Should I cash out my BTC now?

[Magic Sarap]

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

At this point wherein the prixe of Bitcoin is still high and a hardfork is issued, I will cash it out now. No one knows if the hard fork will be in favor for Bitcoin, and after continuous pumps lately, continuous dumps are now occuring. So if you don't want to take the risk in the hardfork and you are satisfied with its current market value, I think it is okay to sell it now.

[1713253883]

1713253883

[maokoto]

I think it all comes down to whether you need the money inmediately or not, or whether you want to try to trade for profit or not.

If you do not need the money and do not want to try trading, hold. It will go higher on the long term.

If you either need the money or want to try to sell now and buy lower, then sell. Seems it is going down in the very short term at least.

[wearepoor]

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.

I would also suggest you to hold the bitcoins if you don't have any emergency like situation or if you are not dependent on these bitcoins for living. Try to hold it for few months as there are maximum chances of further increase in the price of the bitcoins.

[RawDog]

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.

You would have tripled your net worth if you took BCH instead.  Sorry for your loss.

[bitcoinmasterlord]

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.

I would also suggest you to hold the bitcoins if you don't have any emergency like situation or if you are not dependent on these bitcoins for living. Try to hold it for few months as there are maximum chances of further increase in the price of the bitcoins.

Yes the future of the bitcoin is we can not imagine the price may go very high. So don't sell your coins for a silly reason. Save coins how much you can possible and definitely, it will make you rich in future. I am also saving my coins, and also I am buying some altcoins this is also worth for long term investment. Just depending on Bitcoin is not safe.

[Fafabol]

It all depends on your own preference.
If you really needed the money then dont hesitate to cash out. But if doesn't necessary to cash out then just hold it, as the rally is not yet over. I know everybody watch where will bitcoin take us.

[rakib97]

bitcoin price regularly increase so i tell don't cash out. if you need money you can cash out 40% of your pament. then you can hold or trade and you can growth your money. other you buy some alt coin.

[nellz]

bitcoin has it own game. if you'd ask me, I'll say wait for the value of bitcoin to increase rather than cash out now. Don't make the same mistake that I did last week where I sold my bitcoin because I thought it's price would still go down then I'll buy bitcoin again to make some profit but I was wrong! As soon as I sold them, the price started to increase so I can't convert my money back to bitcoin again. I'd suggest that you should hold your bitcoin if you don't have anything to use that for. better make more bitcoin and hold it then selling it now.

[jovs]

It totally depends on yourself.
I invest all my bitcoins in trading and investing them on yobit. I get a good profit there. I find investing them instead of cashoing them out. The use of your bitcoins totally depends on you. You can do trading with them or start investing them. I would prefer you to start trading with some good knowledge and skills with your bitcoins for some good profit.

It is true that the decision will still remains to you depending on your point of view in regards to bitcoin system. Because for me if you are going to tell me to cash out my bitcoin i will sure disagree as a form of my trading and investments where there is a lot of opportunity it can give to me to earn more and to have a bigger profit on the future. So if you are setting to used bitcoin in a form of trading or investment it much better if you will take a portion of it a part of your needs but still have a portion for you to used as a capital for your tradings and investment.

[Kousei23]

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

For me it's a no because there's no reason for you to cash out all of your btc. Do you afraid of the segwit again? For me I always pray that it will not happen just like the last time. It didn't continue. Learn to strategize. Don't let your fear of the segwit makes you to cash out all your brc cause it is not a good idea.

[bustoking]

this will depend on individual. If u need cash urgently, cash it out. If not, this will be a good investment for the future

[Savemore]

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

If I were you I will not yet cash out my btc because holding btc is really effective way to double or even triple our money. We should have a lot of patience and use the HODL technique.

[CarnagexD]

If you have immediate need, sell it now while the price is still above 2k. Otherwise, my advice is you to hodl and wait for the effect of segwit. Most people here are predicting that the price will surge after segwit activation, it might happen. The price may drop a few hundred dollars more because of fud in route to august 1 though.

You could actually cash out your bitcoin anytime you want. But it is best to consider holding it more than preferring to convert it early specifically on unnecessary things that you may do. But if it is highly needed and it is emergency why not start on converting and cash it out. It is better if all of us would likely to set goals for us to earn more and make profit out of our Bitcoin that may experience percentage of profit a part to bitcoins development.

[conected]

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.

I would also suggest you to hold the bitcoins if you don't have any emergency like situation or if you are not dependent on these bitcoins for living. Try to hold it for few months as there are maximum chances of further increase in the price of the bitcoins.

Yes the future of the bitcoin is we can not imagine the price may go very high. So don't sell your coins for a silly reason. Save coins how much you can possible and definitely, it will make you rich in future. I am also saving my coins, and also I am buying some altcoins this is also worth for long term investment. Just depending on Bitcoin is not safe.

- Saving is the best way for us to make more money in the future or we can use bitcoin to invest and develop our bitcoin, that helps us to be richer and richer in the future. Investing bitcoin is the investment for the future, so we should not sell our bitcoin, sell bitcoin just as we sell our futures, and I think we would not be foolish to do that unless we face a real emergency

[Lmaooo]

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

If you are a Bitcoin trader you should cash out because we're in panic period and buy later. But if you're saving your bitcoin as a long time asset then don't cash out now because bitcoin will surely appreciate.

[jamirrah]

You should always use your own instinct if you need to decide whether to cash out or not. I personally dont have plan to cash out btc by now or even after few months because I believe that btc price will continue to go up.

[FasTroy]

You should always use your own instinct if you need to decide whether to cash out or not. I personally dont have plan to cash out btc by now or even after few months because I believe that btc price will continue to go up.

I agree with you, people should decide if they want to cash out their bitcoins or no, you can advise him about that but each one have his opinion.
Personally, I don't like to cashout my bitcoin, because I believe that when i do that i will regrets too much, because now, I know that bitcoin price will increase too much in the future, and maybe when i do that, I will loss too much.

I think bitcoin is more valuable than use it, I mean do a cashout. You can use your money to buy anything you want, but when we talk about bitcoin, saving it is the best option.

[matanglawin]

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

Its price at this moment is still high. I think ist is okay to cash it out now if you want to assure that you'll earn big amount of money. But if you want to somehow make a risk of making it even bigger, it's your choice to wait for a litter more. It is issued that there'll be a hardfork in November if I'm not mistaken, and the result is hard to tell if it will affect Bitcoin the same with the fork last Aug 1.

[bitbob82]

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

Its price at this moment is still high. I think ist is okay to cash it out now if you want to assure that you'll earn big amount of money. But if you want to somehow make a risk of making it even bigger, it's your choice to wait for a litter more. It is issued that there'll be a hardfork in November if I'm not mistaken, and the result is hard to tell if it will affect Bitcoin the same with the fork last Aug 1.

yes that is right that bitcoin price is still too much high but I think it is still increasing therefore I think we should hold it for next few months. although currently bitcoin is taking correction but still investors are confident and therefore they are not yet selling their bitcoin and are holding it for next some moe time.

[cpfreeplz]

You should always use your own instinct if you need to decide whether to cash out or not. I personally dont have plan to cash out btc by now or even after few months because I believe that btc price will continue to go up.

I should use instinct? What the hell? My instinct is to not stare at the sun and to spread my seed across the land. I don't see how that is supposed to translate to when you sell your cryptocurrencies.

Sell when you need it. Don't be greedy if you don't need to be. If we've at an ATH and you'll need money in a few weeks, withdraw some.