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I have learnt to cash out
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Topic: I have learnt to cash out (Read 2337 times)
cytpoway121
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Re: I have learnt to cash out
July 08, 2019, 07:09:18 PM
#301
Quote from: bangkecol on May 20, 2019, 03:44:29 AM
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.
Manipulation aside, you need to be smart about trades
For every increase in value of a token, there is a potential decrease in price
So dyor to learn when to get in and out of trades always
Learn the different types of coin too, privacy or deflationary etc
Shallow
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SmartFi - EARN, LEND & TRADE
Re: I have learnt to cash out
July 08, 2019, 10:31:09 PM
#302
I believe this is your choice or view and should be respected. However, holding still pays and in fact is one of the good things to happen to investors or users within this space. Let's take a real case scenario; have you considered those who bought coins like ETH, BTC, BNB etc when it dumped hard last year? If they held, of which many did by comparing today's price that's a handsome profit.
On the other hand, cashing out is good too mostly when the project is not too trustworthy.
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Ifemini
(OP)
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There are consequences for every action
Re: I have learnt to cash out
July 16, 2019, 10:46:51 PM
#303
Just after a progressive growth in prices of bitcoin and other altcoins
We have seen the bearish run take its place again, swiftly and quicker this time around.
Which means as an hodler and investor; knowing the right time to sell and pack profit to buy cheap is key to long term sustainance in crypto currency
103deltafox
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Re: I have learnt to cash out
July 17, 2019, 05:11:57 AM
#304
It is very good to know when to exit. Cash out when you are in profit, 10% profit is good, you don't have to be greedy till it gets to 100% . Unless you are sure of the token you are holding then it is your choice.
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BADBITCH
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Re: I have learnt to cash out
July 17, 2019, 12:56:56 PM
#305
I have to admit selling has been my best skill
Especially as a full time bounty hunter, I have mastered the art of selling at the right time
I get lots of kisses few times due to wrong calculations but I don’t get it wrong easily
Selling must be a part of you, especially when you are in profit
Don’t gamble on your capital especially when in 5x or 10x
CoinsOrDie
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Re: I have learnt to cash out
July 17, 2019, 03:32:13 PM
#306
I have learnt that cashout is a serious activity which theses whales are quite conversant with. While you target 50 percent or 300perceont of your return on investment, whales are after the 5 percents because of the fact that they trade with his huge sums of money. So I urge you to trade with your spare funds
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Iykecollinz
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Re: I have learnt to cash out
July 17, 2019, 03:39:02 PM
#307
The market is very unpredictable, there have been situations where after cashing out the market pumps so huge eventually, the idea is to cash out but not completely especially for projects that still have potential. I learnt this from hydro
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frost_wind
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Re: I have learnt to cash out
July 17, 2019, 05:18:48 PM
#308
Bitcoin hodling is not the same as altcoin holding . Your money will never be safe if you invest in altcoins , so the decision to take profits when altcoins rise in price is very reasonable . You do not have to be greedy and wait for 1000% of the profits, because the altcoin market is very volatile
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Torps1
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Re: I have learnt to cash out
July 17, 2019, 05:31:47 PM
#309
Cashing out or hodling is your decision, but for sure market can go either way(up or down).
Knowing the entry and exit point is Paramount especially as the crypto market is very volatile.
Experience and research is a great tool to navigate this crypto market for profit making.
Tosyn2
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Re: I have learnt to cash out
July 17, 2019, 05:44:11 PM
#310
Quote from: Ifemini on April 27, 2019, 11:45:13 AM
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
You are very correct and I cannot agree less, I actually learnt my lesson of not cashing out on time in a very hard way. As at the time I got the tokens, it worth $350 but now was we speak, i don't think it is even up to $25 in value. It is quite painful but it is a big lesson.
santiPOGI
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Re: I have learnt to cash out
July 17, 2019, 05:53:44 PM
#311
Quote from: Ifemini on April 27, 2019, 11:45:13 AM
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
CASHING OUT crypto or converting it into FIAT has different ways.
It will depends on the country of your origin. if you can tell us your place then we might can help in a sure way.
Galley
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Re: I have learnt to cash out
July 17, 2019, 07:23:41 PM
#312
Those who learn to go to Fiat in time will be the most successful trader. Given the high volatility and speculativeness of cryptocurrency, it is almost impossible to predict the real course of things if you are not making the story yourself. Know or be this is the question).
Cryptrx
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Worlds Simplest Cryptocurrency Wallet
Re: I have learnt to cash out
July 17, 2019, 07:46:53 PM
#313
Greed and lack of knowledge has led a lot of people to lose money, knowing when to cash out is one of the best strategies a trader can employ in this volatile market.
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