A L I E N
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Activity: 1358
Merit: 1000
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April 11, 2019, 04:07:57 PM |
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For those who buy from October to December 2018, they get a profit of more than 50%, then cash out can be a profitable option, but I will hold it because I'm sure prices will continue to rise.
Right - everything depends on the time, where the person bought cryptocurrency. If you think that you have already made enough profit and want to get it, cash out. I am going to hold. |
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EdenHazard
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Activity: 2674
Merit: 1048
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April 11, 2019, 04:21:21 PM |
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I think being patient and waiting is better, a very large daily transaction volume is a positive sign that the market will improve, and this is what makes me optimistic about continuing to buy.
And your decision is late, why you buy some coins now? Where are you when the price in a lower then now? You will have a thought that however the price up then sooner or later the price will goes up again and you forget the price it can be drop again. Actually that is not wrong but you bet your petience here. I often see when someone get a loss then they won't have a patience to wait the price recover, just decide to sell and leave it. That is not good for your experience, you will the same thing later. |
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mace15
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April 16, 2019, 02:21:29 PM |
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Well, if you are in profit and you decide to cash out it is in your hands. Some still holding until such time they meet their goals to earned. Taking profit is still good so it is depends on your decision to trade crypto this time.
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nikogluttonym
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Activity: 171
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April 16, 2019, 02:35:42 PM |
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I think there will be a slight correction. Hamsters will sell and the price will rise further. Growth at the beginning of the year is a good sign that the run-down has ended.
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jakelyson
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Activity: 2226
Merit: 1069
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April 16, 2019, 02:42:35 PM |
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This week has provided good signs already with a massive growth in value of bitcoin and other crypto currencies
Everyone is claiming bull run is here, Satoshi is back and so on but I think that’s greed setting in
I believe this is the time to cash out if you are in profit already
Each to his own. We did not enter the market the same time or at the same price, so some are already multiplied their earning but others may be still at loss. I know most will hold and wait for the bull run that may come this year or the next. But those traders who already made a profit can cash out and wait for another good time to enter. |
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Ifemini (OP)
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Activity: 690
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There are consequences for every action
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May 12, 2019, 09:25:58 PM |
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I think there will be a slight correction. Hamsters will sell and the price will rise further. Growth at the beginning of the year is a good sign that the run-down has ended.
Instead of correction; I will say there are instabilities and t will continue until the manipulators of price are reduced or the massive pumps occurs But for now; take your profits from trades |
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Kasabus
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May 12, 2019, 10:03:07 PM |
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But for now; take your profits from trades
That's the right thing to do when there is a huge pump, and take the opposite in case a huge dump will happen. We will likely gonna see more price movement like this as the market is currently in a state of bull run now, price volatility is very evident. To benefit on the situation, always allocate something for short term, not only holding alone. |
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crzy
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May 12, 2019, 10:13:52 PM |
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But for now; take your profits from trades
That's the right thing to do when there is a huge pump, and take the opposite in case a huge dump will happen. We will likely gonna see more price movement like this as the market is currently in a state of bull run now, price volatility is very evident. To benefit on the situation, always allocate something for short term, not only holding alone. I’m not against on this one but you have to make sure you know what you are doing because the market can still pump so if you sold now withou any plan then you might miss the chance of higher profit. Trading is meant to be like this, buy and sell when the time comes and hold when you want to earn more. |
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cercitolga4545
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May 12, 2019, 10:58:00 PM |
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Buy it at the right time is very important. But there is a situation. People want to ride right now because the train's on the run. In this case, wrong investments can be made. Forget the escaping train, we can focus on the new ones.
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yesyes18
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Activity: 546
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May 12, 2019, 11:04:27 PM |
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You think it's greed? Market is euphoria is a normal thing and it's because of the long awaited bear season we've been waiting to get over it. Sentiments are changing to something somewhat positive and so you shouldn't expect people to get out so quick like that. This is crypto man, anything can happen between now and tomorrow to provide a lot of profits.
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traderethereum
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May 12, 2019, 11:30:18 PM |
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You think it's greed? Market is euphoria is a normal thing and it's because of the long awaited bear season we've been waiting to get over it. Sentiments are changing to something somewhat positive and so you shouldn't expect people to get out so quick like that. This is crypto man, anything can happen between now and tomorrow to provide a lot of profits.
Sometimes that was greed because we want to make a big profit from a long time of the bear season that we have a face. Right now, I see many of us already take the profit from the market because in a few hours ago, that is the best time to cash out the profit so now, we have a good time to buy more bitcoin because of the price still at the lower price. |
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Fivestar4everMVP
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May 14, 2019, 04:43:07 PM |
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Buy it at the right time is very important. But there is a situation. People want to ride right now because the train's on the run. In this case, wrong investments can be made. Forget the escaping train, we can focus on the new ones.
the mistake most people make at times that makes them end of losing money is that they try to catch an uptrend forgetting that it can turn downwards anytime even at that second they bought, this high risk, it's better to buy when the price is settled and wait for it to moon |
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Dpat
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May 14, 2019, 05:14:40 PM |
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No, This is not the time for cash out but you have to push the cash for invest in the new coin and the coin which are priced at very low like; TRON, CAPP, STW, BTT etc. But, you can make cash out for Bitcoin partially.
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coco23
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May 14, 2019, 05:22:40 PM |
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If you are happy with your gains then cash out. It's never wrong to secure some winnings.
It's impossible to predict the market. Maybe this is already the halfing pump of BTC and we only see a sidewards/downwards market in the next 2 years.
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bitcon
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May 18, 2019, 04:43:38 AM |
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We must not do it now. The crypto market will show its ups and downs many times in 2019. 2020 will be much better. the most patient investors who will manage to hold their cryptocurrencies longer will get the highest returns.
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edisystem
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May 18, 2019, 04:53:49 AM |
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We must not do it now. The crypto market will show its ups and downs many times in 2019. 2020 will be much better. the most patient investors who will manage to hold their cryptocurrencies longer will get the highest returns.
Agreed, just because the market fall is not means you need to cash out. Just wait and keep holding your coins because i'm sure the market will go up again. The price right now is fall and normal to happen imo, because it's been a good week for crypto and increased so high and now they go down, a correction and then go up again. |
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LogitechMouse
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Activity: 2478
Merit: 1038
Signature and Avatar for rent.
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May 18, 2019, 06:37:19 AM |
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It depends.
If you are a holder then this rise will not bother you. Just set a target price or a target date that you will sell your cryptos. Now if you are a trader then you must cash out 2-3 days ago when the price of Bitcoin is at its peak. It did a small correction yesterday and now the price of Bitcoin is sitting at around 7400-7500$. I think you must wait for a rise again before cashing out.
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bitcoindusts
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May 18, 2019, 06:10:31 PM |
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I think that’s greed setting in
I believe this is the time to cash out if you are in profit already
How can you say it is time to cash out if you believe it is just greed setting in? No, we are not yet in the bull market stage but maybe we already are on the way there. There’s still a lot that can happen but good thing is we are already seeing upward movement in the market graphs. |
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pinoycash
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May 21, 2019, 11:20:05 AM |
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I think that’s greed setting in
I believe this is the time to cash out if you are in profit already
How can you say it is time to cash out if you believe it is just greed setting in? No, we are not yet in the bull market stage but maybe we already are on the way there. There’s still a lot that can happen but good thing is we are already seeing upward movement in the market graphs. If he bought his bitcoin at $3,000 - $4,000 price level. It is indeed a good time to cashout and sell. Profit are still profit, waiting for 20k USD once again is an optional thing since no one really know's if this incoming bull run will trigger another ATH surpassing the price of BTC in year Dec 2017 - Jan 2018. |
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vasrasus
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May 22, 2019, 05:09:02 AM |
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It depends.
If you are a holder then this rise will not bother you. Just set a target price or a target date that you will sell your cryptos. Now if you are a trader then you must cash out 2-3 days ago when the price of Bitcoin is at its peak. It did a small correction yesterday and now the price of Bitcoin is sitting at around 7400-7500$. I think you must wait for a rise again before cashing out.
Wait a little more before you cash out, but if you think you already wait long before and need some money then sell it already. It will depend on our situation on what we can do to earn, trade some and still keep some for investment. |
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