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Author Topic: Should I cash out my BTC now?  (Read 19799 times)
DoublerHunter
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August 10, 2017, 09:40:01 AM
 #401

If you are already satisfied with your profits from bitcoin now then you can sell it and make sure that you will be spending the money right because if you will not take care of your own money then other people will take care of it. The price of bitcoin is high as of now but if you can wait a little bit longer then you can be happier because the price will likely to hit 5,000 USD soon.
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libert19
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August 10, 2017, 09:40:23 AM
 #402

If you don't require money urgently then I don't recommend cash out.

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August 10, 2017, 09:44:41 AM
 #403

If you are already satisfied with your profits from bitcoin now then you can sell it and make sure that you will be spending the money right because if you will not take care of your own money then other people will take care of it. The price of bitcoin is high as of now but if you can wait a little bit longer then you can be happier because the price will likely to hit 5,000 USD soon.

Yeah its likely that we will see that price very soon in this year but if a person is making good profits with current price then I don't see anything wrong in selling some of his coins but he need to make sure that he keep some bitcoins for future.

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August 10, 2017, 11:37:58 AM
 #404

Cash out BTC? For what?! For some ridiculous FIAT like USD or EUR?! No, thank you, never!

Next thing I'm gonna do with my BTCs is buying me a nice fancy house, but it will be for BTC, not FIAT.

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August 10, 2017, 11:47:33 AM
 #405

Cash out BTC? For what?! For some ridiculous FIAT like USD or EUR?! No, thank you, never!

Next thing I'm gonna do with my BTCs is buying me a nice fancy house, but it will be for BTC, not FIAT.


This made my day. That would be a great thinking. I will do the same. Bitcoin is really increasing and why would I cash that out. It is really increasing most specially after the segwit happen.

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Nawaytes
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August 10, 2017, 11:53:12 AM
 #406

You can't ask to anyone about it, because it depends on you. Everyone has his own decisions, and every decisions has a risk. So i wouldn't suggest you to sell or hold Bitcoin in all conditions, i don't want to be blamed.
CraigWrightBTC
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August 10, 2017, 12:04:17 PM
 #407

Cash out BTC? For what?! For some ridiculous FIAT like USD or EUR?! No, thank you, never!

Next thing I'm gonna do with my BTCs is buying me a nice fancy house, but it will be for BTC, not FIAT.


Yes bitcoins can fight losing values because the inflation cash out bitcoins to fiat money USD or EUR are bad for our funds
couples next years bitcoins will be more more expensive be compared with fiat,
 this will happen after all of the people around the world adopt bitcoins to be used for payment method
 i guest we can buy sports cars use 1 or 2  bitcoins.
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August 10, 2017, 12:18:07 PM
 #408

You can't ask to anyone about it, because it depends on you. Everyone has his own decisions, and every decisions has a risk. So i wouldn't suggest you to sell or hold Bitcoin in all conditions, i don't want to be blamed.

I agree that its an individual's decision to hold or sell his bitcoins but I believe that holding for next few months can really give us good results as its more likely that bitcoin will achieve the price of $5000 in this year so cashing out at that time would be a best decision.
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August 10, 2017, 12:20:42 PM
 #409

If I get payment in Btc I use it in two ways. If I need money in that time I cash out it. Or if don't need money I invest it in  alt coin.
Well, I think it depends to the people who have bitcoin. In addition to that, if you really need the money I think you should cash out your bitcoin. I agree that if you don't need the money I think the best option to do is to invest it in any altcoin to gain some income and investing in altcoin is a good idea. Lastly, you can assure that you could earn and make good profit if you invest in altcoin.
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August 10, 2017, 03:01:52 PM
 #410

If I could wait I would wait. But if I would need money to pay bills and buy things on real life I would surely cash out it. But I believe everyone have some extra money when the month finishes, this money I would continue saving in Bitcoins and investing it online to grow my funds. After some time I would have a nice passive income boosted by the increase in BTC price. With organization we can make our money grow very well.
If you want to wait or keep it out all that the decision is on you since when money was needed and whether or not only you understand, but will it be better if I took it out wait until the price is higher than the price now because it would be profitable for you. and you can choose which needs a very necessary and just need to be alone or which is very important and yet too important so you can still collect bitcoin back more.
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August 10, 2017, 03:03:55 PM
 #411

If you really are a a newbie then you should. Just enjoy your earnings as of now because obviously in the first place you were just here to earn right? So whats the purpose of that goal if you cant use your profits
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August 11, 2017, 03:25:39 AM
 #412

If you really are a a newbie then you should. Just enjoy your earnings as of now because obviously in the first place you were just here to earn right? So whats the purpose of that goal if you cant use your profits

not just a newbie that want to cash out our bitcoin because i think many people is withdraw their bitcoin to have that money. i am sure that they really satisfied and happy because they can make money from bitcoin and also they can buy anything with that money. we all join into bitcoin industry is for making money and enjoy our money with our life.
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August 11, 2017, 03:36:17 AM
 #413

If I get payment in Btc I use it in two ways. If I need money in that time I cash out it. Or if don't need money I invest it in  alt coin.
Well, I think it depends to the people who have bitcoin. In addition to that, if you really need the money I think you should cash out your bitcoin. I agree that if you don't need the money I think the best option to do is to invest it in any altcoin to gain some income and investing in altcoin is a good idea. Lastly, you can assure that you could earn and make good profit if you invest in altcoin.
Yeah right, cashing out of bitcoin now was depend to the owner. But in my opinion I think this is the right time to sell bitcoin because value of this crypto currency now was high and we don't know how long it is. On the other side, I was not worry regarding bitcoin price due to their price was continues increasing and I think it is good.
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August 11, 2017, 04:07:35 AM
 #414

Bitcoin is proving its strong development, possibly in the future bitcoin will increase many times its present value. I advise you not to sell bitcoin at this time
It is right the in future development will occur in the increase of bitcoin price and most probably it is expected to touch the figure $5000  for one Bitcoin at the end of this year so I would suggest to keep hold now bitcoin and sell it later with high price so in this way profit will be good that time. I would prefer that if a man don’t need extremely so he should not be sold out Bitcoin and keep it for future.
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August 11, 2017, 04:15:57 AM
 #415

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

Now i am doing trading in crypto currency and also i am working on bitcoin-talk.
But whenever i get my payment in bitcoin, than i save it as it is.
The reason because i know bitcoin is more valuable than cash.
Then why i convert my bitcoin into cash. And main thing i am doing work for earn bitcoin, than why i sell by bitcoin.
If i have extra cash, then i also buy the bitcoin, because i know bitcoin give me profit than cash. 









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August 11, 2017, 05:36:31 AM
 #416

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

Now i am doing trading in crypto currency and also i am working on bitcoin-talk.
But whenever i get my payment in bitcoin, than i save it as it is.
The reason because i know bitcoin is more valuable than cash.
Then why i convert my bitcoin into cash. And main thing i am doing work for earn bitcoin, than why i sell by bitcoin.
If i have extra cash, then i also buy the bitcoin, because i know bitcoin give me profit than cash. 


For now i also do the same with you besides trading i am also active in this forum, every time i get paid i always exchange it with fiat money, I do this for the cost of my life needs. Although i know that holding bitcoin is certainly more profitable when compared with paper money. But i am grateful to be able to earn income from bitcoin even though its value is still small but very useful for my life.
tavr
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August 11, 2017, 05:54:29 AM
 #417

I think you should only cash out if you want to buy something via fiat
Singbatak
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August 11, 2017, 06:07:54 AM
 #418

If you really need an emergency withdraw it. But if not necessarily. It is best to keep your Bitcoins . because there are possibilities that bitcoin go higher by the end of the year.
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August 11, 2017, 09:01:18 AM
 #419

Bitcoin is proving its strong development, possibly in the future bitcoin will increase many times its present value. I advise you not to sell bitcoin at this time

Yes in my observation the bitcoin still going strong even after the Aug 1so it is really recommended to not to sell. Just monitor it overtime i think 1 month observation of the trend will decide if btc is strong or declining. Still today it shows average continue climbing to the top. Maybe sell it for your emergency use
Everyone seems predicting bitcoin will keep growing ,
So do i , the potential still a lot especially when people start adopting bitcoin ,
Bitcoin is a real future investment as long as you can see it forward ,
I mean just put your money in bitcoin for 10 or 20 years!
If you need to cash out your bitcoins for any certain reasons then it’s obvious that this step shall be taken in order to meet your demands.

On the other side, saving your bitcoins in the digital wallets could be considered as a wise step because they are in the pumping phase and the prices would rise to some appreciable extent in future. In my opinion you should focus on adding up to your bitcoins as it would be advantageous for you.

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August 18, 2017, 03:17:43 AM
 #420

It depends on the situation. If i have necessities that I have to buy or pay then I cash out my Bitcoin.  If there’s nothing urgent then I let it stew for a while I wait for its price to rise so I can cash out in the most optimal time with the maximum amount. I earn my money through Bitcoin so it’s not really optimal of me to wait the increasing value of cryptocurrency for a long term., especially that I needed the money constantly.
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