waynechong1995
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Activity: 644
Merit: 117
swing!
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May 13, 2019, 01:04:10 AM |
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Yeap money is not yours until you use it, I made several trade entries that doesn't work great and your fiat/btc value just turn down immediately when the market swings a little. Cash out for me doesn't necessary mean exiting that portion from crypto but rather a long rebuy
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ryap12
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Activity: 700
Merit: 14
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May 13, 2019, 01:08:55 AM |
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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
It sure is. Only they get the most profit among us all. We may be happy earning a thousand dollars but to them they may be earning millions in a single trade. The best thing to do is to avoid certain coin or token where whales has the most holdings because they might just dump it right away without us knowing. |
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lyks15
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May 13, 2019, 01:40:25 AM |
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Right you need to know when you cash out. Be alert because in a blink of your eye you can loss everything and your capital. This is a game and worst from gambling that it can take you away all the capital that you invest. First of you need to atudy first all the action that you do in every cash out and hold. Your investment is depend on what action that you do.
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Janna_MaMa
Jr. Member
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Activity: 295
Merit: 1
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May 13, 2019, 01:43:46 AM |
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right. Be very wary or you will enter the whale trap. I am holding my token and waiting for the right price to sell
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sanida
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May 13, 2019, 02:32:11 AM |
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If you are just a short time hodler then cashing out is better for you as soon as you see that you are making profit from the coins that you are currently hodling. but if you are long time hodler you will need to learn the virtue of waiting for the right moment to sell your coins and that's what we called bull run. we can see the market is rising again one sign that bull run will also come sooner.
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Beyerd17
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May 13, 2019, 06:48:47 AM |
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If you are just a short time hodler then cashing out is better for you as soon as you see that you are making profit from the coins that you are currently hodling. but if you are long time hodler you will need to learn the virtue of waiting for the right moment to sell your coins and that's what we called bull run. we can see the market is rising again one sign that bull run will also come sooner.
Cashing out have been a very bad move since the beginning of 2019. Bitcoin has more than doubled since the bottom and will most likely continue to rise further. Those who cashed out to early has not been able to make money on this rise in price. |
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Alpinat
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May 13, 2019, 06:53:02 AM |
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Right you need to know when you cash out. Be alert because in a blink of your eye you can loss everything and your capital. This is a game and worst from gambling that it can take you away all the capital that you invest. First of you need to atudy first all the action that you do in every cash out and hold. Your investment is depend on what action that you do.
Yes I agree that's the essence of trading in the market. You will risk your money on it but that is all depend on you. If you are not that patience for sure you'll get loss and will not take any profit in it. But if you are patience for sure the rewards will be great. Cashing out is also best when you are not in loss status and make sure you'll trade again for another crypto. |
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Caladonian
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May 13, 2019, 07:10:12 AM |
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If you are just a short time hodler then cashing out is better for you as soon as you see that you are making profit from the coins that you are currently hodling. but if you are long time hodler you will need to learn the virtue of waiting for the right moment to sell your coins and that's what we called bull run. we can see the market is rising again one sign that bull run will also come sooner.
Cashing out have been a very bad move since the beginning of 2019. Bitcoin has more than doubled since the bottom and will most likely continue to rise further. Those who cashed out to early has not been able to make money on this rise in price. They've enjoyed what they've deserved, but for investors who still believing up to now, they will probably wait for much higher profits, the current movements is positively bringing good growth from fiat value, if you can practice to be more calm then you'll received the sweet rewards, people do have differences when making decisions, it's always better to aimed and collect what you really desires and never to regrets anything. |
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trauchot
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Activity: 1764
Merit: 10
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May 13, 2019, 07:23:08 AM |
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Unfortunately, at present, the cryptocurrency market is arranged until the governments will began to regulate cryptocurrency, until this moment the big players and manipulators will easily do whatever they want with the market and we can only look at it.
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zauna35
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May 13, 2019, 08:21:38 AM |
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if everything was so simple) to learn how to cash it so little, the money should work) now I suggest you learn how to cash in time, know where to pour fiat with profit and finally how to make X on the cash amount and then .. then ... then you you can be proud of yourself)))
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Korkorjkk
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May 13, 2019, 09:06:58 AM |
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You just have to know the coins to hold for long term and those you can hold for short term. For most altcoins, you have to be monitoring the price and know when to sell them. For major coins like Bitcoin and Ethereum, holding them for long term is the best.
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MisterLangley
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Activity: 658
Merit: 10
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May 13, 2019, 09:23:58 AM |
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With all things, the achievement of crypto currencies will be more different between this year and 2018, but also we as followers should not want to destroy any events that will occur at the persistent pump to the moderator report
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zero714309
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May 13, 2019, 09:26:21 AM |
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Dont follow whales,they have their own way. Cash out fiat really important but you should know the best time. Trader or investor should know how mantain their asset.
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zulfi125
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May 13, 2019, 10:43:11 AM |
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As you know if you have big amount you will gain more profit and if you have little amount than you will get some amount so this is all depends on your investment.
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Beyerd17
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May 13, 2019, 11:34:26 AM |
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Unfortunately, at present, the cryptocurrency market is arranged until the governments will began to regulate cryptocurrency, until this moment the big players and manipulators will easily do whatever they want with the market and we can only look at it.
Market movements means you can profit - buy low and sell high(er). If the price of cryptocurrencies was simply to flatline, there would not be any opportunity to profit from it. |
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ub27
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May 13, 2019, 11:57:05 AM |
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I agree with you in the sense that there are a lot of market manipulations, so knowing when to take profit on trades is essential without applying greed. Yes, definitely in the long run holders of coins with good prospects will enjoy more, but it's good to cash out sometimes especially for traders. I do mainly short term and mid term trade.
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dipeco
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May 13, 2019, 11:59:14 AM |
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This is one of the most important skills of every investor, because you always need to know how much profit you are going to have from each coin. Never hold your coins for too long, so you will pass the maximal prices.
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Christinebeauty
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May 13, 2019, 12:34:08 PM |
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In the bear market, every green on the market is a good time to cash out. If you wait for too long, the price might go down again and you will not make any profit from your investment.
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Sonik33
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Activity: 138
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May 13, 2019, 12:38:42 PM |
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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
It is true what you say that the crypto currency market is like a game of the capital owners of crypto currencies. Crypto currencies are engineered to achieve a certain advantage. Whatever it is, we should take the right strategy steps with various alternative strategies that can give us various choices. We really have to learn to get money little by little from crypto currencies if we only rely on income from crypto currencies. I strongly agree with you who are increasingly learning how to monetize crypto currencies. I'm sure the more days you can get more experienced. |
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emberbekas
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Activity: 1904
Merit: 1000
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May 13, 2019, 01:07:14 PM |
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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
Yes, as active traders we should be able to make fast decisions when to buy and when to cash out. Long term holding, IMO, will be fit only for those who have no time to see the market conditions regularly. The fluctuations can be good for us to collect some profits. |
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