I have learnt to cash out

[poornamelessme]

It is always right to make an exit when the time is right but I prefer to hodl for long time because you might get it wrong and thdn make an exit and then prices never go low again

Determining when the time is right is the hard part.

There is nothing wrong with taking profits, but at the same time it also requires the trader to understand where the tops and bottoms are. Taking a profit with every little rise of a coin may work for a while, then the market goes into full-on bull mode and unless you bought back in at some point, you'll lose out.

I'm sure there were tons of folks who felt great taking their 5-10% profits during 2017, up until the end of the year and those same coins were now at 100-1000% profit.

[Ifemini]

With recent events in crypto currency trades since January 2019, I have learnt to cash out

Crypto currency long term hodl is very good and rewarding no doubts
But we are at a stage where crypto is formed by whales and the money controllers

With the persistent pump and dumps by the whales; crypto is like a game at the moment

Nothing beats cashing out your profit
F you observed this week ethplode nuke as well as bomb token has been swirled up and low
Be smart and do it right always

[rdluffy]

It's interesting to debate this subject
I'm here for the long term, I have BTC, ETH, XMR and LTC, this is 95% of my portfolio, I have some alts to

There are times that I sell my coins expecting a dip, to buy again in a low price, to accumulate more BTC, I'm not a trader, but let's say I always make some decisions when I face with good oportunities, and I think it's important to know when it's time to cash out and wait to buy again

[Mila52]

I think we are all adventurers in cryptography. The criptocurency market is young and very speculative. The main players are whales. We can only watch and get profit on their manipulations games. You just have to set certain criteria and extreme limits when to hold and when  to sell.

[ILScoin]

Still learning it the hard way,  I was so pissed off about myself not not selling high as at when due,  greediness is not a thing for the crypto space

[BitcoinPanther]

Still learning it the hard way,  I was so pissed off about myself not not selling high as at when due,  greediness is not a thing for the crypto space

Same here.  We should learn the right timing of cashing out.  I have kept my tokens for so long that it losses its value until to the point that it is useless to sell because it does not make any difference.   Meaning I am holding lots of useless tokens and coins now.  But well, kinda need to learn it the hard way.  Now if I see token in profit, I will sell it immediately.

[Fivestar4everMVP]

Still learning it the hard way,  I was so pissed off about myself not not selling high as at when due,  greediness is not a thing for the crypto space

Same here.  We should learn the right timing of cashing out.  I have kept my tokens for so long that it losses its value until to the point that it is useless to sell because it does not make any difference.   Meaning I am holding lots of useless tokens and coins now.  But well, kinda need to learn it the hard way.  Now if I see token in profit, I will sell it immediately.

but to be sincere, being greedy sometimes helps one gain more, but the mistake most make is that they let the greed drive them, the most important thing is setting target for yourself, and don't go setting unrealistic targets, if not, you still end up biting your fingers, what i normally do is set a target and ones that coin or token hit that price, I buy or sell, in the case of sell, i sell and totally stop monitoring that particular market ever...

[Coroline]

With recent events in crypto currency trades since January 2019, I have learnt to cash out

Crypto currency long term hodl is very good and rewarding no doubts
But we are at a stage where crypto is formed by whales and the money controllers

With the persistent pump and dumps by the whales; crypto is like a game at the moment

all that depends on ourselves to get profit or loss if you buy at a price of 1000 and see the coins you buy become 800 and you decide to sell that means you are ready to lose and vice versa

[defyance]

Cashing out is a part of each strategy, so you have to do the same in order to get your profit. You know, it is a good idea to diversify your profit with something else, like stocks, property and so on

[sngwinner]

There are two things in crypto that I think is worthy to know in order to maximise your profit: when to cash out and when to hodl. It is good to cash out but doing so at a wrong time will only leave you bitting your fingers.

[Belianez]

Still learning it the hard way,  I was so pissed off about myself not not selling high as at when due,  greediness is not a thing for the crypto space

The main thing in the future is not to make mistakes , I think many remained in the crypto currency and did not sell coins at the time when the crypto currency was high , I think we will now grow very much in the next 2 years

[pixie85]

That is true. We must learn to cash out.
Cryptomarket is manipulated by Whales.We only can follow them if we dont want to loss on trade.

There's no such rule. If you need cash you should cash out. If you already have enough cash don't do it and keep investing. Every person is different and those who are scared and always ready to cash out are usually new investors.

The easiest way to get rid of this fear is to cash out your investment and keep reinvesting the profits. You'll do much better knowing that you can't lose your hard earned money.

[necromastery]

Cashing out is a part of each strategy, so you have to do the same in order to get your profit. You know, it is a good idea to diversify your profit with something else, like stocks, property and so on

After all, cashing out is help us for stopping being greedy to get more profit because we know what will happen if we obey the lust. I'm myself at that time it has become money in my pocket, it will not be thought to make it into crypto form. Therefore cashing out has an important role too.

[Emilyp]

It's good to find a trading strategy that works for you, many people lose out from possible profits by hoping to rise to the very top only to find themselves at the bottom. It's nice to take profit but at the same time you can miss out on the big gains.

[Perfect35]

Thinking of cashing out should not be accompanied with fear. Most of the times, our decisions are associated with our emotions. The fear of not becoming bagholders make a lot of people to make hasty decisions and they miss so many opportunities before them.

[Burogh]

With recent events in crypto currency trades since January 2019, I have learnt to cash out

Crypto currency long term hodl is very good and rewarding no doubts
But we are at a stage where crypto is formed by whales and the money controllers

With the persistent pump and dumps by the whales; crypto is like a game at the moment

Agree, holding an altcoin for a long time is risky because sometimes the daily trading volume is not too large and also the project does not run according to the whitepaper. If the price reach our profit target, then it is best to sell our altcoin and hold bitcoin

[lienfaye]

Everyday is new hope for Bitcoin and you decided to learn cash out. Invest money in any business has risk, you know this crypto pump and dump.

Every investment has risk and there's no assurance you will gain from it. But learning to take profit at times and controlling yourself to not become greedy is an indication that you're doing it right.

You dont need to wait longer to have a big profit, if there's an opportunity grab it and have plan on how long you would like to hold your assets.

[qomariah95]

Everyday is new hope for Bitcoin and you decided to learn cash out. Invest money in any business has risk, you know this crypto pump and dump.

Every investment has risk and there's no assurance you will gain from it. But learning to take profit at times and controlling yourself to not become greedy is an indication that you're doing it right.

You dont need to wait longer to have a big profit, if there's an opportunity grab it and have plan on how long you would like to hold your assets.

That's all we have to think about. If you want to find profits every day, of course it will be very easy by taking the opportunity every moment that is in crypto. In my opinion, it is more difficult to trade every day compared to the long term. Because if we invest long term, of course, just think how long we hold our assets. If we trade every day, of course we have to find the right opportunity to buy and sell.

[criket]

That's all we have to think about. If you want to find profits every day, of course it will be very easy by taking the opportunity every moment that is in crypto. In my opinion, it is more difficult to trade every day compared to the long term. Because if we invest long term, of course, just think how long we hold our assets. If we trade every day, of course we have to find the right opportunity to buy and sell.

all have their difficulties. people trading daily may be because he cannot analyze assets in the long run. because of market conditions who knows in the future? therefore it is safer in daily trading, it does require a little more skills to make daily trading more profitable.

[Loedong]

if you think so you also have the opposite. I mean how do you understand the crypto game by whales. just like you always monitor the market conditions and also coins that you invest so that you don't lose the moment to throw away.