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Author Topic: Should I cash out my BTC now?  (Read 19799 times)
Pepito Manaloto
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August 19, 2017, 07:15:47 AM
 #501

If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
It is much better for you to observe the volatility of Bitcoin at this moment wherein, its market value is high. If you're satisfied on its current price and you are not fond of waiting for a bit longer, it is okay especially if you'll earn profit for its price at this point. But if you are not yet satisfied and would like to make a bit bigger profit, you should wait. Because no one knows when will dumps occur and how big will be the pump after that.

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vatanen
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August 19, 2017, 07:22:17 AM
 #502

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

If you are good in your profit then you can cash out your bitcoin and buy on dip. But if you are a bulliever of bitcoin you just hold so you will not miss the train to moon. Bitcoin price this stage is undervalued so I guess bitcoin's price will go more higher.
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August 19, 2017, 07:52:18 AM
 #503

If you are in doubt, you can sell a part when the current price of bitcoin is already quite high. I also did the same thing. just sold a part and if prices fall I'll buy it again.
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August 19, 2017, 08:13:05 AM
 #504

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

At now is Dumping time. You can wait some times for again pumping. Within one month Bitcoin will $5k definitely. Then you can make it cash.
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August 19, 2017, 09:18:52 AM
 #505

If you are in doubt, you can sell a part when the current price of bitcoin is already quite high. I also did the same thing. just sold a part and if prices fall I'll buy it again.

Yeah maybe you have to ride the setuations right now if you have a big amount of bitcoins just ride pump and dump of bitcoins buy when the price is low and sell when the price got high just keep repeat this as always

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August 19, 2017, 09:31:40 AM
 #506

If you are in doubt, you can sell a part when the current price of bitcoin is already quite high. I also did the same thing. just sold a part and if prices fall I'll buy it again.

This is a great suggestion, you dont have to sell all. Try parts 50 50 or maybe larger part for where you feel.. That way you wont need to worry that much.
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August 19, 2017, 09:36:51 AM
 #507

If you are in doubt, you can sell a part when the current price of bitcoin is already quite high. I also did the same thing. just sold a part and if prices fall I'll buy it again.

This is a great suggestion, you dont have to sell all. Try parts 50 50 or maybe larger part for where you feel.. That way you wont need to worry that much.
That's the strategy at least even it increase more there are still some part tgat left on you that can still increase. Theres no need to sell all, it can be partial so we can still do activities like trading and investing.

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August 19, 2017, 09:38:37 AM
 #508

If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
Its better to hold than ro cash it out men. Bitcoin price right now was freaking high and that its a good news for us holders because out bitcoin will increase to.

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August 19, 2017, 09:46:32 AM
 #509

To sell bitcoin at the peak of its fall is a bad idea. Now we have to wait. If we see such a steady drop in it means that before the start of expansion was not a long time. I think that in the end of next week we will see $ 5,000.
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August 19, 2017, 09:52:18 AM
 #510

It's up to you! If you bought your Bitcoin before with a cheaper price and you think that you already have some profit right now, you can sell it. But if you are willing to take more risk and wait for a few more weeks or months, just hold your Bitcoin and wait if the price will increase more.
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August 19, 2017, 10:00:19 AM
 #511

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


hello hassanabid,

Very many threads like this, you should be able to determine your own decision, do not depend on this forum, because no one knows about the future. But I think if I were you I would hold the btc for the future, because I'm sure btc will keep going up

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August 19, 2017, 10:09:34 AM
 #512

It depends on you, this is my opinion if I have the need for cash then I will make my btc cash but if there is no need then btc I will invest and wait price up and sell it. What I often do is half of my btc will make money and the other half I keep waiting for price increases.  Grin
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August 19, 2017, 10:26:22 AM
 #513

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.

Hahaha, nice suggestion. Quick and simple.

It all depends on the amount of Bitcoins you buy and the price when you buy it. I guess.
But research and read is rule number one.
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August 19, 2017, 10:36:07 AM
 #514

The current decrease of bitcoin in preev has been below $ 4000, and possibly continued to decline. But I'll just hold the bitcoin I have, and I'm sure that bitcoin prices will soon rise.

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August 19, 2017, 11:06:07 AM
 #515

It's depend upon on you, but if you're going to ask me i suggest that you should hold it. But if you really need a money don't hesitate to cash out it, but not the whole btc maybe a little, just enough to fulfill your needs.

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August 19, 2017, 11:27:38 AM
 #516

If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
Of course I have to wait for it to get doubled or even have profits on it. But if I have something to spend with it then I will cash it out. Much better to just hold it for a better profit. You can hold it like three to five years from now and realize that you made a right decision. But yeah it always depends on how we keep our money most especially if we need it most then we have to withdraw our funds but if we have money for everyday use and we don't need it now then I think we just leave our BTC in wallet and let it grow as simple as that.



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August 19, 2017, 11:37:40 AM
 #517

this is personal issue I thing but I am trying to increasing my btc.becouse I know that next future its price going to be so high.
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August 19, 2017, 11:50:25 AM
 #518

It's depend upon on you, but if you're going to ask me i suggest that you should hold it. But if you really need a money don't hesitate to cash out it, but not the whole btc maybe a little, just enough to fulfill your needs.
Well this is the strategy I use Bitcoin until today, just sell my Bitcoin to FIAT when I have emergency situation need money in that time. Left, most of the time I keep Bitcoin and find the way helps my Bitcoin balance can increasing.

Just Nao Tomori and Bitcoin ( ͡° ͜ʖ ͡°)
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August 19, 2017, 11:54:55 AM
 #519

Its up to you if you want to cash out your btc. But for me saving bitcoin is much better then wait for the biggest bitcoin price . its okay to cash out your bitcoin if you have an emergency financial like paying bills etc.
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August 19, 2017, 11:56:37 AM
 #520

No, I will hold my bitcoin. Bitcoin's value fluctuates every time but it always result in an increase in value. If you cash out your bitcoin now and sooner or later bitcoin's value increases, for sure you will regret your decision. Think wisely.
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