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Author Topic: When is the right time to cash out BTC?  (Read 3985 times)

Offline Domithra

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When is the right time to cash out BTC?
« on: April 18, 2018, 05:09:35 AM »
I believe every investment must have a goal (short term or long term) of a certain price in mind. Everyone bought or gained BTC at a certain price and must have in mind a goal of price with which you thinks is good enough to make some profit. I know the right time is subjective. What do you also think?
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When is the right time to cash out BTC?
« on: April 18, 2018, 05:09:35 AM »

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Offline itoyitoy123

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Re: When is the right time to cash out BTC?
« Reply #1 on: April 18, 2018, 12:36:35 PM »
i think the best time to cash out btc is december, last year btc price rise up in $10k . and then after that the price goes down  let see in this coming months bitcoin price will be rise up.
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Re: When is the right time to cash out BTC?
« Reply #2 on: April 19, 2018, 05:10:39 PM »
I believe every investment must have a goal (short term or long term) of a certain price in mind. Everyone bought or gained BTC at a certain price and must have in mind a goal of price with which you thinks is good enough to make some profit. I know the right time is subjective. What do you also think?

Maybe it'll​be good to cash out on the last months of this year, maybe last year happenings in BTC's price will happen again.
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Re: When is the right time to cash out BTC?
« Reply #3 on: May 18, 2018, 03:39:24 AM »
the right time to cash out the bitcoin is when u know that u already gain a good profit on it why would u hold it for a long if u already earn tripple than u invest ..

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Re: When is the right time to cash out BTC?
« Reply #4 on: May 18, 2018, 11:53:34 AM »
the right time to liquefy the bitcoin is when the bitcoin price is pumping and being on the moon I think it's the right time to dilute the bitcoin

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Re: When is the right time to cash out BTC?
« Reply #5 on: May 18, 2018, 02:29:01 PM »
You were right when you said it is subjective nevertheless there are certain factors that any digital currency trader will look out for before casing it. Supposing you bought 1 BTC for $9000 dollars and after holding it for like a month it is now selling at $10000 then it is very obvious whoever is holding the currency will want to sell it since he/she has gained profit. But in the case where you run at a loss you might want to hold it for a while again since the world of cryptocurrency is full of currency fluctuations. Things can go really wrong sometimes in the sense that, you may run at a loss and looking at the statistics of the market there will not be a possible rise of the currency soon. In that instance the best you can do is to cash it as early as possible running at a few loss than further holding it thinking it is going to rise soon but never will.
The bottom line in investing in digital currency is to run it with some spare money so that you can hold it for long to earn more interest on it.
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Re: When is the right time to cash out BTC?
« Reply #6 on: May 19, 2018, 12:10:33 AM »
Making a move to cash out btc is however your own interest. I don't normally cash out when the market id red. I only do when I see there is a progress in my coin that I'm holding and I will get a huge profit before I cash out.   
   

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Re: When is the right time to cash out BTC?
« Reply #6 on: May 19, 2018, 12:10:33 AM »


Offline Aliados

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Re: When is the right time to cash out BTC?
« Reply #7 on: May 19, 2018, 06:41:05 PM »
I think it should be change when bitcoin price reach or above 20k dollar. That's what I think the best time if you want to sell btc.

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Re: When is the right time to cash out BTC?
« Reply #8 on: May 19, 2018, 10:42:30 PM »
Right now, it's the best time. When the value of Bitcoin is falling or low, we can rely on that opportunity to buy as much, and when Bitcoin has gone up, it's the right time if we want to sell it. Through this,you will really have a great profit after holding them from a long-term investment.

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Re: When is the right time to cash out BTC?
« Reply #9 on: June 09, 2018, 05:24:55 PM »
I think the right time to dilute bitcoin is the last month of the year
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Re: When is the right time to cash out BTC?
« Reply #10 on: June 10, 2018, 03:22:22 PM »
The right time depends on the individual. Everyone has a target peice they want to sell their coins for and I think cashing out will depend on that price.

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Offline TERMINO

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Re: When is the right time to cash out BTC?
« Reply #11 on: June 10, 2018, 05:02:01 PM »
The right time to cash out bitcoin is depends on the situation;
Situation of bitcoin price.
Situation of the person.
Even the price decline if the situation of the person is in vital need so no point of holding. Anyway it is depends on our strategy and needs.
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Offline spatialiste

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Re: When is the right time to cash out BTC?
« Reply #12 on: June 10, 2018, 05:25:40 PM »
The best time was in January at the ATH... :P
More seriously I plan to hold 1 btc forever.
Imagine that when your children grow up how much would worth this currency ?
Only 21 million and no more!
They'll certainly ask you " why didn't you buy one for me !?"
 
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Offline linkdefeu

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Re: When is the right time to cash out BTC?
« Reply #13 on: June 10, 2018, 06:28:12 PM »
The best time was in January at the ATH... :P
More seriously I plan to hold 1 btc forever.
Imagine that when your children grow up how much would worth this currency ?
Only 21 million and no more!
They'll certainly ask you " why didn't you buy one for me !?"

lol of course it was january, but the btc will go at more 50k$ (prediction of many person) so, even if we didn''t sold it, we just must keep it for a long time !
I plan to keep all my btc for 2019 ans see what happen.
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Re: When is the right time to cash out BTC?
« Reply #14 on: June 11, 2018, 09:37:37 PM »
 I think that cashing out in the down trend that is happening right now in definitely not a good idea. Personally for me 25000-30000$ is a good price for me to cash out. I don't have a low limit to cash out, it will depend on media news and government regulations.

 

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