Best point in time to cash out the Bitcoins?

[KingAfurah]

Hello,
I am hodling Bitcoins since 2012, expecting them to go up in value.

What do you think is the best time to cash out? Is it now or will Bitcoin rise again to make more money??

Best wishes
Colonel Afurah,
Nigeria Army

[1714615937]

1714615937

[1714615937]

1714615937

[1714615937]

1714615937

[KingAfurah]

It's better to sell your bitcoin now if you don't believe bitcoin price will rise again or don't want take the risk.
If i were you, i would hold my bitcoin until bitcoin price rise again

I don't know man, it is 18 months now since it was $1000, nowhere near the peak.

I am losing patience, I don't think we will see good prices again, maybe a better idea to sell now and invest in Apple shares or something.

[NyeFe]

Hello,
I am hodling Bitcoins since 2012, expecting them to go up in value.

What do you think is the best time to cash out? Is it now or will Bitcoin rise again to make more money??

Best wishes
Colonel Afurah,
Nigeria Army

You've already held it for 3years, if we were you, we would hold it for 3 more years.

[MicroGuy]

Hello,
I am hodling Bitcoins since 2012, expecting them to go up in value.

What do you think is the best time to cash out? Is it now or will Bitcoin rise again to make more money??

Best wishes
Colonel Afurah,
Nigeria Army

The price of Bitcoin might have reached its peak for the time being.

We need to wait and see if these "military" checkpoints will become necessary to force people onto the "right" chain (Bitcoin XT).

https://www.youtube.com/watch?v=DB9goUDBAR0

[KingAfurah]

Hello,
I am hodling Bitcoins since 2012, expecting them to go up in value.

What do you think is the best time to cash out? Is it now or will Bitcoin rise again to make more money??

Best wishes
Colonel Afurah,
Nigeria Army

You've already held it for 3years, if we were you, we would hold it for 3 more years.

I know, people said the same a year ago. "Just wait, Bitcoin will rise again, fundamentals are good".

I am not in it for waiting, maybe another investment would be a better option, i.e. real estate or Apple shares or something.

[Hazir]

It's better to sell your bitcoin now if you don't believe bitcoin price will rise again or don't want take the risk.
If i were you, i would hold my bitcoin until bitcoin price rise again

I don't know man, it is 18 months now since it was $1000, nowhere near the peak.

I am losing patience, I don't think we will see good prices again, maybe a better idea to sell now and invest in Apple shares or something.

I you own Bitcoins since 2012 why didn't you sell your coins during that huge bitcoin price spike in late 2013? Did you think that price would be even higher?
Anyway, I your best bet right now is to wait for the next bitcoin halving in 2016. Bitcoin price would skyrocket.

[klf]

There's still room for profit with BTC and I'm sure there will be some successfull alt coins as well.
I'm now trying to figure out which are worth investing in

[LFC_Bitcoin]

If you've been hodling since 2012 then you probably should have cashed out at the ATH but hindsight is a wonderful thing, you wouldn't have known about or expected the drop we've experienced since.
I would advise you to hodl for quite a while yet, the current price sucks & it makes no sense at all to sell now.
The price will probably double within 12 months due to a number of things - Gemini, COIN ETC, halving etc so do not sell now as imo it'd be a big mistake.

[BillyBobZorton]

By selling Bitcoin, you ALWAYS lose money in the mega long term (10 to 20 years from now), including potential chances to become a millionaire.
Knowing this objective fact, you can always try to benefit on the big bubbles that will happen along the way. Every time you sell is a risk tho.
So I would say, if you are here long term, don't sell. If you don't care, just sell as long as we hit 600 and enjoy your beer money.

[KingAfurah]

By selling Bitcoin, you ALWAYS lose money in the mega long term (10 to 20 years from now), including potential chances to become a millionaire.

This doesn't make any sense.
That's like saying by not gambling or by not buying lottery tickets you "you ALWAYS lose money in the mega long term (10 to 20 years from now), including potential chances to become a millionaire."

I am already millionaire, so I can live very well already. I am just looking for maximizing my investments, and I am losing patience in Bitcoin slowly.

[Amph]

not right now for sure, don't sell low and buy high like many do, the best time to sell is everybody else start buy, but not immediately after that, wait a bit before selling

surelly i would not touch anything until it go at least above 1k, again...

[KingAfurah]

not right now for sure, don't sell low and buy high like many do, the best time to sell is everybody else start buy, but not immediately after that, wait a bit before selling

surelly i would not touch anything until it go at least above 1k, again...

Well, I bought in 2012 when Bitcoin was around $10, so if I'd sell now I would have 2300% ROI in 3 years, which is fabulous.

With your last sentence I am not so sure, I am losing believe in seeing $1000 ever again. I have not decided yet, holding or diversifying. Maybe selling half my Bitcoin assets and investing other half into something else.

[trinaldao]

Hello,
I am hodling Bitcoins since 2012, expecting them to go up in value.

What do you think is the best time to cash out? Is it now or will Bitcoin rise again to make more money??

Best wishes
Colonel Afurah,
Nigeria Army

Your best sell in 1000$ in last year
This future higher rate (in this year) my opinion 400$

[thebigtalk]

Hello,
I am hodling Bitcoins since 2012, expecting them to go up in value.

What do you think is the best time to cash out? Is it now or will Bitcoin rise again to make more money??

Best wishes
Colonel Afurah,
Nigeria Army

You've already held it for 3years, if we were you, we would hold it for 3 more years.

I know, people said the same a year ago. "Just wait, Bitcoin will rise again, fundamentals are good".

I am not in it for waiting, maybe another investment would be a better option, i.e. real estate or Apple shares or something.

Do what you think is right for your money. But if I were you, I'd sell them out and start a good business. Buying apple shares would be awesome!

[KingAfurah]

Your best sell in 1000$ in last year
This future higher rate (in this year) my opinion 400$

I don't see this happening.
For $400, which would be about a doubling, roughly $3 billion in real capital would need to be invested until years end, $500 million a month.

Sorry, I don't see this happen.

[newflesh]

Well if you can afford to keep them, I'd personally wait a least another couple more years before thinking of cashing out your btc. Even then I wouldn't sell them all, the way I see it is unless there is some unforeseen disaster, the price can only go up eventually.

Disclaimer: long term hodler.

[Amph]

not right now for sure, don't sell low and buy high like many do, the best time to sell is everybody else start buy, but not immediately after that, wait a bit before selling

surelly i would not touch anything until it go at least above 1k, again...

Well, I bought in 2012 when Bitcoin was around $10, so if I'd sell now I would have 2300% ROI in 3 years, which is fabulous.

With your last sentence I am not so sure, I am losing believe in seeing $1000 ever again. I have not decided yet, holding or diversifying. Maybe selling half my Bitcoin assets and investing other half into something else.

it would have been more fabulous if you had sold when the price touched 1200-1300, selling now seems a bit stupid no matter the roi you can ever get

i believe that if you had already lost that much by not selling at that peak, you can afford to gamble a bit more with it and wait for a better price

[KingAfurah]

....., the price can only go up eventually.

Disclaimer: long term hodler.

That I am not so sure of. It can go down real quick also, I remember gold digger year 2013. We have not seen real stress test of spamming of the Bockchain (which is relatively cheap for around $5000 a day in useless transactions, cheap for a country like Russia, USA or China). Also use as money is still not there, since everybody is hodling hoping to get rich quick like a lottery.

Does 3 years make me long term holder?

[hua_hui]

You have already held for three years! I assume you believe the price will climb up further beyond the peak in 2013! If you are not short of cash, why do you rush to cash out them? Why not hold a bit longer to see the potential of it? I think you bought then at very cheap price, you won't lose anything!

[KingAfurah]

You have already held for three years! I assume you believe the price will climb up further beyond the peak in 2013! If you are not short of cash, why do you rush to cash out them? Why not hold a bit longer to see the potential of it? I think you bought then at very cheap price, you won't lose anything!

I used to belive it will climb higher again, but now, 18 months after peak, I am slowly losing confidence of this ever happening. I am more realist, not so hardcore "believer" like many in this forums.

I am not rushing to cash out, I am thinking about it. Maybe the money is better invested somewhere else, like Apple shares, USA private prison company or something other lucrative market.

I will not lose anything even if I sell now, since I bought for about $10 only 3 years ago, ~2300% ROI in 3 years.