Crypto has been a game of the whales right from time. Only a strong mind will join in such game. I cash out as soon as I can. The only hold I can do now is with BTC or Eth. The lessons I have learnt is enough, no more.

I hope that this will help you and us in order not to remain in poverty. I hope that this kind of thing in any case will be able to increase the deposit. Exceptionally now I can say that the best investment opportunities are already today.

This is apparently your own method of being naive because an investor will not take such advice from you. Your problem is that you have the mentality of many other hunters that believe in dumping after receiving payment

Correct financial management will definitely help each participant in this market, but in order to understand how to create it, you need a lot of experience.

This is a sought of dilemma. Due to rising prices, you keep thinking about cashing out but you just cannot help waiting for the additional profit that could be yours after some more rise in the market value of your coins. This kills in the end so yeah, you have to be okay with a 2x or 3x profit and go home. Invest again when the price is low. This is good way to be successful at trading.

we also take action to look at market conditions and situations and not make arbitrary decisions.
a good future starts with ourselves, so good choices will affect the results.
cash in various ways but not all ways can be cashed smoothly, so learning is needed.

In sideways, trading is possibly the only way to make money. Pumpin and dumping takes place is every market, especially in accumulation phase. So of course you must cash out from time to time. Holding everything in crypto is potentially very profitable but also very dangerous, especially if you relying on low-cap coins. They tend to fluctuate very much. Coins from top-5 are safer, but we also witnessed numerous ups and downs.

You said everything very correctly, yes, because there is a person who is not worried about his household budget and has the means to pay any bills, and also if he has an additional source of income, then of course you can save all cryptocurrency capital in the cryptocurrency market and not cash out  .  But in a different situation you need to live for some money and therefore you have to cash out.

You are doing the #1 fundamental thing that everyone overlooks.

We are all here to make money.
No matter how diversified or valuable our porfolio's are, it means nothing unless we cash out.
It surprises me how many people don't have a basic cash out plan.
Like a goal to hit and how much to cash out and how they will do it.

If you are investing in crypto, you need to create a cash out plan asap.
You could do kyc on an exchange and cash out to your bank account.
If you don't like the fees or kyc, then you go direct p2p where you sell it directly to someone.
the best places for that is localbitcoins.com and localcoinswap.com

Exactly the point, People have refused to cash out and in the long run, the value of their investment drops. Many times, it is caused by greed, instead of taking profit when you see some percentage increase, they would want to wait for one hundred percent . Learn to cash out.

lol, you just remind me of something i normally do, well, lucky are those who got into crypto early enough, i want to believe most of them by now are millionaires if not billionaires, making money in crypto has become a bit difficult than it used to be, not too difficult though, what i normally do now is invest in a project i like, if by chance the price of their coin or token pump, i will sell and withdraw my capital and use the profit to either by back that coin or look for another more promising project to invest in.

This is one of the very important lessons in trading, taking profit should be a habit of every trader, this is a greed controller as the possibility of losing majority of all one has earned exists when one tries to gain it all. I also learnt this the hard way and fell victim a number of times while watching some coins I was holding grow more than 2x and in the bid to hold till it gets to 500% sees the same coin dropping below purchased price by far. The rule now is to hit the profit and GTFO, never look back

Cashing out is the best in cryptocurrency expecially for people doing bounty and airdrop. Holding for a very long time is not the best because currently the market is fluctuating.

Cashing out and taking the profit is a must for successful trading.
We have to make out trading plan and stick to it.
When the profit goals are reached we have to cash out.

All people that are involved or being a part of crypto must learn to cash out at the exact time or else we are loosing everything that we have worked for and chance of loosing everything is very high.

Well, that would depend on several factors. My experience is to hold legitimate projects and to dump the obvious scams as soon as possible. Also general market conditions play a solid part in when to sell, a rising tide lifts all boats (mostly).

Learning the hard way is even bad
Since digitex dipped; I fully understand what it means to take profit
And not be over zealous.

We need to take our profits when trades are bullish

whales easily played us with their resources,and much person already be their victim and loss alot of money.i am sure if confidence with some projects we should not worry about anything happen in their projects.

Of course play smart and not too greedy is the way to gaining profits every day, I recommend you to find local exchange who provide local currencies as well. Like Korean exchange who have KRW etc. USDT price is also fluctuatif . cash out to your bank account i'm sure it safe but considering the fees and time that you will wasted.

It is better that you cash out when you see you are in a profit rather than be late and then regret.

This is a very valuable experience that people have today, so the only thing that I can add is that people will use it very calmly very soon. I think that here you can really do it. Any opportunity is very good and useful.

Am in perfect support of your view., whenever you're opportuned to witness a pump, it's best to cash out some of your tokens and hope to buy back later, when it dumps. Don't be mistaken to believe that the pump will be forever, what goes up in this industry, must come down.

in the current market situation, I think even though whales play with the market, not many people will suffer losses. the market is stronger now, can only move if whales pump with very large money. when that happens, everyone can feel disappointed.

In some ways I think those whales you mention help give liquidity to the market, otherwise it might dry up and that would not be a good thing at all. The market need both the small players and the whales to stay healthy.

I agree with you. There should be some tokens stored so If anything good or rise up on the market will happen, he will still benefit from it. We cannot predict the movement of the market because of its volatile characteristics but it is better to have some tokens as investment.

I think you should elaborate more on this, because some newbies may not actually know what you mean or the information you are trying to pass across.

Cryptocurrency world is a god place to be. You can buy and sell, but not to the point of leaving the space entirely.

It seems nothing can’t stop fomo because it is becoming normal
Just yesterday and this morning; there was a good increase in value of bitcoin and eth
And also a drop

The price isn’t just consistent at the moment

Instead of a total withdrawal of fund, why don't you also consider other feasible options. Such as, investing in good coins or even going into trading.
I do not also blame those who having been doing that, because of their experiences and as a result of that, they have been completely bankrupt.
Well, we should not because of that, avoid doing what is right or what ought to be done right.

For me holding too long is a scam, cashing out and make some gain when coin pumps is the best, holding for so long in order to make much more gain may result to loosing investment to dip

I think this is not about whales and games because it all involves people's capital and trust in a coin, whoever wants to make a profit and doesn't want to suffer losses makes perfect sense if people buy lots of coins when they feel that the coin is good and sell lots of coins when they feel that the coin is bad or the price will go down, I think they are like us, they do not intend to play with the price just because the number of coins they sell and buy is very much so the price immediately moves when they make a transaction

It was better to be a short holder than a long holder short holder makes more profit than a long time holder, for short period you can invest in some IEO that was run in some good exchange it will give you a profit than holding your coin for nothing because many coin now was return into a scam.

Well,  the whales also started somewhere, i believe, they were some small hodlers few years ago will very little Crypto purse. But they held on till major coins began to moon. Cashing out may be good sometimes especially when you need means of survival. Aside that,  i have learnt not to sell low,  else i may regret it

Lo, sometimes the problem isn't that traders don't want to cash out, but sometimes cashing out could leave you with a huge loss and hence we sometimes get fed up and leave the money there at our own peril. In fact, do you think people wouldn't cash out some money should 2017 market return???

some want big profits, but sometimes it's hard for us to do it, because it's not easy.
cash in various ways and actions according to your abilities.
the more coins we have, the greater the chance, but it is difficult to focus because there are many things to consider, if we are not focused, we can lose a good moment.

Profit should be cashed out when trading and  the profit target has been reached.
It is one of the golden rules of trading

I also cash out January 2019 but I reinvest my money March and the price of crypto keeps dumping so I ended up negative. You are right it's like a game and it's also a risk to invest here so that's why I just invest what I can afford to lose.

Yeap money is not yours until you use it, I made several trade entries that doesn't work great and your fiat/btc value just turn down immediately when the market swings a little. Cash out for me doesn't necessary mean exiting that portion from crypto but rather a long rebuy

It sure is. Only they get the most profit among us all. We may be happy earning a thousand dollars but to them they may be earning millions in a single trade. The best thing to do is to avoid certain coin or token where whales has the most holdings because they might just dump it right away without us knowing.

Right you need to know when you cash out. Be alert because in a blink of your eye you can loss everything and your capital. This is a game and worst from gambling that it can take you away all the capital that you invest. First of you need to atudy first all the action that you do in every cash out and hold. Your investment is depend on what action that you do.

right. Be very wary or you will enter the whale trap. I am holding my token and waiting for the right price to sell

If you are just a short time hodler then cashing out is better for you as soon as you see that you are making profit from the coins that you are currently hodling. but if you are long time hodler you will need to learn the virtue of waiting for the right moment to sell your coins and that's what we called bull run. we can see the market is rising again one sign that bull run will also come sooner.

Cashing out have been a very bad move since the beginning of 2019. Bitcoin has more than doubled since the bottom and will most likely continue to rise further. Those who cashed out to early has not been able to make money on this rise in price.

Yes I agree that's the essence of trading in the market. You will risk your money on it but that is all depend on you. If you are not that patience for sure you'll get loss and will not take any profit in it. But if you are patience for sure the rewards will be great. Cashing out is also best when you are not in loss status and make sure you'll trade again for another crypto.

They've enjoyed what they've deserved, but for investors who still believing up to now, they will probably wait for much higher profits, the current movements is positively bringing good growth from fiat value, if you can practice to be more calm then you'll received the sweet rewards, people
do have differences when making decisions, it's always better to aimed and collect what you really desires and never to regrets anything.

Unfortunately, at present, the cryptocurrency market is arranged until the governments will began to regulate cryptocurrency, until this moment the big players and manipulators will easily do whatever they want with the market and we can only look at it.

if everything was so simple) to learn how to cash it so little, the money should work) now I suggest you learn how to cash in time, know where to pour fiat with profit and finally how to make X on the cash amount and then .. then ... then you you can be proud of yourself)))

You just have to know the coins to hold for long term and those you can hold for short term. For most altcoins, you have to be monitoring the price and know when to sell them. For major coins like Bitcoin and Ethereum, holding them for long term is the best.

With all things, the achievement of crypto currencies will be more different between this year and 2018, but also we as followers should not want to destroy any events that will occur at the persistent pump to the moderator report

Dont follow whales,they have their own way. Cash out fiat really important but you should know the best time. Trader or investor should know how mantain their asset.

As you know if you have big amount you will gain more profit and if you have little amount than you will get some amount so this is all depends on your investment.

Market movements means you can profit - buy low and sell high(er). If the price of cryptocurrencies was simply to flatline, there would not be any opportunity to profit from it.

I agree with you in the sense that there are a lot of market manipulations, so knowing when to take profit on trades is essential without applying greed. Yes, definitely in the long run holders of coins with good prospects will enjoy more, but it's good to cash out sometimes especially for traders. I do mainly short term and mid term trade.

This is one of the most important skills of every investor, because you always need to know how much profit you are going to have from each coin. Never hold your coins for too long, so you will pass the maximal prices.

In the bear market, every green on the market is a good time to cash out. If you wait for too long, the price might go down again and you will not make any profit from your investment.

It is true what you say that the crypto currency market is like a game of the capital owners of crypto currencies. Crypto currencies are engineered to achieve a certain advantage. Whatever it is, we should take the right strategy steps with various alternative strategies that can give us various choices. We really have to learn to get money little by little from crypto currencies if we only rely on income from crypto currencies. I strongly agree with you who are increasingly learning how to monetize crypto currencies. I'm sure the more days you can get more experienced.

Yes, as active traders we should be able to make fast decisions when to buy and when to cash out. Long term holding, IMO, will be fit only for those who have no time to see the market conditions regularly. The fluctuations can be good for us to collect some profits.

It's quite not appropriate to post and hype this topic at this moment as the market keeps on increasing particularly, bitcoin. Actually, before bitcoin has ever pumped this hard just before, I've been in my deepest regret as I sell my investment. So, if I will going to help you to encourage a cash out, maybe you should learn from my mistake.

Cryptocurrency is like a gamble you should know what decision will make a better outcome or profit. Sometimes it is not good to keep your coins too long because the value might get low and maybe lower. There are times though that it is good to keep your coins and wait for it to have high value. It will always depend on you and how you think as I have said before this is like a gamble and the outcome will be based on how you want to play it.

Well you have to set target for every dip and high. Whenever you reach a particular level then liquidate some of your investment and hold the remaining parts. Similarly when your coin is dipping then are a target and bear loss and get out of stock. This will help in minimising the loss

I disagree with the author of the topic in some nuances. I believe that the market price of the coin is formed by whales and information. But cryptocurrency is not a game. Cryptocurrency is a hardworking industry.

I rather agree than not, for me it is obvious that the crypto market is too volatile, and those who have the opportunity to use it. There are many ways to speculate on the crypto market, especially for those who own crypto exchanges and have huge amounts of cryptocurrencies.

By cash out you mean taking profits on trades? If yes, then it's OK. But sometimes one doesn't know when exactly to take profit, then the next thing is massive dump. For me, I usually set a stop loss so that even when there is epic dump after a rise, it doesn't affect me that much.

It is always right to make an exit when the time is right but I prefer to hodl for long time because you might get it wrong and thdn make an exit and then prices never go low again

Taking profits is a good idea especially if you are after shorter term gains then a strategy of buying only when the market is indicating it's well oversold and selling once it has appreciated again can be an ideal way to benefit and you can either use this capital to diversify your portfolio or recoup your initial investment just make sure you don't take on board too much risk and focus on well established assets for the best outcome

Well, both you got good points. For me crypto is the combination of the two — luck and hardwork. We are dealing to a world where price fluctuations is natural, if you are a daytrader but got a sleepy eyes then more chances for you to lose. Luck is not so applicable for you anymore because you can enter and exit the market. Long-term holders on the other hand not only need some hardwork but more and more luck as well because they can't easily catch up on adapting the price changes.

What I'm pointing is that cryptosphere is not a luck industry nor hardwork industty. It is more appropriate to say that it was a poker industry (I hope you get my point ;)).

What turns people to hodl gang is missed opportunity brought by greed and some other factors. Provided one is in profit, take the profit wait to refill your positions everything that goes up mut come down in time. Hodl doesn't work most times especially when you're not hodling Btc or ETH that rice can easily go up.

There is no crime to cashout of your cryto investments if you feel like you understand the markets movements well enough and buy in back during the dump. That is the only way to make the best profits in a cryptocurrency investment.

With the recent trend in Crypto, I believe cashing out is a necessity at the moment  not minding that some people still hodl but not the case with me, once a coin hits my target i cash out and move on

So many coins these days offer a promising concept and at the end of the day they never deliver and mostly lose their value but if you have some confidence they will have a working product then i will suggest you give them some time to see how far they go

There is nothing you need to regret. Think of it all as a lesson not to ignore crypto currencies maybe at this time you are not completely left behind
investing and buying several coins a now will not make you lose because for the future the price of coins will increase higher

It all depends on your game plan ! Daily traders should always be mindful of cashing out at a certain time to lock in profits. Also for long term investors , they need to cashout when desired profit has been achieved. Otherwise they will remain in a single circle for long.

What kind of events do you mean ? We should cash out if our investment already profit, or if we want to cut our loss.
The cryptocurrency market is start to going better in the recent days. Instead cash out, it will be better if we cash in to buying more coins.

Risky yes, but there's actually a signal wherein you can have the hints that you need in order to figure out if the market is good to invest with. In this case, cashing out your cryptocurrency will not going to give you maximum profit as we can inspect, the market is still profitable in a huge basis. Maybe convert your fiats to crypto.

Sad to hear about your loss, sir. What are your tips and are you currently hodling right now?

The last bull run came with a magnetic attraction to regulators.
Every regulatory even would make the market crash.
The multiple bitcoins did not help either.
It is too new to know what to do.

It seems to me that today the cashing of cryptocurrencies is very dangerous for the entire cryptocurrency market.  If someone has certain actions that carry their motivation, then everything is clear.  And if someone is afraid for their portfolio, and therefore they sell all the coins and bring them to Fiat, then what actions need to very seriously consider them to give them up.

Determining when the time is right is the hard part.

There is nothing wrong with taking profits, but at the same time it also requires the trader to understand where the tops and bottoms are. Taking a profit with every little rise of a coin may work for a while, then the market goes into full-on bull mode and unless you bought back in at some point, you'll lose out.

I'm sure there were tons of folks who felt great taking their 5-10% profits during 2017, up until the end of the year and those same coins were now at 100-1000% profit.

Nothing beats cashing out your profit
F you observed this week ethplode nuke as well as bomb token has been swirled up and low
Be smart and do it right always

It's interesting to debate this subject
I'm here for the long term, I have BTC, ETH, XMR and LTC, this is 95% of my portfolio, I have some alts to

There are times that I sell my coins expecting a dip, to buy again in a low price, to accumulate more BTC, I'm not a trader, but let's say I always make some decisions when I face with good oportunities, and I think it's important to know when it's time to cash out and wait to buy again

I think we are all adventurers in cryptography. The criptocurency market is young and very speculative. The main players are whales. We can only watch and get profit on their manipulations games. You just have to set certain criteria and extreme limits when to hold and when  to sell.

Still learning it the hard way,  I was so pissed off about myself not not selling high as at when due,  greediness is not a thing for the crypto space

Same here.  We should learn the right timing of cashing out.  I have kept my tokens for so long that it losses its value until to the point that it is useless to sell because it does not make any difference.   Meaning I am holding lots of useless tokens and coins now.  But well, kinda need to learn it the hard way.  Now if I see token in profit, I will sell it immediately.

but to be sincere, being greedy sometimes helps one gain more, but the mistake most make is that they let the greed drive them, the most important thing is setting target for yourself, and don't go setting unrealistic targets, if not, you still end up biting your fingers, what i normally do is set a target and ones that coin or token hit that price, I buy or sell, in the case of sell, i sell and totally stop monitoring that particular market ever...

all that depends on ourselves to get profit or loss if you buy at a price of 1000 and see the coins you buy become 800 and you decide to sell that means you are ready to lose and vice versa

Cashing out is a part of each strategy, so you have to do the same in order to get your profit. You know, it is a good idea to diversify your profit with something else, like stocks, property and so on

There are two things in crypto that I think is worthy to know in order to maximise your profit: when to cash out and when to hodl. It is good to cash out but doing so at a wrong time will only leave you bitting your fingers.

The main thing in the future is not to make mistakes , I think many remained in the crypto currency and did not sell coins at the time when the crypto currency was high , I think we will now grow very much in the next 2 years

There's no such rule. If you need cash you should cash out. If you already have enough cash don't do it and keep investing. Every person is different and those who are scared and always ready to cash out are usually new investors.

The easiest way to get rid of this fear is to cash out your investment and keep reinvesting the profits. You'll do much better knowing that you can't lose your hard earned money.

After all, cashing out is help us for stopping being greedy to get more profit because we know what will happen if we obey the lust. I'm myself at that time it has become money in my pocket, it will not be thought to make it into crypto form. Therefore cashing out has an important role too.

It's good to find a trading strategy that works for you, many people lose out from possible profits by hoping to rise to the very top only to find themselves at the bottom. It's nice to take profit but at the same time you can miss out on the big gains.

Thinking of cashing out should not be accompanied with fear. Most of the times, our decisions are associated with our emotions. The fear of not becoming bagholders make a lot of people to make hasty decisions and they miss so many opportunities before them.

Agree, holding an altcoin for a long time is risky because sometimes the daily trading volume is not too large and also the project does not run according to the whitepaper. If the price reach our profit target, then it is best to sell our altcoin and hold bitcoin

Every investment has risk and there's no assurance you will gain from it. But learning to take profit at times and controlling yourself to not become greedy is an indication that you're doing it right.

You dont need to wait longer to have a big profit, if there's an opportunity grab it and have plan on how long you would like to hold your assets.

That's all we have to think about. If you want to find profits every day, of course it will be very easy by taking the opportunity every moment that is in crypto. In my opinion, it is more difficult to trade every day compared to the long term. Because if we invest long term, of course, just think how long we hold our assets. If we trade every day, of course we have to find the right opportunity to buy and sell.

all have their difficulties. people trading daily may be because he cannot analyze assets in the long run. because of market conditions who knows in the future? therefore it is safer in daily trading, it does require a little more skills to make daily trading more profitable.

if you think so you also have the opposite. I mean how do you understand the crypto game by whales. just like you always monitor the market conditions and also coins that you invest so that you don't lose the moment to throw away.

You need to keep monitoring the market movements in order to justify your net position, if you can anticipate how the next trend will go you can
get good profits, cashing out will always be part of this industry only the time for collecting profits will be the good question when.

I have been insisting that to get profits from the crypto market, one need to have crypto knowledge and learn trading skills. The market is such that there are many manipulators and who manipulate for their own benefits. So it is very much difficult for newbies to get adapted to the function of the market. Lets learn crypto trading skills.

When you can see a chance to make the profit, you need to sell some part of your coins so you can take the profit and cashing out the money. That will be necessary if you want to make a profit in the trading still because if you want to make a bigger profit, you will have a chance to become greedy. And if you are greed, then you might lose the chance to make a profit later.

It is very important to learn to cash out especially in these present days in crypto market because when you are expecting the price of a coin to go up, the whales are already working on it trying to see how it can be manipulated, you must be wise, be ready to cash out at the least price.

Well the point in crypto is to buy and sell, we need to know when is the right time to cash out because not everyday is a green or profit day especially in a bear market. But currently we are in a bull phase so best is to hold and wait for a maximum profit then cash out.

it's probably not the best time to cash out since we're in bull run. May be wait. I can see that you created this thread months ago so same rule that applied then may not apply today although cashing out is a probably good tactic for investors.

And sometimes you will cash out and regret after,my phone had a lagging problem so I decide to get a new one so I sold some of my coins and after two weeks the coin pump in price of 1.12$ each and I regret not having little patience more so sometimes cashing out is losing

Everyone might already get that experience. But as long you get profit or not loss something, i think it is only how much people's greed level. And if you actually don't know what will happen next after when you sell your coins, it is ok to grateful for that.

Cashing whether crypto, fiat or money is very important as a traders. And to tell you frankly it is very hard to earn in crypto especially if you face bear market season. And the truth about this thing the one who always made a huge profit in the market was the whale investors who are the one can able to control the market as well.

Its true for majority of coins out there. Recently, the pump and dump thing are very common on most crypto because of the recent condition of the market. Now its a battle of strategy. The one with a good strategy wins. In this time of crypto market, its better to set a target. When you reach that target, it means get your profit and cash out. But if you are a patient guy, then holding your coin for a long time might benefit you.

Crypto game is and always has been a game of risk. It’s better that you have learned to cash out after the huge drop from 2019.

This is a very good experience.  Which is useful to everyone in the world of cryptocurrency.  I am sure that everyone here should be able to do it.

Cashing out is hard for alts, the market is so small yet the proft you can always achieve is huge. With the lack of volume in DEX exchanges i recommend you to learn about Switch.ag (http://Switch.ag) they got +150 altcoins including stable tokens like dai or tusd. It works like a dex too since you don't need an account and they won't hold your funds the process is almost instant. Much Recommended

Investing in Cryptocurrency is always a risk one must take, and it's based on self determination. I learnt to cash out the hard way when I lost like $1,000 all because of Holding the coin.

Good to know that you have learned your lesson by way cash out any time you felt that you have made profit from your investment because what everyone of us is after is not more than to make more profit from our investment in the crypto currency, one you have identify such a method of getting more money to your capital then you are good to go.

HODL if you are dedicated to it but don't just hold forever. I've been selling if there's an urge for me to do or I'm oblige to do it.
You can't enjoy profit if you're not going to sell but it's also a good investment if you have a space dedicated to hold long term. Just balance yourself.

To be honest, nothing feels good than cashing out, even the tiniest of your profits. I have learnt to personally get contented in 3-5% short term profits than waiting for 10x-20x that may not even come, in the long term. The whales always have a history of manipulating the market direction to wherever they like thereby making it relatively harder for the average retail investors to secure maximum profits.

In esence, even if your profits is just 2-5% of your capital, learn to take it out before the whales come for you. Profit is Profit, never ever forget!

Cashing out seems a good and safe solution. You can cash out once the price is around 300-600 dollars high the initial price of bitcoin and then repurchase once it is back to the original price. This is the plan that I am currently looking forward too.
Yes, End of 2018 was a bit cruel to crypto, but we have been observing recovery in the market. As for now, the price is fluctuating so I would recommend the same unless we see some major fluctuations.

This is one of the most important skills, if you want to add the value to your portfolio and not to lose money. Holding for too long, is not going to bring you a lot of benefits, but you can miss the all time high price and regret about it.

Trading is not easy and one of most important lessons are to know when to cash out and how to read charts. Maybe you can read others' trend analyzes via TradingView or choose popular traders using eToro to do copytrading.
There are tons of tutorials on the net, Google them.

Manipulation aside, you need to be smart about trades
For every increase in value of a token, there is a potential decrease in price

So dyor to learn when to get in and out of trades always

Learn the different types of coin too, privacy or deflationary etc

I believe this is your choice or view and should be respected. However, holding still pays and in fact is one of the good things to happen to investors or users within this space. Let's take a real case scenario; have you considered those who bought coins like ETH, BTC, BNB etc when it dumped hard last year? If they held, of which many did by comparing today's price that's a handsome profit.
On the other hand, cashing out is good too mostly when the project is not too trustworthy.

Just after a progressive growth in prices of bitcoin and other altcoins
We have seen the bearish run take its place again, swiftly and quicker this time around.

Which means as an hodler and investor; knowing the right time to sell and pack profit to buy cheap is key to long term sustainance in crypto currency

It is very good to know when to exit. Cash out when you are in profit, 10% profit is good, you don't have to be greedy till it gets to 100% . Unless you are sure of the token you are holding then it is your choice.

I have to admit selling has been my best skill
Especially as a full time bounty hunter, I have mastered the art of selling at the right time
I get lots of kisses few times due to wrong calculations but I don’t get it wrong easily

Selling must be a part of you, especially when you are in profit
Don’t gamble on your capital especially when in 5x or 10x

I have learnt that cashout is a serious activity which theses whales are quite conversant with. While you target 50 percent or 300perceont of your return on investment, whales are after the 5 percents because of the fact that they trade with his huge sums of money. So I urge you to trade with your spare funds

The market is very unpredictable, there have been situations where after cashing out the market pumps so huge eventually, the idea is to cash out but not completely especially for projects that still have potential. I learnt this from hydro

Bitcoin hodling is not the same as altcoin holding . Your money will never be safe if you invest in altcoins , so the decision to take profits when altcoins rise in price is very reasonable . You do not have to be greedy and wait for 1000% of the profits, because the altcoin market is very volatile

Cashing out or hodling is your decision, but for sure market can go either way(up or down).
Knowing the entry and exit point is Paramount especially as the crypto market is very volatile.
Experience and research is a great tool to navigate this crypto market for profit making.

You are very correct and I cannot agree less, I actually learnt my lesson of not cashing out on time in a very hard way. As at the time I got the tokens, it worth $350 but now was we speak, i don't think it is even up to $25 in value. It is quite painful but it is a big lesson.

CASHING OUT crypto or converting it into FIAT has different ways.
It will depends on the country of your origin. if you can tell us your place then we might can help in a sure way.

Those who learn to go to Fiat in time will be the most successful trader. Given the high volatility and speculativeness of cryptocurrency, it is almost impossible to predict the real course of things if you are not making the story yourself. Know or be this is the question).

Greed and lack of knowledge has led a lot of people to lose money, knowing when to cash out is one of the best strategies a trader can employ in this volatile market.