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/biz/ - Business & Finance

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5792452 No.5792452 [Reply] [Original]

At what point would you ever cash out? Starting to wonder what my price would be, I'm already up about 500% what I've invested

>> No.5792463

>cashing out in a bull market

good one

>> No.5792474

>>5792452
Cash out?

>> No.5792490

>>5792452
Cash out 2x your investment or 10% of a coins total value. That's what I do when I feel it's risen enough. Leave the left in until it stagnates and reinvest. Repeat until I'm dead, babe.

>> No.5792500

I'd think about it at 100 mil

>> No.5792512
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5792512

What if you hodl too long and everything crashes

>> No.5792519

>>5792452
Cash out maybe like half your initial investment over time

>> No.5792521

>>5792490
I second cashing out 2x your investment

>> No.5792592

after you have played a couple of winning hands take a little bit off the table. playing with a smaller stack makes you play smarter.

>> No.5792596

At least cash out your initial investment someday.

>> No.5792599

I'll cash out a portion to buy a house. There's already a bunch of promising credit cards being developed that allow you to pull money from cryptos in case I need to buy anything else big.

>> No.5792618

I'll cash out around 2m to start a microbrewery, but only when that is <50% of my stack.

>> No.5792663

I’m at 24x now. Started with 1k, waiting for 100,000 before i cash out anything

>> No.5792750

Cash out when you believe the market is likely to go down, or you need the money.

>> No.5792755

>>5792596
This, adjusted for inflation.

>> No.5792942

>>5792596
Never going to make it