Should You or Should You Not Cash in On Your TIOs?If you have bought TIOs, you are probably thinking that soon you should sell. It’s a tough call to make; should you sell some and reap the current benefits, or should you hold on to them for a bit longer, hoping that the allegations of the price rising are completely true.
Experts have noted that it is a good option to sell between 20% and 50% of your cryptos; if you are looking for a less-risky option. But if you are not in a hurry, then there is no reason to rush in selling your TIOs right away. With the market on the rise, chances are that the value will heighten, giving you more out of your investment when the optimum time comes to start selling.
Let’s take the renowned bitcoin for example. If bitcoin owners had opted for selling back in 2014, they would have certainly been kicking themselves today. Of course, we can never know how the tables will turn in the crypto world; but with the ever-evolving acceptance of technology and new forms of payment – it looks like it is a “trend” here to stay, and only rise in value.
So, should you cash in on some of your digital currencies right away, or should you leave it where it is and potentially earn a lot more than you have today?
Some cryptocurrency experts recommend cashing in a portion of your bitcoin now, especially if you're risk-averse or have pressing financial needs. If your risk is of low tolerance, then possibly it is wise to sell a small portion, and keep the rest in your virtual wallet, and see where the wind blows.
It all comes down to your personal preference, risk level and financial background. If you do not have something, such as a house, a car, or some other sort of big investment that you need to deal with, then we say, ‘hold out and see where the markets go – it would certainly be worth your time, and money.’
https://medium.com/@trade.io/should-you-or-should-you-not-cash-in-on-your-tios-722559572f94
