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Author Topic: Should I cash out my BTC now?  (Read 19799 times)
tleilaxu_eyes
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August 06, 2017, 04:31:36 PM
 #361

You can, if you want to live with knowing that you sold at a lower price for every day in the future.

Look into the eyes.
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Yoandy10
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August 06, 2017, 04:52:13 PM
 #362

Don't do it. As more investors with serious capital jump in (as did MaCaffee recently), the demand will increase. Additionally, many more banks are developing regulations to start dealing with bitcoin in one way or another. It would be a huge mistake to cash out now. The future of bitcoin is just beginning.
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August 06, 2017, 05:07:11 PM
 #363

If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
It depends on you. If you have cash, so you can cashout. But it you don't need cash, so you can hold. Bitcoin is going so high day by day. I think Bitcoin will reach $5000 soon. So, If you hold your BTC for some times. You will make a good profit on it.
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August 06, 2017, 05:25:32 PM
 #364

Cash out BTC is the worst thing any one deal with cryptocurrencies can do. I recommend every one to hold bitcoins to net regret in future. There is no limit for the bitcoin price. It can increase very much.

yup, cashed out about 10 of them in the 400-900$ price range...could have had a new car right know instead of a couple of nice vacations and a TV

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Hoho29
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August 06, 2017, 05:32:06 PM
 #365

it is not a right time to sell bitcoin if you wait 4 to 10 months from now price will be doubled so patience is good .

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August 06, 2017, 05:42:31 PM
 #366

 ::)HODL!!! Roll Eyes !!!!

i think it all depends how much Bitcoins you have! If you have loads of em, no problem to cash out some of em!

I took all the money i invested in 2013 in BTC, out + 10 K €! Now, i just buy sometimes something (food vacation) cause i will also support the System as a currency and payment System. But mainly HOLD!

But i have a plan! If they Double up next time, i cash out 5-10%! Next double up, same 5-10%. So i´ll keep BTC and take also some part of the Winnings!

C ya



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August 06, 2017, 05:50:01 PM
 #367

::)HODL!!! Roll Eyes !!!!

i think it all depends how much Bitcoins you have! If you have loads of em, no problem to cash out some of em!

I took all the money i invested in 2013 in BTC, out + 10 K €! Now, i just buy sometimes something (food vacation) cause i will also support the System as a currency and payment System. But mainly HOLD!

But i have a plan! If they Double up next time, i cash out 5-10%! Next double up, same 5-10%. So i´ll keep BTC and take also some part of the Winnings!

C ya





This is the good way to increase your bitcoins without affecting to your financial system. Yes how much you required that much only withdraw remaining you can keep in your wallet. How much you can able to store that much profit you will make in the future. Many people are following this method and saving there coins.
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August 06, 2017, 05:57:03 PM
 #368

Now it is the best time for you to cashout all of your Bitcoins into your own currency. If I had some Bitcoins, I must have cashed out all the Bitcoins because the price is so high gives me profit. Maybe, We see more high price of Bitcoin in coming days who knows!


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keithers
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August 08, 2017, 07:58:16 PM
 #369

Since the original post, the price per bitcoin has gone up nearly $900.   Has the OP returned to say if he/she offloaded all of their holdings?

Anyone who cashed out prior to August 1st, is now kicking themselves.  Now the the fork has come...I think we are about to see a bunch of institutional money come in. 

I expect the market cap to exploded from here (with some downward corrections here and there).
Arumi.Bilqis
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August 08, 2017, 08:07:46 PM
 #370

Now is the right time to sell bitcoin because the price is soaring, but it all depends on each person.
And it's our chance to sell the bitcoin soar Grin
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August 08, 2017, 08:46:37 PM
 #371

Only cash out what you need and unless there is an emergency because Bitcoin is at its extreme atm and looks like it's not gonna stop that easy.
Waiting is the only option I would recommend you just like everyone else here did because as things settle down for Bitcoins after SegWit takes effect, I think more and more investors will join hands which will give a boost to its economy levels.

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mobilestrike
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August 08, 2017, 09:47:15 PM
 #372

Now is the right time to sell bitcoin because the price is soaring, but it all depends on each person.
And it's our chance to sell the bitcoin soar Grin
I think you are at mistake as now the price of bitcoin is soaring then why not to take the benefit from it. We have to keep our bitcoin in our wallets for more time as the price will increase more in the coming days so we will earn more in the coming days and in the coming month it is expected that it will reach to $5000.
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August 08, 2017, 10:37:21 PM
 #373

we know someone that is mining deepcoins since the beginning of it.
despite the sudden inflation way back then and a lot of miners sold their bitcoins, still he hold on to it.
Now, present time he now reaps what he sow....
Cheesy
.
But with ragards to your situation i still believe its up to you..
Read articles regarding it and dont base your decision simply because somebody told you to do so...
By doing it i know you will not regret anything whatever the outcome of your decisions will be...
Cheesy

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August 08, 2017, 10:42:04 PM
 #374

If you have bitcoin on this day. You should be happy because bitcoin prices today are very expensive. Maybe this is the right time for you to sell your bitcoin. If you have a large amount of bitcoin selling 3/4 of your bitcoin. Some of you save back for future investment. I'm sure today people who have bitcoin get multiple benefits.
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August 08, 2017, 10:42:23 PM
 #375

My plan in my mind when I entered the crypto world is to have so many coins and just hodl it. Based on this plan, my answer to your question is pretty clear: I'll hodl my BTC until it increase its price drastically. We are talking of $10k to $20k per BTC here. I know that it will not happen in the near future but I believe that it will happen.
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August 08, 2017, 10:50:30 PM
 #376

It depends, if I really need money then i'm going to cash out no matter what the price is like last week I withdraw when the price is less than $2900 because there is something I need to buy. If not, i'll just keep it and wait for a higher price to cashout.

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August 08, 2017, 11:09:49 PM
 #377

If you cash out your bitcoin now your going to be the person who will think what I have done in just 1-2 months time.
Best advice from me is to hold on to your bitcoins.
If you are in need then cashout your bitcoin. It is not bad to cash out now if you have something that is needed to buy or you need to pay for something or your debt. Just be practical enough. It might can help you. But if you dont have anything to be spend with and you have an extra money then dont.
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August 08, 2017, 11:16:06 PM
 #378

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

I think depends on your purpose for holding the bitcoins, really. The value will probably be increasing. So if you're in for the long-term, probably hold it. If not, cash out and invest in something else.
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August 09, 2017, 01:08:48 AM
 #379

Maybe if it does not have an urgent need it would be better to save the bitcoin we have as an investment, because by holding bitcoin for the next few years is a safe investment would have a chance to gain profit.
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August 10, 2017, 05:46:10 AM
 #380

If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
Definitely,i would try my best to leave  bitcoins in my wallet itself since its an ever growing currency.Instead,i would use my fiat money for other expenses.If i'm in desperate need for money and i'm not able to make any other arrangements for money,then i would sell my bitcoins to meet my expenses.

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