Current Events > My bitcoin profits are at $3,000. Should I cash out?

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DundiesAward
11/03/17 4:31:20 PM
#1:


I bought 1 and some change of a bitcoin when it was at 5,500. I saw threads on CE and reddit about it. It is now at 7,300. Should I cash out on this free money or leave it in a little longer?
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Questionmarktarius
11/03/17 4:33:10 PM
#2:


What was the initial investment?
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ChainedRedone
11/03/17 4:35:26 PM
#3:


I wouldn't cash it all out. If you want to play it safe cash a certain amount so that you wouldn't lose much if it did crash. Plus I hear 100,000 people signed up on coinbase yesterday, so it seems safe to say it will continue rising for a while longer.
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DundiesAward
11/03/17 4:38:29 PM
#4:


Questionmarktarius posted...
What was the initial investment?


9200. It is worth about 12,210 now.
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Questionmarktarius
11/03/17 4:42:27 PM
#5:


DundiesAward posted...
Questionmarktarius posted...
What was the initial investment?


9200. It is worth about 12,210 now.

If you need the money, I'd wait until $13800, then pull out your initial 9200, and let the other 4600 ride.
Or, just take 9200, subtract the amount you're willing to lose, and pull the rest.

Of course, this is just random advice from some random nobody on the internet.
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