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Author Topic: what is the right time to cash out?  (Read 3877 times)
shezu007
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December 05, 2017, 06:56:46 AM
 #201

Normally you can cash out at any time your bitcoin but if you are asking about the right time then i will suggest you to wait more and more till the rate cross 25K$ because the rate is still low and is increasing very quickly but if you need urgent payment then for you the 31 Dec is the right time to cash out your bitcoin.
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Nariza
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December 05, 2017, 06:57:13 AM
 #202

For me, the right time to cash out is you will wait until the value of coins increases..if the price goes high, much more profit.

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December 05, 2017, 12:00:55 PM
 #203

That would be in some time for me maybe, been foolish back when I sold almost everything now im waiting and hopping to cash out when I see fit for this.
Maybe best option is to wait and sell maybe in year or two.



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December 05, 2017, 12:09:18 PM
 #204

For me, the right time to cash out is you will wait until the value of coins increases..if the price goes high, much more profit.

This is truly right, but for me, it depends to cash out.  Incase of emergency thats the time to have my earnings, but as long as no emergencies i wait for the currency to increase until i reach my desired amount, there i cash out.
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December 05, 2017, 12:26:04 PM
 #205

I was so nervous that when bitcoin price dropped to 6000$ I was scared to loose more and withdrew my coins only to regret later that it became 8000$.
Please help me with your advice /opinion.

That was huge mistake but its ok. But now onward you will not repeat it. If bitcoin is dropping its price doesn't mean it will not recover .It will recover for sure not quickly. It will take some time but it will surely get back to track. You have to be calm and wait for it .As you look at the bitcoin graph its increasing its value. If you dnt need money then dnt cash out it ,keep it .It will surely give you profit. Smiley
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December 05, 2017, 01:33:56 PM
 #206

I was so nervous that when bitcoin price dropped to 6000$ I was scared to loose more and withdrew my coins only to regret later that it became 8000$.
Please help me with your advice /opinion.

When it comes to cashing out my bitcoin or whatever coin I had, the first thing that comes to my mind is always how much do I need and how bad do I need it. The thing is whenever we cash out coin and get a lot of money that is beyond our means, it just goes to waste. Why not just cash out what is needed and leave the rest for holding, that way when the price becomes higher you'll still have some.
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December 05, 2017, 01:43:14 PM
 #207

The right time to cash out if cashing out is  your objective is when you reach your target price! Before you start to invest you must have had a price in mind! The price you have in mind is your ultimate profit!  I there should not be any regret if you sell at that price!
dmamigo
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December 05, 2017, 05:52:49 PM
 #208

Cashout immediately after receiving  if you get BTC or any Altcoins through selling any products and service, as its not an investment, capital is required to continue the flow of product. This is basically if you use it as currency.

But mostly people now use it as investment, then its better to sell when you reach your profit milestone, or even you can wait more by setting new milestone. Actually Cashing out depends on your requirements. If you are in profit you can surely cashout if needed urgently, if in loss hold it more if and only if there is no urgency or alternative methods to fulfill your needs.

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December 08, 2017, 02:31:47 AM
 #209

That is clear mistake because you were afraid to losing your bitcoin. Being trading is very risky. why you do not think it's a good opportunity when the value price become low, because you can buy bitcoin at low price then you just have to wait to increase the bitcoin's value price so you can sell it at high value.l, so you can earn some bitcoin.
I think it is the time of buying more and more bitcoins and in future if you can understand that now you have earn more profit by selling your bitcoins then you can cash out but rememeber in future it is more expected that world will accepting bitcoin for payment and when its started then no one can need to cash out bitcoins because they will be can pay in BTC.
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December 08, 2017, 02:51:24 AM
 #210

When you already earned a big amuint for your investment.
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December 08, 2017, 03:04:26 AM
 #211

haha, when trading, if you are always scared, you can not give the right decision. I hope that you have not sold at $6000 because Bitcoin now has climbed to over $18000

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December 08, 2017, 03:51:13 AM
 #212

as soon as you think you have earn a lot money from it, you should think that is a good time to cash out, because we all know bitcoin is gonna drop one day in not far future, we can only sell when it reach our target and never be too greedy now, it may make you loose money.

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December 08, 2017, 05:18:51 AM
 #213

When you already earned a big amuint for your investment.
That isn't really a reason for you to cash out because you won't really know if you already earned that "big amount". Bitcoin's price is still increasing. So your best option is to just hold it. Don't pay attention to the constant pumps and dumps, just focus on what can happen in the long run.
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December 08, 2017, 05:52:16 AM
 #214

I was so nervous that when bitcoin price dropped to 6000$ I was scared to loose more and withdrew my coins only to regret later that it became 8000$.
Please help me with your advice /opinion.
If you were nervous and hesitating to withdraw then don't withdraw your money because bitcoin price is now increasing so that soon you will get a high profit. The better option for now is to hold and it might become more higher compared before. Even though it is in your wallet it will still gain profit.

 
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chilling888
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December 08, 2017, 06:06:40 AM
 #215

Normally you can cash out at any time your bitcoin but if you are asking about the right time then i will suggest you to wait more and more till the rate cross 25K$ because the rate is still low and is increasing very quickly but if you need urgent payment then for you the 31 Dec is the right time to cash out your bitcoin.

You cash out when you make profit bro, as simple as that  Smiley
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December 08, 2017, 08:42:13 AM
 #216

I was so nervous that when bitcoin price dropped to 6000$ I was scared to loose more and withdrew my coins only to regret later that it became 8000$.
Please help me with your advice /opinion.

If l have a lot of bitcoin l will hold it and wait for $50000 dollars l think that's enough for me. But the bitcoiner saver will hold it until price of bitcoin for them is enough. Bitcoin holders have the very big chance to multiply more their money. It's important to monitor their coins so that if they see them.Although bitcoin going Down, nothing to worry because price is easily going up..The right time to cash out is depend on you if you want the price already. We have the free will when to sold or to dispose your bitcoin.

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December 08, 2017, 09:15:42 AM
 #217

For me,  the right time to cash out is when you think that it's okay to cash out when it is high value. Your only enemy in cashing out is yourself,  because if you  cash out early you will be disappointed because it's value is low and if you cash out late you will also be disappointed because the value also is low than the past. So,  i recommend you to trust your gut feel and accept the reality of your decision.
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December 08, 2017, 11:01:08 AM
 #218

I was so nervous that when bitcoin price dropped to 6000$ I was scared to loose more and withdrew my coins only to regret later that it became 8000$.
Please help me with your advice /opinion.

For me, the right time to cash out has always been when the price of the coin we want to cash out is really high, thereby making us earn more than the capital we spent from buying it. I think this is the most common and absolute law in coins.

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December 08, 2017, 12:51:09 PM
 #219

Generaly the best time to cash out is when the prices are on the top. In that time you can make the biggest win of money. But these days to predict the right time to cash out is very hard, because the prices are making crazy pics and you do not know when to sell and when to hold.

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December 08, 2017, 01:01:34 PM
 #220

It happens when you're in a market which is very volatile and bitcoin haters play their part as well so I think it's normal but I do cashout my bitcoin when I need money for my personal expenses. If you get panic when bitcoin price drops then cashout some percentage of your bitcoins after bitcoin reach new all time high. This will save you some money.
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