Bitcoin Forum

and successfully converted it to USD?

I'm afraid to convert too many at one time since I was reading some reddit post about how their bank closed their account after they received so much money. I think guy sold around 50 BTC at one time, which isn't even that much.

600.. but that was when bitcoin was only a few dollar each

im not bothered i still have more than i sold.

if you move over $10k in on lump or consecutive lumps in a short period of sameday-same week. expect banks to question it.
if you use localbitcoins/OTC expect some people to make a complaint to their bank and thus your bank in attempt to do the bank reversal (aka chargeback scamming)

your best bet is to pre-inform your bank that you are receiving funds and that it is coming from a legitimate company. that way they have less questions to ask or presume its dodgy instantly.

Till now i have sold around 3 btc but not in one shot i use to sell every 10 or 20 days as i dont see the price just after i earn decent amount of bitcoins i just convert to my fiat currency and sell it.

not much, 15-16 but not in one time because the exchange has a limit per day, but we can say that i did it in the same volley of payment

actually it was not for my personal purpose to dump, it was a loan for my family, a emergency we can say....

1 BTCitcoin and it was at $200+ only back then. Most banks get alerted when sudden flow of cash gets deposited into users account (normally there's a limit that differs for each country). But there's another rules that given the work you have (real one), they check and if you earn in the same range normally (even if you don't say from where you got it), they won't suspends your bank account (assuming your wage is really above the limit in a normal basis).

Recently sold 0.5 btc.My first time I sold and got money in bank.I know its a much smaller amount compared to what others have sold but being my first time makes it special to me

When the Coine (http://coine.xyz) bot told me to buy some bitcoin, I bought 16 BTC. I was tempted to Gamble, and I gave in. So I ended up selling 13 BTC after the price of bitcoin went up $80. Well, I made a little profit. Imagine how much I would have made if I didn't gamble...

I don't have much Bitcoin , so mine is so damn small it was around 0.1BTC.

I think I have converted around 10 Bitcoins in total and I usually do SEPA transfers so I get the money deposited into my bank account pretty fast. I have converted also Bitcoin to PayPal but to a smaller extent. I haven't had any red flags raised by my bank but I try to withdraw small portions and not just one big lump sum at once. It's better to stay under the radar then to be sorry later on.

It was 2 years ago. I saved up quiet some bitcoins and the price did go up. I then sold around 10 bitcoins witch is not that much. I could have sold much more but I decided to save some of my bitcoins.

Every week i can sell up to 0.2 bitcoins and coverted it into my local money. And the maximum amount of bitcoin i have sold at one time is 2 bitcoins, it's when i win on gambling.

I sold 20 when the price was above $800 and I have since invested most of that back into buying more Bitcoins... So I have nearly doubled, whatever I sold back then. You just need to spread

that selling of the coins over a longer period to draw less attention to yourself. Even doing it legally still draw attention to yourself from the fiat systems... Each country has it's own limits were you

are flagged for attention.

Recently I too sold 0.5btc when the price was at the tag of $420. In a Short time after I sold the price fell to $416.

I avoid selling more than fracture of bitcoin at once. I am patient and I don't need big amount of money. I am afraid that bank my question my money transfers coming from a bitcoin exchange.
It better to sell your bitcoin methodically little by little than cry later and explain to  banksters where you got your money from.

yes its high level of risk to convert bitcoin to cash money with big amount,so i just convert it when i ned some cash moeny,bottom of 1 bitcoin its better for me,i'm also afraid to unpredict situation.

I have converted 100$ to local cash at max. With the help or neteller and skrill as we don't have any local bitcoin exchanger available. I usually don't do this type of transaction rather than i do face to face deal for bitcoin. But 100$ is max with involving neteller, skrill and my local bank.

Word of warning to any newbies trying to sell bitcoins. Don't use paypal because of the ability of scammers to do a chargeback. Nightmare scenario - sell your bitcoins, get the money & then lose the money.

i don't ever have very much BTC but i was remember maximum amount of BTC i have sold at one time is 1 BTC and never sell more than that

I once sold at 250 USD and that was the maximum amount that i sold at once, and unfortunately it was around 1 BTC at that time and it was a mistake selling at that price.

i dont remember that,just trade in and trade out what i get,when i need money,i just trade bitcoin to local person,daily,weekly,monthly,its almost never big amount,i'm not take a risk to delaying and hacked transaction,its hurt.

I did not sol any amount of bitcoin to anyone, as I am collecting bitcoin, and are saving them in my wallet, the price increase is a benefit but intension is not the holding for the price increase. and also I spend them when I need and convert to fiat whenever I need

I sold around 2-3 coin just before Christmas last year to take advantage of the winter sales. I exchanged them for gift cards with a great discount and something smaller went into my PayPal account. I am not a big believer into long-term hoarding because life is short and it's better to live and enjoy life right at this moment and not make big plans for the future which may not pan out.

You are so lucky and rich. I hope I was one of early adpfors.

Yes,at the moment Bank's are kind of against the crypto exchanges if you tell them it was a crypto exchange.If you're acquired your bitcoins legally by offering services,you're banks can't question you,even if they do,you have legit proofs (which you must have).When you balance for the entire time span is $100 and one fine day it becomes $10,000 Banks will definitely interfere to ask you sources of the income.Its not the bitcoins but the legitimacy of your earnings.

I don't earn much more in btc as I am not able to spend more time here on forum but I remember maximum amount of btc that I sold was 0.6 I have never gone above  that.

Last monday i sold .15btc only its kinda low compared to others. But for us unwealthy if you convert it into our money its a nice amount.

I have not sold any up to today. Mostly just buy and spend.

i have always sold very small amounts of bitcoin. mostly less than 0.5BTC and that is not because of bank limits or anything like that because in my country they don't care so far about these things.

i keep the sale to a minimum each time because i can not find a trusted person to sell my coins to so i have to take risks and keep it to a minimum. (i sell P2P BTW)

I have bought max. 50 BTC , sold max.5 BTC .

Oh thats great! that means you start lending a loan for bitcoin right! why you just keeping with you bro! I am seeing many of the people quoting fake quotes like I am having 100 BTC, 500BTC like that. I would like to tell them. Please do a right quote and right things to grow the bitcoins worldwide.

i once sold 0.5BTC to a forum member. too bad he turned out to be a scammer, gave me a negative trust. and now i am forced to start anew. Hope this doesn't happen to anyone else from this community

last 3 days i sold 0.05BTC,its just for my urgent money,makeing big transaction are not good enough for me,even i know as often i made transaction,its more bigger fees there,but i pick safe way to trade bitcoin to money,still avoid from people who try to scamming me.

Well, you can actually ask theymos to remove the negative trust if you have the evidence.

I also do not convert too many bitcoins at one time. The most I did at one time was 5. I always save some just in case the price gets any higher. If you sell everything at once and the price gets higher after that you will regret it.

Sadly, only 20$. Occasionally, some of my friends buy bitcoin from me with fiat, and I give them a 5% discount. It's being going on for several weeks, so I have sold around 100$ of bitcoin to fiat.

urgently sold 0.1 btc yesterday my highest btc sold, its very little  comepare to others. but im happy i make money.

cant remember it, but was less than 1 BTC for sure, since im just trading with low amounts of money ( for now ).
i expect to increased it with time, but for now i can't afford more than that, you know, i cant loose more than that so i will not risk more than that... :P

i sold in one time 0.83 BTC and it was not the right decision at that time
still learning how to trade
Thanks

can't remember excatly how much bitcoin have i sold,and if i'm not wrong i ever sold 0.1BTC and more.
sell bitcoin is not too good,i'm afraid the price going up when i'm sell my bitcoin.

about 1 bitcoin , actually i want keep it until halving time.  but my roommate get a problem and I had to help him. well, at least that's what friends are for and i'll get my money back next time

I'd sold 2 bitcoins at once at a price of 380$ and withdrew successfully to my bank without any problems. though i would avoid withdrawing large amounts..

1.5 Bitcoin at one time when the price was 280 $, iam so regret yeah the bitcoin's price is very unpredictable, i was afraid and confused bitcoin going to the lowest rate but i was wrong the price up till the 430 $ +
now i dont want spend much bitcoin only spendable amount for purchasing virtual things on internet

that's good amount,i'm sure your country have good bank service,for me witdrawing that amount is too risky,i'm not gonna do that,just witdrawing 0.1BTC higher for safe.

Well the maximum ammount i had sold were 1,20 bitcoins  i had bought 1 bitcoin to invest at some project that were paying on the time ,soo i were able to get 1,20 and sold it,in that time the valuer of 1btc were around 250 dollars ,last year.

The most Bitcoin I ever sold at one time was 17. This was back when the price was around $100 for the first time. I used the money to buy myself a new gaming laptop.

I never sold more than 0.5 at once. Actually sold this much on an exchange. And will not hold Bitcoin for a long. Because, I've more needs than I have/hold!

So for I sold maximum bitcoin is about 1.4BTC at one time. I usually keep some coins for long-term appreciation and that time received some of my investments profit at one time. So  wanted convert some of my coins to real money because USD to my local currency conversion rate was also high. Over all during that conversion I made very decent profit. Aotherwise usually my transactions are from 0.1 to 0.5BTC range.