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Author Topic: Should I cash out my BTC now?  (Read 19799 times)
hassanabid (OP)
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July 19, 2017, 08:20:05 AM
 #121

I am going to convert all my BTC (not much) to some other wallet like PerfectMoney.
As of now the rate is 2.3k and I think when all of that fork shall start at some point the rate shall be lower, way less than 2k at least. And that shall be the right time to buy BTC again cause no doubt It'll be back in few months and continue to pump.

What do you guys think? does someone share my opinion?

according to my analysis its still rising up so may be you should wait a while and watch it carefully when it start to lower then take your cashout
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coinbitbit
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July 19, 2017, 08:23:35 AM
 #122

Unless you need a money real bad, you should keep holding that. I mean, even though BTC is unstable, at least wait till the August. See what happens. Also people buy bitcoin for long term wait that means the market itself won't move that much but the value itself does.
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July 19, 2017, 08:29:01 AM
 #123

I personally had cashout all my btc after continues decreasing in value last week.

shintosai
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July 19, 2017, 08:43:49 AM
 #124

I personally had cashout all my btc after continues decreasing in value last week.
and for sure you are crying like a child right now seeing that the bounce back is already happening and the chances of having bigger value
in the next few weeks after aug 1 would make you feel sorry for yourself  its really better to assess first or just sell some percentage before
selling everything.

Happydd
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July 19, 2017, 09:21:43 AM
 #125

If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?

I think we should wait, bitcoin is rated as a strong money, it can give you a source of profit in the future, so do not sell it now, you will have to regret it sell it.
Sadlife
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July 19, 2017, 09:31:51 AM
 #126

If your going to cash out your  bitcoin's and spend it for goods and services or spend it in clothes i suggest you rather hold it because if you've been here and done your research in bitcoin you should knoe that the bitcoin price value will increase, people should stop thinking bitcoin as a money making method and use for micro payments cause bitcoin is not suited in those anymore it is more like a long term investment currency to keep your assets safely that will grow in the future. In the end you yourself have to decide what you use your bitcoin.

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hoian0809
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July 19, 2017, 09:32:35 AM
 #127

If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?

I think we should wait, bitcoin is rated as a strong money, it can give you a source of profit in the future, so do not sell it now, you will have to regret it sell it.
Bitcoin is starting to gain some serious traction. It would be wise to buy some bitcoin before the price starts to skyrocket again.
fullypak
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July 19, 2017, 09:34:40 AM
 #128

I personally had cashout all my btc after continues decreasing in value last week.
and for sure you are crying like a child right now seeing that the bounce back is already happening and the chances of having bigger value
in the next few weeks after aug 1 would make you feel sorry for yourself  its really better to assess first or just sell some percentage before
selling everything.
Yes Bitcoin price bounces back, and I think again it will not fall. That is why experience needed to make money in Bitcoin. Without having experience if you hold bitcoins you people will lose money because of panic selling. When the price was started to fall, all experts gave suggestion don't get panic and keep your bitcoins. Its ok past is past now before selling your coins once take some suggestions and sell.
Xenrise
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July 19, 2017, 09:36:18 AM
 #129

Well it is really up to you. If you hodl it for many years you can see your wealth shining through. It is better for you if you do research about this kind of matter. A little tip for you: if you need the money now I think you need to withdraw it, but if it is not yet needed then don't it is simple as that.
Lampaster
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July 19, 2017, 10:07:07 AM
 #130

Everyone has to decide this issue for himself. Sometimes there are situations when it is better to have $ 100 in your pocket now than $ 10,000 in 5 years. Bitcoin is very good to be true. Therefore, I recommend to invest in bitcoin money, only those who are not afraid to lose.
Caelanpelley
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July 19, 2017, 10:27:50 AM
 #131

If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
I think the decision to or not is due to you. We can comment but I think you will know how is convenient for you best.
IamAltcoinfan
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July 19, 2017, 11:52:59 AM
 #132

As far I dint get any payment but am using bitcoin to trade so I am increasing my crypto asset as well as currency by holding them not cashing out it will be a loss for me.

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LouVandetta
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July 19, 2017, 12:59:16 PM
 #133

Bitcoin price goes up again now, so I think this is the right time to buy it.
But if you're not confident enough about it, maybe you should turning it into fiat.

The decision is yours.
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July 19, 2017, 01:07:31 PM
 #134

Hey bro do you need money ? If you need urgent money you can cash any time but if you thing you lose your many u can cash your bitcoin  . It's your personal mind but if you thing when bitcoin price is growing you can lose and take bad mind with you.
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July 19, 2017, 01:10:29 PM
 #135

If you're just asking for opinions than fair enough, I'd suggest keeping it since we're not in the times of fear of BTC halving. But if you're asking for what YOU should do, it's better to search for clearer information regarding it
Kersh768
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July 19, 2017, 01:22:22 PM
 #136

If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
In my opinion, I will hold it still because I am hoping and seeing pump for BTC. How can I say that? Deflation happened for lots of times and after a week or month? It is back to normal and sometimes higher. If I were you, I will risk. But it will still depend on you decision because it is you that'll benefit from it. Is it to risk or would you take the assurance? Hoping that'll be in favor for you.

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July 19, 2017, 05:36:37 PM
 #137

Depending on your own preference, it's not awkward or strange at all to be holding your bitcoins for even months or years waiting for an improvement or even as a storage of funds and a way to avoid devaluation of currencies.
Personally, I would cashout some of it every few months, but still keep some, avoiding to keep all my eggs in one basket.

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July 19, 2017, 06:20:28 PM
 #138

I think not now you should cash out your bitcoin, better hold up to the highest price. Because I think bitcoin prices are now not reached the highest price  Wink Wink Wink

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July 19, 2017, 07:26:08 PM
 #139

I wouldn't, btc will survive 1 aug and go up

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July 19, 2017, 07:33:44 PM
 #140

I would wait a little bit but it's all up to you!
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