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sqcrypto (OP)
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December 20, 2017, 04:32:17 PM
 #1
In everyone’s opinion, when do you think the best time would be to “cash in” on your bitcoins? There’s been a lot of talk of bitcoin about to rapidly drop (although I haven’t seen this “drop” yet). Should we play it safe and move over to alt coins?
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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mobnepal
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December 20, 2017, 04:59:12 PM
 #2
If you only have bitcoin right now than diversify your investment and invest in multiple other coins to distribute your risk of losing all with bitcoin. Bitcoin is going through correction which is actually fueled by bitcoin cash supporters. But sooner or later bitcoin will start to pump again, than all those fuders who claims that bitcoin will drop soon or it will fail completely will stop spreading such fuds.
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December 20, 2017, 05:20:38 PM
 #3
only convert to fiat to buy something, car, house, or clothes. otherwise you are just holding fiat that loses value.
Enjoy your life, one day at a time. Bitcoin Address: 1HrWs3tDzWr13zocV3qP9ENRLgiDuewtsu
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December 20, 2017, 07:17:19 PM
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Quote from: sqcrypto on December 20, 2017, 04:32:17 PM
In everyone’s opinion, when do you think the best time would be to “cash in” on your bitcoins? There’s been a lot of talk of bitcoin about to rapidly drop (although I haven’t seen this “drop” yet). Should we play it safe and move over to alt coins?
If you really believe/afraid of price drop then sell your bitcoins(only few though) and or invest in altcoins( alts price might "drop" too with bitcoin price drop Tongue).one should always have a diversified portfolio.
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December 20, 2017, 07:21:36 PM
 #5
The answer is to always hodl. Do not sell now, the price may have gone down but it will eventually pick back up, and you will end up regretting that you sold this early, when the price goes back up.
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December 20, 2017, 07:25:02 PM
 #6
There will be some correction in the value of the bitcoins but there is no need to worry as the price will be recovered soon. If you wish to book more profit in the future then it is the best time to hold the coins as price will be increased rapidly in the coming months.
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December 20, 2017, 07:38:42 PM
 #7
Well, many major players are supporting Bitcoin cash over bitcoin. Now, currently there is no FUD of Bitcoin Cash being real bitcoin. Yet, due to just some speculation price of BCH is near 4k. Bitcoin might fail in future, but in near future it will only rise. If you really want to sell, then buy other coins when BTC is mooning.
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