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Author Topic: ⛔️⛔️⛔️ Is It Time To Cash Out The Profits? ⛔️⛔️⛔️  (Read 1681 times)
bitcon
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December 11, 2017, 08:14:00 AM
 #41

Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures


Just wait a bit. Such situation on the market of crypto is not something very new. In 1-2 days we will see the rise of BTC and alts. No BTC almost 17000
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December 13, 2017, 06:37:58 AM
 #42

Its good for the crypto indstry, altcoins were declined too hell due to that price rise.
Altcoins is a very bad and alternative for bitcoins and this idea is not even applicable. Bitcoins promise a rise in your currency value and best price increase. The price drop in bitcoin value is just a seasonal trend. Because it is Christmas season and everyone is in a hurry to cash out their increased value of bitcoins. Which is not a good option.

As cashing out your investments will affect bitcoin market in a negative way. So if you are an investor, I suggest you not to cash out any bitcoin till the end of this year. And if you are not an investor, well you are spreading wrong information.
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December 13, 2017, 06:43:27 AM
 #43

Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures

No brother, no one is selling their bitcoins. The value of bitcoin is determined by investments done in bitcoin field. In 2017 alone, there was a whooping increase of 2000 percent in value of bitcoin so you can understand that how much investment is coming into the bitcoin business. It is the perfect time for new potential investors to invest in bitcoin and the people who have bitcoin already in their accounts should capitalize this time the most.

Because with more people investing in bitcoin, its value will rise more rapidly and you will profit more from bitcoins. So conclusion is that it is not a perfect time to sell bitcoins.
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December 13, 2017, 06:46:03 AM
 #44

Why do you keep creating semi-shitty topics with short, vague questions?  That's shitposter-bait right there, so be careful.

Having said that, apparently a lot of people are indeed cashing out, because we're getting a nice correction right now.  A healthy one.  A lot of noob bitcoiners freak out when there's a 20% (or more) drop over the course of 24 hours (or less), but that's business as usual in crypto.  I'm not concerned in the least, because my frame of reference is $400 for bitcoin.  Where we're at is astounding, even if we're at $13k.  That's incredible growth in a very short time span--and cashing out is normal when you make huge profits, which a lot of people have.
Another reason why people are cashing out is because its Christmas time. 
That is true.  I didn't even think of that.
I agree with you to some extent, cryptocurrency is uncertain in its value. But on the other hand when bitcoin increased manifolds in one year it is not that bad for it to even decrease a minimal of just twenty percent. But when these things happen. The people who have a very limited knowledge of bitcoin actually panic and they opt to withdraw their money out of the business.

Which is totally not a good notion for bitcoin because its value solely depends upon the investments. When investments go on decreasing, its value will decrease more rapidly. So people should not cash out on small trends and should wait for recovery.
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December 13, 2017, 06:47:17 AM
 #45

Another reason why people are cashing out is because its Christmas time.  Every body needs to buy something so they need fiat.
As far as I know March to June is the altcoin season.

Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures

Yes l can understand that it is Christmas time but people need to opt out to other things to get money instead of withdrawing their bitcoins. In this way the price and value will not change and bitcoin can retain its market share. And your point of altcoin is of no value and no future.

Because bitcoin has a very strong foundation built beneath it and it can now withstand every market drop and then recover afterwards. All investors need to do is not to withdraw their bitcoins and decrease their investments. They may take a small loan and do their work.
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December 13, 2017, 06:47:42 AM
 #46

Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures

I think many investors of bitcoin will cash out their profit coz its christmas and we need money to buy foods decoration and gifts for christmas.. This is the right time to cash out your profit..
Please do not misguide people. It is not the right time to cash out the profits, because it is the end of the year. Bitcoin is already twenty percent down. If somehow it succeeds in retaining and maybe increase its value by the end of 2017. It will create a good impression on other potential investors and they will invest more. So by not withdrawing your bitcoin.

You are playing a role in increasing its value in 2018. So as I said earlier, it is not a perfect time to withdraw your money. It is as simple to understand as you read this statement. Do not cash out!
AnonBitCoiner
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December 13, 2017, 06:58:19 AM
 #47

Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures

I think many investors of bitcoin will cash out their profit coz its christmas and we need money to buy foods decoration and gifts for christmas.. This is the right time to cash out your profit..
Please do not misguide people. It is not the right time to cash out the profits, because it is the end of the year. Bitcoin is already twenty percent down. If somehow it succeeds in retaining and maybe increase its value by the end of 2017. It will create a good impression on other potential investors and they will invest more. So by not withdrawing your bitcoin.

You are playing a role in increasing its value in 2018. So as I said earlier, it is not a perfect time to withdraw your money. It is as simple to understand as you read this statement. Do not cash out!

The price of bitcoin is raising in good manner. So you can wait until the year end,as all know the price of bitcoin will reach maximum at the year end. Even it may reach 23000$,So just wait for couple of days to cash.I suggest you ,new year starting is the right time to cash out from bitcoin.



 

 

 

 

 

 


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Ewinsane
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December 15, 2017, 10:11:17 AM
 #48

I've been steadily cashing out. It's been great I've only been a miner a little over 6 months and didn't expect these roi's  and profits for atleast another 6 months to a year.

When it peaked the other day I even pulled out the amount I had been saving up from tips and sig campaigns.
Its good for the crypto indstry, altcoins were declined too hell due to that price rise.

I've noticed coins like LTC hit a nice little bump, I bought one a few days back and sold it today.

Just the natural order buy something on a dip, and when things perk up let'er  rip... to get poetic.
Bitcoin is the best cryptocurrency on the globe. It has proved to be historical in its value. There is not any currency that can replace bitcoin. So do not bother if you are a bitcoin investor. It will recover and will be blooming again in some months to come. Bitcoin is bound to success.

So not waste your money in other currency and opt for the best. And never be afraid of the little trends. Bitcoin showed great success in the year 2017. And it will flourish with more time. So wait and watch. You can invest more now to get more profit. And never opt other crypto other than bitcoins.
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December 15, 2017, 10:23:01 AM
 #49

I've been steadily cashing out. It's been great I've only been a miner a little over 6 months and didn't expect these roi's  and profits for atleast another 6 months to a year.

When it peaked the other day I even pulled out the amount I had been saving up from tips and sig campaigns.
Its good for the crypto indstry, altcoins were declined too hell due to that price rise.

I've noticed coins like LTC hit a nice little bump, I bought one a few days back and sold it today.

Just the natural order buy something on a dip, and when things perk up let'er  rip... to get poetic.
Bitcoin is the best cryptocurrency on the globe. It has proved to be historical in its value. There is not any currency that can replace bitcoin. So do not bother if you are a bitcoin investor. It will recover and will be blooming again in some months to come. Bitcoin is bound to success.

So not waste your money in other currency and opt for the best. And never be afraid of the little trends. Bitcoin showed great success in the year 2017. And it will flourish with more time. So wait and watch. You can invest more now to get more profit. And never opt other crypto other than bitcoins.
All that has been getting into existence with the name as bitcoin is the derivatives. They're not gonna do anything with the growth of bitcoin. Maybe this will give user the opportunity to sell and buy when the price gets lower around when the price fluctuates.

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shesheboy
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December 15, 2017, 10:27:45 AM
 #50

Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures

No brother, no one is selling their bitcoins. The value of bitcoin is determined by investments done in bitcoin field. In 2017 alone, there was a whooping increase of 2000 percent in value of bitcoin so you can understand that how much investment is coming into the bitcoin business. It is the perfect time for new potential investors to invest in bitcoin and the people who have bitcoin already in their accounts should capitalize this time the most.

Because with more people investing in bitcoin, its value will rise more rapidly and you will profit more from bitcoins. So conclusion is that it is not a perfect time to sell bitcoins.


no brother , everyone (including me) are now selling thier bitcoins because we think that this is the verry right time to sell them thinking that the current value of bitcoin is now on its full peak therefor much better if we can just secure it now to avoid further problems.

Quote
The value of bitcoin is determined by investments
no, the value of bitcoin is not determined that way rather it is determined on the current supply and demand. this is the real factor why bitcoin can decrease or increase.

@op the price of bitcoin is not decreasing , instead it is still increasing overtime and sooner or later it is ready again to reach its new all time high, that is why you can always decide whether you should hold still or not because some us are already dispose our hard earned bitcoins.
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December 15, 2017, 10:42:46 AM
 #51

Even if you wanted to sell you're gonna have a pretty hard time cashing out.
Just look how many issues all the exchanges are having!
I see complaints everywhere of people not being able to withdraw for over about 2 weeks in worst case.
No reply to support tickets, sites going down on a daily basis and so on.
So either you have a reasonable amount of coins which you may be able to sell on the OTC markets, or you gonna have to deal with the same issues as the plebs have to. That's the actual situation.
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December 15, 2017, 10:56:55 AM
 #52

You better cash convert your alts to btc either at whatever profit you have gotten so far, or at least at a break even point, (the point at which you neither get a loss nor a profit aka the initial investment price). If it's at a loss in terms of btc and a profit in terms of USD, well you know what do do then. You can always chose to reinvest and trade again if you're worried bout that.

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December 15, 2017, 11:25:27 AM
 #53

it seems that many think to hold their bitcoin, so the price becomes very expensive and the impact of the adoption of large companies, and for this we will certainly continue to see bitcoin prices go up even though there is a time btc begins to fall and will rise again
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December 16, 2017, 07:26:38 AM
 #54

I think the people prefer to hold their coin and waiting the price increase again.. bitcoin still in the high price, don't worry too much.. but if someone need cash, no problem for them to cash out the profit.. everyone has their choice..
Holding bitcoin for a little longer period of time is not greedy at all. Everyone knows it has become a business. So business is directly related with your ideas and long term plans. So what’s greedy in that? Microsoft gets richer everyday. So is bill gates greedy? Business is all about money. So that should be it.

If bitcoin increases in value everyday shouldn’t they be happy and be ready to invest more in bitcoin? So you should also invest more other than cashing out your profit. And hope for it to increase more in value. Who knows you may have more money in two years than you ever imagined! So be careful before making any decision.
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December 16, 2017, 07:28:04 AM
 #55

Another reason why people are cashing out is because its Christmas time.  Every body needs to buy something so they need fiat.
As far as I know March to June is the altcoin season.

Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures


I agree with you, i think that's the reason why they cashing out their bitcoin ( like you said. ) And that's the number one reason why the value of bitcoin dicrease. Anyways, for me i don't want to cashout or sell my bitcoin because i know the price is going back after this coming fork.
Yes it is Christmas time but people need to opt out to other things to get money instead of withdrawing their bitcoins. In this way the price and value will not change and bitcoin can retain its market share. And your point of altcoin is of no value and no future. Because bitcoin has a very strong foundation built beneath it and it can now withstand every market drop and then recover afterwards.

All investors need to do is not to withdraw their bitcoins and decrease their investments. They may take a small loan and do their work. So be careful when casing out.
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December 16, 2017, 09:51:10 AM
 #56

Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures


if every one sell who will buy ?

possible to make small correction like what happen daily for chart in some days people buy more and others selling more #rising and doping #

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December 16, 2017, 09:56:09 AM
 #57

Do you really think anyone here can predict it? I seriously can't. These crypto makets are becoming heck of unpredictable. We see new booms and new corrections each and every day. Its becoming difficult even for traders. so its better to cash out profits whenever you get a chance to do so.
Come on, you should never be afraid of some trends in the market. I agree that cryptocurrency is a gamble but if you carefully look at last year, what you may see is only a huge rise in value of bitcoin. I personally hope that bitcoin will again rise even with more bloom in its value. So be careful when cashing out your profits without any strange reason.

Because one wrong decision and you are out of the money train. It is as simple to understand as you read this statement. So as I said earlier. Be care with your decisions! It may have a negative impact on your life.
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December 16, 2017, 12:23:10 PM
 #58

This time is not the right time to cash out but wait and be patience a little as we expect the price to hit $25,000 before we can see a major corrections or bearish market. Bitcoin has been doing well since you open this thread and we expect this strong bullish dispose to continue until end of this year. I have thought that we have a fruitful 2017 in cryptocurrency holding.
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December 16, 2017, 01:13:44 PM
 #59

Hold on, the price is still rising and another all-time high is broken. This continued uptrend indicates that it yet the right time to take profit as the price might still go beyond. It might take a week before another correction take place.
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December 16, 2017, 01:16:34 PM
 #60

I would strongly suggest you to hold your investments till 2020. It is still not popular in the world and after become popular day by day, the price will go higher.
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