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Author Topic: Should I cash out my BTC now?  (Read 19799 times)
ndurance
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July 17, 2017, 09:04:23 PM
 #41

I heard some people saying that the value can decrease until 1300 usd, but well, we will see what happens...

and wil be 60000$ to 2020 years
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July 17, 2017, 09:15:26 PM
 #42

Personally if it was me I would be thinking do I need it right now. If not is there really a need to cash in as an investment it is already spent. I would be keeping some if I was to cash in you never know where bitcoin could be in a few years time.

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July 17, 2017, 09:19:16 PM
 #43

Ron Paul Warns "Central Bankers Are Always Wrong...Especially Before A Bust"





The global dollar-based monetary system is in serious jeopardy, according to former Texas Congressman Ron Paul. And contrary to Fed Chairwoman Janet Yellen's assurances that there won't be another major crisis in our lifetime, the next economy-cratering fiat-currency crash could happen as soon as next month, Paul said during an interview with Josh Sigurdson of World Alternative media. Paul and Sigurdson also discussed false flag attacks, the dawn of a cashless society and the dangers of monetizing national debt.

Paul started by saying Yellen's attitude scares him because "central bankers are always wrong – especially before a bust."

"There is a subjective element to when people lose confidence, and when is the day going to come when people realize we're dealing with money that has no intrinsic value to it, we're dealing with too much debt, too much bad investment and it will come to an end. Something that's too good to believe usually is and it usually ends. One thing's for sure, we're getting closer every day and the crash might come this year, but it might come in a year or two."

"The real test is can it sustain unbelievable deficit financing and the accumulation of debt and it can't. You can't run a world like this, if that were the case Americans could just sit back and say "hey, everybody wants our money and will take our money."

Paul advised that, for those who are already girding for the crash by buying gold and silver and stocking their basements with provisions like canned food and bottled water, the rewards for their foresight will only grow with the passage of time.

"Actually, the longer it takes to hit, the better it is for us. The more we can get prepared personally, as well as warn other people, about what's coming."

"It's a sign that the authoritarians are clinging to power so they can collect the revenues collect the taxes and make sure you're not getting around the system. That's what the cashless society is all about. But it won't work in fact it might be the precipitating factor that people will eventually lose confidence when the crisis hits. They say the crisis hasn't come – well in 2008 and 2009 we had a pretty major crisis and what we learned there is that the middle class got wiped out and the poor people got poorer and now there's a lot of wealth going on but it's still accumulating to the wealthy individual."

"People say it might not come for another ten years – well we don't know whether that's necessary but one thing that's for sure when a government embarks on deficit financing and then monetizing the debt the value of commodities like gold and silver generally goes up.

Asked about intelligence agencies and their growing willingness to stage so-called false flag attacks to help push their hidden agendas, Paul asserted that the gassing of a village in Northern Syria – an attack that was widely blamed on Assad – was in reality orchestrated by his political opponents to try and goad the US into escalating its campaign of violence against Assad's regime. The tactic that was ultimately successful, inspiring US President Donald Trump to fire a fusillade of cruise missiles at a Syrian airstrip.


Read more at https://www.lewrockwell.com/2017/07/tyler-durden/central-bankers-always-wrong/.


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micher143
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July 17, 2017, 09:28:27 PM
 #44

If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
It depends upon you if you cannot wait longer anymore you will be surely going to convert and cash out your money from your btc wallet to avoid the continuous drop of bitcoin value. But if you really have the patience to wait that longer until the time it will pump again, surely you will get more than what you have right now. So better hold it for a while. But it is your own decision that will matter anyway.
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July 17, 2017, 09:32:21 PM
 #45

2000$ is not such a good price by the way. I remember how we were happy to see this new bitcoin's record just several months ago. I would cash out my bitcoins now if I would need money. Don't understand why I need even to think about that? Yes I know bitcoin is going to raise, Wall Street is predicting 55000$ price in five years. But what to do if I need money now? Loans and credits are not my thing.
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July 17, 2017, 09:32:23 PM
 #46

If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
If you really want to gain more than enough money of than you have right now, you will surely wait until the price pumps again into the normal or until it pumps more leading to the expected price peak. But if you cannot wait no more, you can cash out your btc since it was your own money on the first place.
Bowly88
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July 17, 2017, 10:52:56 PM
 #47

Dude. I suggest doing your own research and decide yourself. Don't rely on other people's choices and or decisions. Or maybe look at previous threads here and in other forums, and also on reddit. I've seen too much threads like this to be honest.
It's right though, do not just do what others do or tell you to do. You have your own mind and decision, don't let you fear drive you. But my suggestion to your question is hold as long as you can. Just trust the industry that it will be successful. This is normally happening in the business world, don't be too scared just keep calm.
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July 17, 2017, 11:06:24 PM
 #48

Am a long time investor. Till now a have not one day cash out any of my coins for I believe in due season I will reap abundantly from my investment in crypto currency. So far, many people are busy selling at lose, as a result of fear of what would be the outcome of 1st August meeting. Somebody told me recently that he has lost about 15 bitcoin since the decline in the market value of Bitcoin. Bitcoin will rise again just hold unto your coins.
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July 17, 2017, 11:24:59 PM
 #49

If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
I'm just thinking to cash it out before August 1. coz I'm a little bit alarm in thay date. I don't know what could possibly happen by that day, it is better to be sure than to suffer loss of money. Mayve the price pf bitcoin will rise again, but it is not important for me today. I must be happy because I have already money unlike some, they don't have income waiting.

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July 17, 2017, 11:41:43 PM
 #50

If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
Of course i will wait increasing of this cryptocurrency, bitcoin is more valuable than being to exchange it to fiat. So to be honest, I usually keep a high percent of my weekly income in my wallet and i touch it never, and i only use a low percent of my btc/week to buy some stuffs from the internet or to use them in trading or maybe sometimes in gambling. I don't advise to cashout bitcoin, in the worst case cashing out a part of them is not problem at all, I say that because i know that bitcoin one day will be an awesome coins with a unbelievable price.

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July 17, 2017, 11:47:42 PM
 #51

If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
I dont really think was the thing that i will do i also has a holding in bitcoin and i dont know what to do should i cash out or should i hold my holding the market is already dump and if i sell it it will  e a mess for me and i dont gain aa profit in my holding so i cant sell it.
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July 17, 2017, 11:47:48 PM
 #52

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

Well, it depends from person to person I could say. If an individual is running a business and would prefer to get immediate returns, they would obviously sell it right away through a payment processor such a bitbay or so. On the other hand, if the individuals mindset is all about making a bank with bitcoin he would hold it for a long period of time and wait for the price to reach the stars.

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July 17, 2017, 11:57:14 PM
 #53

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

Firstly, being paid in Bitcoin from your real life job would be super risky, so if you are receiving a salary in Bitcoin right now, I would definitely recommend not getting paid such a big amount in bitcoin. Right now Bitcoin is not at the stage where you can use it as a payment method in real life. Right now Bitcoin is mostly an investment option for some people, and for others internet cash. If you have invested in bitcoin I would recommend you waiting after August the first since there is a high chance of Bitcoin taking trip to the moon after the hard fork if it happens.
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July 18, 2017, 12:23:27 AM
 #54

Bitcoin will easily hit $2,450 this week.
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July 18, 2017, 12:45:30 AM
 #55

Agree that snap sound is my sling shot firing my bitcoin to the moon!
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July 18, 2017, 01:10:51 AM
 #56

Dude. I suggest doing your own research and decide yourself. Don't rely on other people's choices and or decisions. Or maybe look at previous threads here and in other forums, and also on reddit. I've seen too much threads like this to be honest.
It much better if your decision will always depends on the trend or the rate of price of bitcoin on the market. Because if you are going to cash out all your bitcoin you must convert it first to fiat meaning to say that you should also monitor the price for you to know if you are going to earn or not. If you just sell or buy without any purpose their is a higher possibility that you will lose rather than to earn. So always seek on monitoring the price for you to know what is the best action you  can do.
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July 18, 2017, 01:27:39 AM
 #57

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

I will just hold my bitcoin. There are really times that the value of bitcoin is down but what's sure is it will regain its value from being down. It's also good if you depend what you'll do on the current trend about bitcoin. Observe and then do the move.

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July 18, 2017, 01:43:14 AM
 #58

If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
Well it depends in a situation, i only cash out my bitcoins if i need a money for gimmicks with my friends or i want some things that i really want to buy. But i always keep my bitcoins because i am waiting for bitcoin's price to increase or to be expensive to make my bitcoins raise too.
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July 18, 2017, 01:43:44 AM
 #59

As always the best idea is to just hold your bitcoin and ride through the dip. Bitcoin is uncertain right now due to the uncertainty about the forks but confidence will come back soon.
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July 18, 2017, 01:58:25 AM
 #60

No, I do not think you should sell your funds at this moment. We can see bitcoin's value on the rise again and it should be increasing all the way past August 1. The price used to be ~1850 USD 24 hours ago and is now ~2200 USD. I think many people have realised that they have made a mistake when they panicked because of Segwit2x and sold all their investment quickly for a cheap price. This is why the price is increasing once more. Just hold onto it for quite some time in the future till something really bad is to happen (I highly doubt that anything of this sort is going to happen).
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