Should I cash out my BTC now?

[megynacuna]

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.

That's correct, it's relative and everyone has a pressing need at any moment in time and it is our individual pressing needs that makes us decide to either sell or hold and so I agree you have to instinctively consider yourself and your wallet balance and decide what to do. I likewise don't have plans of selling my tokens any time soon.

[Eugenar]

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

I will wait for its price to increase before selling it. Even if backdrop takes place I will not sell it because dips happens a lot. Most of the users here knows that dumps are part of Bitcoin's volatility that there'll times that its price will be low and also, there are times that its market value is high. It is better to patiently wait until its price increase thatn to sell it early and regret it pumps eventually happen.

[wellsontheja]

If i'm yours i will wait a good moment

The good moment i say is like when the bitcoin price was Go up pretty well from the starting price when you save it

Or when you buy something and you really need that and you don't have cash
That's a good condition for cashout bitcoin i think

[DU18]

I dont think it will be a wise decision to cashout bitcoin because bitcoins price is rising day by day.And at the end of this year BTC price will hit 6000$.So if you store bitcoin now,at the end of this year you can get huge profit.So, I dont think it will be a wise decision to cashout now.

[no0dlepunk]

If you have a job that pays good, I don't think you have a reason to cashout your bitcoins. It also depends on the amount of bitcoins that we are talking about here... if that is at least 0.5 bitcoins then you might wanna HODL for the next 2 years. I don't think it will make sense to cashout your bitcoins today and then buy in the future specially when the price is doubled or tripled already and then your goal is to wait until it becomes millions of your fiat's worth.

[fredrickodo]

Resaerch has shown that in investmen, investors cashing out their yeild is 98% appropriate when the profit is high than hoping for uncertinty.
You can cash out some of your investement and leave others for future purposes.

[Webetcoins]

its depend to you if you want cash out your bitcoin for needs, if you can't wait the high value of bitcoin price, to me not cashing out my bitcoin because contnue increasing the price value in the cryptocurrency world and i think now is time to keep bitcoin for savings,

the price of the bitcoin is very high today than the past few years the price depends on the market value and the  number of the people that are using bitcoin when the people will start using bitcoin it will increase the importance of the bitcoin so saving bitcoin for long time will make you earn more money because today the chance of the bitcoin price increasing is more than before so keep your bitcoin save and if you want you can spend some for your daily need butt don’t sell all of them at one time.

[Hazaki]

Nope , never ever cash out now ,unless you're really in need of money .
Just keep them , they'll grow ! Like magic  !

[buyinbtc]

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

It would depend if i would need money asap at that moment or not. If i would then i probably would sell one bitcoin, but otherwise i would avoid doing that. I think it's pointless to sell them now when their price will rise in future... So why lose potential money if you wait few months or even year.

[Quidat]

Nope , never ever cash out now ,unless you're really in need of money .
Just keep them , they'll grow ! Like magic  !

This is what im doing now.I do make hold of my bitcoin on my cold wallet and if i dont need money its not really necessary to withdraw them unless if needed. They do really grow everytime knowing that the price of bitcoin is volatile and prices would really go up and down and this is the beauty of holding it. For now on those people who did buy on cheap prices back on July maybe they can sell their coins as of now.

[suvo05]

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

If my payments were in btc then for my daily needs I would cash out some of those but for the remaining parts I would left them untouched.

[swiftbits]

It's your choice! I suggest to hold them for long but if you're in need of money then sell it
I'm always in need of money that why I have a habit of selling the bitcoin I received after a day, atleast I still have it in fix price, I don;t have to worry if it will dump the other week.

[rikybrosh]

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

If my payments were in btc then for my daily needs I would cash out some of those but for the remaining parts I would left them untouched.

That's wise decision, bitcoin adoption is keep increasing so there are big chance for bitcoin price rising.  Even small amount, that will be worth in the future.

[r0ach]

That's the question in any damn investment... When to cash it out.  The best way to figure out that bastard of a choice is to ask yourself "Am I cashing out to put this in something that will give me an even better opportunity"...  Realistically , when you make a decision to liquidate something you are essentially believing that whatever you are switching to is a better investment.  We were raised on fiat and hence always gravitate to it for safety and comfort.... The answer to your question is you just don't fucking know...... Hindsight is 20/20

[FabulousZombie]

In my opinion and only i would keep most of them but just cash out 30% . but it clearly depends on you.. 

[jeraldskie11]

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

Don't cashout your all bitcoin now because the price of bitcoin is still increasing its price. Look at the prices of bitcoin between 3 months before, there is a big differences of its prices. So you should still hold your current bitcoin now because there is increasing of prices.

[eaLiTy]

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.

If you invested in bitcoin for the long term then there is no need for a panic,but if you watch the graph carefully you will understand how the price moves and usually it would end up hitting a resistance point and if you could see that the market goes down,you could book your profit and enter back when the price goes down.

[Theb]

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.

If you invested in bitcoin for the long term then there is no need for a panic,but if you watch the graph carefully you will understand how the price moves and usually it would end up hitting a resistance point and if you could see that the market goes down,you could book your profit and enter back when the price goes down.

Selling now and buying at a lower price does not necessarily mean "panic" for traders they are basically taking advantage of the situation and they gain profit at the event. Selling at a higher price compared to when they bought it and buying it at a lower price seems to be the perfect trade for any trader. That is why they are called traders in the first place they are totally different people from investors in which they buy and hold assets in the long term to make profit out of it.

[surix]

It depends really on your cost: I understand from your post that you received some earning in BTC, if you can pay the cost with fiat then I would recommend to keep BTC as it is; If not I would only cash out the part to cover the cost and keep the rest for 1~2 years at least.

[raven7886]

As of now we can see how bitcoin is getting higher every now and then, so I guess if there is nothing to do with your money better just keep it to your wallet and see how it is earning its profits. This time is the best to hold on bitcoin. But still it is your choice, this is for us not to blame others if you failed to earn profit into it because we do not know yet, crashing might come or not, it is just a big risk.

Actually I think, if OP has some real needs to fulfill or debts to clear, it is good to cash out the required amount of BTCs. If there is no such necessity, then it is best to stick onto bitcoins because I am damn sure the prices will still rise, at least before the beginning of new year. Opposite can also happen but at the moment no signs of that happening.