Post
Topic
Board Trading Discussion
Re: What is your advice: When should I cash out?
by
Joriecoinbit
on 11/05/2018, 10:48:13 UTC
When you decide to invest, you have to be risk-takers and long-term investors to make big profits. If you withdraw money now, you will regret it in the near future. The market is heating up. I advise you to wait patiently and continue to keep your money.
It depends on us when to cash out our earnings ,if our perceptions that prices has a potential to grow then wait until it pumps up. Nowadays, prices is on dump it has a chances to loss our earnings so for us to be secured and prevents the things better to decide wisely and look for the better.

I think it depends on how much profit we want but don't too greedy because we can lose our profit if we are expecting for a big profit and we don't know if the price will stay at that price or getting a decrease in the next minutes. so if we think that it's enough for us to take the profit then we need to sell it before it's too late for us. but if we don't want to take the profit right now and we only want to sell in the next month then we don't have to do anything and only check the price.
The volume of the currencies rapidly decreases in short period of time. It depends on your decision making when to cash out money , but I suggest you to wait more couple of months because the prices is slowly recovering of this trend and has the possibility to grow its prices. For now, be patience and update the market everytime because I believe sooner or later we can get good profit return due to the volatility in the market.