Bitcoin Forum

HI guys,

I see a lot of us buying/investing in a lot of crypto currencies but my question is how to cash out of them? Is it as easy as buying them? Or are they limits?

Thanks

That's the job of the exchange mostly with a local one, you can transfer it to your bank after convert it to fiat.


Yep, because it's automatically converting with the current price of bitcoin.


For an exchange there is a limit. But if you want to sell it with your native countrymen you can, just use localbitcoins.

I've seen some coins on exchanges like Yobit where you can't even find a buy order when
it comes time to sell.  The markets are sort of like penny stocks, where there isn't a lot of
liquidity.  Check out some of the stinkers on Yobit, and you'll see a bunch of sell walls and
absolutely NO buy orders.  So yeah, it's very difficult to cash out of some of them.

For bitcoin and the other big cryptos, the market is very liquid and you should have no
trouble selling them.  Litecoin, ethereum, Dash, and others...there are a lot of buyers right now.
I'd try to stay away from ones that don't have a strong 'brand name'.  If you trade on
exchanges like Kraken, where they don't have a lot of coins to begin with you should be safe
as well.

At present, there are so many cryptocurrencies available at market. So when you invest or buy any cryptocurrencies, you should invest in cryptocurrency which is of high demand or in the cryptocurrency that you think its good. So there wont be any problem at the time of selling also. To cash out the cryptocurrencies, first you need to convert it into btc in any altcoin exchange like poloniex and transfer that btc into your local bitcoin exchange. That's it.

If you are using simple wallets like xapo,blockchain to store your cryptocurrencies,then it is difficult to cashout your assets for fiat currency.
However, using exchanges instead of wallets, you have option to cashout different digital coins within the exchange.
Some best exchanges you can use are bittrex,changelly,localbitcoins.

On exchanges, you generally have an option to put out your cash into a USD / fiat wallet. That should offer solutions to withdraw into your account. Either that or you can go from Bitcoin to USD.

Bitcoin users differ in countries so i guess that depends on what kind of services your country has. Most are in USD so their are a lot of services offered for easy transaction. Better to send them to some blockchain enabled sites if there are any available in your place. I think the service that could beused to cashin should offer also cashout options. Assuming that the site is not an exchange site.

Base on my experience all the thing like buying and cash out bitcoin is very easy here in my country because of our bitcoin wallet has a great srvices and more partners that we can cash in and cash out our bitcoin fund.
But in an exchange there is always a limit on buying a coin, but i do not know the limitation of cash out using an exchange.

For me i suggest that do not put a huge capital in one exchange, much better to used multiple exchange to lessen the risk of your fund and you also have more options in selling your coin.

Cash out to BTC or to fiat?
Either way, both are very easy. Most coins/tokens are listed on at least one (usuallly more) exchange(s). When you want to 'cash out' all you have to do is make sure you've got your funds on the exchange and then execute a trade for the current value in BTC.
If you want to cash out to fiat then all you need to do is transfer those coins to an exchange that lets you trade BTC/USD and then withdraw those funds to your account. 
 

the limit for the size of the great man who has that much money is there , a certain limit exists depending on the exchange volume includes a portion of the limit , from the mining proceeds that are also mined partly from the limit , cash out is easy , as easy as you buy .

It is not the limit of the exchange. That limit was set by the trader who can manage the amount limit. Need to check the trader who has been able to trade with your limit.
Traders will help you to exchange your bitcoins to any fiat money. I suggest to localbitcoins.com to sell it out for your need or more.

That is why theres an exchangers that do exist on the market which is the place you can buy bitcoins or any other coins which been offered by the use of your local fiat either loading up with you credit/debit card.If you dont like to disclose your card details you would still able to buy which you can actually made on localbitcoin which you can make peer 2 peer transactions among other users but be sure not to engage on scammers knowing that there are lots of criminal minds when it comes to money.If you do find out on the things i do mention on here you would really say that this thing are just basics.

I think it is better to send bitcoins to other withdrawing site than directly from that exchange site. But it also depends on what kind of service your country could offer. Because it would take long if from exchange site rather than in online wallets that is directed to banks.

That depends in your country if they support or some website supports cashing out your crypto currency to your fiat currency like online bitcoin wallet if there is a website that adopted crypto currency in that country and it is an bitcoin wallet or whatever altcoin that it supports usually you can withdraw and convert digital assets through bank, remittance or other methods.

It is true that majority of the traders are buying in crypto currencies, because in altcoins it is easy and fast to make profit of bitcoin unlike directly buying in bitcoin which is mostly they hold it in a long term, including myself.  And it is easy to cash out our profit into fiat going to our bank account or depending in your merchant where they allowed bitcoin accepted.

None and it only depend of what wallet your using, local bitcoin provider in your respected country has more options of cashing out and lot of services that is available. Like paying SSS contributions and NBI transactions fee.

So before doing opening a wallet it is a must that you have to be observant to other users and they’re review is more important. Take time to research more of what suitable to your needs. I have an account to coinbase but buying and selling is not permitted in my country.

Even if the alt-coin which he wants to sell is not supported by the country-exchange, he can simply trade them for BTC and trade Bitcoin via exchange.

Its not difficult at all nowadays. You can signup with local exchanges in your country to cashout the bitcoins.

You trade bitcoins or crypto on any world-famous exchanges and then send the bitcoin to your local exchange to cashout to your bank account.

There can be limits for cashout in fiat at some exchanges (deposits and cashout in fiat). The one I use is limited, cashout up to X amount of my local currency daily. Also, if you transact big amounts of fiat from BTC deals the government will track your transactions and they may block your account at the bank if there is any suspect about you... I don't know if it happens on all countries, but it's becoming more real each new day.

It depends upon the country you live in and the exchanges it has. Generally all major countries have a few exchanges to get your fiat directly to your bank. Try paypal with coinbase or major exchanges that might also help.

Yes, it is easy as cashing out, for example in btc in localbitcoin, there is limit on buying bitcoin at first hand then for your succeding transaction there will be no limit on how much you will buy btc. Transaction is from bank to localbitcoin. That is how I know and how it works in my previous transaction done in localbitcoin and if you want to have it in other coin then just convert your bitcoin to your preferred coin then you have it in few seconds and you are already invested you money into it. As easy as that.

It is easy to cash out. You can easily transfer it into your bank account and it will automatically will convert into fiat. It is just easy, as easy like you are updating your status in facebook. ;D

Yes, you are right can covert your Bitcoin into Fiat currency by transferring your prescribed exchange and you can withdraw your Fiat currency to your bank account.

When you trade a coin at least you have to have some information about it and the most important thing is that you must have some knowledge about analyzing a coin such as candle, see the trend ... These are the minimum requirements when you exchange coin. If you are afraid of anything you do follow me when you place a sale or buy a coin that you set a stop limit if the coin you sell to a certain price will sell you sell Whether it increases or not, and if you buy the price of coin is so high that the market down again you should sell at a loss of 5-10% to preserve your capital avoid the loss of too much. I used to read the good saying: "Before you make a profit, you must find a job to avoid losses"

if you've heard of monaco- it may be worth looking at getting a visa card (when it arrives)

or

Use localbitcoins, and trade out slowly (minimalise loses)

THere are many ways you exchange your bitcoins, there are exchanges that will exchange your bitcoin for you. What I do is I buy in-game items and then sell it in my local currency that can also be done if the amount isn't that big.

It is good but if you are not able to get what you want to have then it is good to convert your bitcoin to the other wallet the amount of the bitcoin is very important pot have and to invest in the other form of the money. The value of the bitcoin is increasing more and more. The price is high and the use will be easy now than before.

Yes it is. From the start, you need to have some wallets like a personal one you use too but its virtual. I'm using virtual wallet that's my country provided so it's easy for me to transfer my money to bank account and other remittances when I needed some. There is a limit in my wallet I'm using, it depends on wallets you're using.

in simple way from deposit until witdraw look like this :
your bank --> local exchanger --> crypto exchanger --> Marketplace -->crypto exchanger  -->local exchanger --> your bank

we only need btc to cash out our crypto currencies. when we buying and selling crypto currencies, we are trading in the exchanges, we are trying to get profit and the profit is in btc currency. after we have btc, then we sell into local exchanges or third party services which act as seller and buyer for crypto currencies and then he transfer the money into our account bank and we can get the money. its easy to buying and selling and there is no limits. i think you can found your local exchanges by searching or you can use localbitcoin.com to found recommended seller.

That may be true, but you have to give some suggestions also, saying "easy to withdraw to fiat" is so easy lol, mostly it depends on your country, the platform you will use if your country is available to their btc to usd or btc to your local currency. But if not and there's no local exchanges then it might hard to do that.
And you have to show your full details for KYC so you can do that if fiat matters.

Luckily I have my own local exchanger that enable to me cash out whenever I want !
Of course after I've my verify my bank's account and my ID ! Although my government still not legalize bitcoin yet, we can still use it but with our own risk

Yes in most of the are people have to take the risk, but i think that if they want to continue their business they do not prefer to scam but want to continue their business as smooth. If a person want to sell bitcoin and convert it in to local currency i think that if you want sell on market price then it will be done in a friction of time but if you want to sell on specific time then  you have to fixed a selling point and wait for the time to sell your bitcoin on that price.

You don't need your government to enjoy bitcoin and there is no risk involved. You even told us that you are using your local exchanges so I'm assumed that your government is still lenient in terms of its used as long as you, the customer would submit the proper documentation for KYC/AML compliant. So I'm don't think there is a risk. A risk could be involved in bitcoin if you are using it to launder money or transacting illegally, like buying/selling prohibited drugs and other things that your government will deemed against the law. Other than that, you are safe converting your cash to your local currency. So don't be nervous about using your bitcoin. And yeah, you are extremely lucky about having your country a local exchanges that supports bitcoin.

YoBit seems so grimey, how do people even make a profit on there

Easy or hard Depend on your country lows if exchange allow you can Directly get cash other  need middle coin

Well this question shows that you are new to this forum and Cryptotrading. Yes it is really easy to cash out them, and it depends on your trading exchange where it transfer to your bank account within the given period, but before withdrawing to your bank account you need to convert into Fiat currency. Yes it is very easy to buy them, keep in mind that exchanges have their own limit, whereas your Native Local dealer or agent wont have limits as comparing to the Exchange. You can use Google to find out some local agent near you for buying and investing purposes or you can use localbitcoin .

You can cash it out by transferring your Bitcoins to your bank accounts then withdraw them. When you withdraw, your bank of choice automatically converts it to your country's currency which rate is converted at the time of withdrawal. Please know that your Bitcoin's value varies real-time. That being said, it changes in value depending on the time you decide to transfer them on your bank.

It is really easy, there were local exchange that really support this kind of services, which I am lucky enough in my country, especially in bitcoin buying or investing. And as far as I know there is no limit on investing in one coin because they love many investors.
To cash the altcoin is only one way, first convert in btc and then convert that btc into local cash.

That is valid one. Absolutely there are so many chances if you get to know that the thing you are doing now is not made for you. Like whenever you know it well that trading is not for then don’t just get more losses rather just try something else. Same is the case here, if you finally know about your will then better is to just shift to any other thing, like baton. They are profitable.

It is not difficult at all in my opinion. Not for me, because i sell my bitcoins when i need to directly at Localbitcoins.com, where i give my bank details to the buyer, he sends the funds to my account and then i release the coins held in escrow, and that's it!
Maybe there are other ways to sell bitcoins for fiat, but i never tried any other source for cashing out bitcoins as it never had been an hassle for me to do it by Localbitcoins.

You can cash out by exchanging btc to your local currency.Then You can withdraw your money via bank transfer. There are no buy limits or sell limit.That is automatic.You can buy that you want.But some website have minimum buy limit but no maximum buy limit.

Theoretically selling is as easy as buying.
You can sell the same way you bought your Coins. Either via marketplace (e.g. localbitcoins), currency exchanges (e.g. kraken), here in currency exchange section or Offline while meeting the person you want to trade with. After sending your coins to an exchange (for example) you can convert them to your FIAT currency and then cash out to a bank account.
But you have to be careful. You may need to pay taxes for your winnings of bitcoins as a investment, depending in which country you live.
And you also have cautious when meeting someone to trade with. There are a lot of people who rob people and force them to send all their coins to the scammer.
If you sell BTC make sure to not take paypal (or any other reversible payment gateway) - so you don't get scammed and lose your coins within seconds.

the only way to exchange the money we have primarily on other types of bitcoin or crypto is to use the local bitcoin market exchange available in every country. That way bitcoin users will find it easier to exchange bitcoins into real currency they use. Any exchange on localbitcoin should have a limit on the amount of exchange rate, It aims to minimize pending transactions, and all transactions can be faster and more efficient.

I don't sell it to someone like this. For me selling bitcoin is quite easier. I use a cryptocurrency exchange located in my my country (I don't want to mention it's name here) where they convert my bitcoin to local currency and send it to my bank account. But this whole process takes a minimum of 48 hours and sometimes it takes even a week. I wish we could have an alternative with a faster processing time, so that we could withdraw fiat in any emergency.

If selling at market price it's pretty easy. However it's true it depends on the exchange you're using, some are having problems with their operations lately.

Bitcoin is not hr single thing but it has the high and the positive options I the circle of the bitcoin people who were not aware of the stable and the reliable income with the bitcoin are now having the fair and the main aim so just to make the future secure. Now it is not difficult to exchange to bitcoin it is now available in all the areas the bitcoin is popular in all the areas of the country. The income will be high if the bitcoin will get the high GPH.

Lets take the average price of BTC as example - on coinmarketcap $5.7k.

To get BTC, services such as localbtc or any native/local BTC exchange services would usually cost you differently, for example dealers on localbtc would sell their BTCs close to the average on low numbers ($5.5-$.5.6k), but low on huge volumes($5.4k). Exchange services would mostly give you a sort of safe price mechanism to counter fluctuations, and their price would be somewhat middle between the previous 2 ($5.5k).

Buying them is easy when you are able to pay more, but selling is a little bit more tricky as prices are competitive, and during times where market is dropping you have cope with some losses.

Other cryptocurrencies, or refers as Altcoins (Alt) is an entire different story, in short people use btc to buy alt, when alt grow sell it for more btc = profit, the reason on getting BTC is that cryptocurrencies that are exchangeable to fiats are only available for popular coin such as BTC, LTC or ETH.

It's like having a share on a big company on your country, You need to decide when to buy or sell it.

Yes. It is just to find the available exchange for the country in question or ask around. Google is a very good way to know which one is quite easy to make someone get going pretty fast and you had be surprised the huge number of them around. However, localbitcoin and remitano has always been the best option for P2P transactions so fat that I have seen and are available in most places depending on who is ready to sell in your area though or just use some exchanges like LUNO direct if available.

if my way of investing I make a large purchase,
well when selling I do a high price selling system,
but sometimes find problems with altcoin prices are down, the way to overcome is when the selling price down to 20% sure I will immediately cut loss on my investment.
and move it to another coin that I predict will be more profitable

Buying or selling of bitcoin is not at all any difficult task to do. Like you mentioned, it is just the transformation of your paper money into crypto currency like bitcoin or any other coin and then back to paper money at the time of need. There is no rocket science in this thing. You only need to look for reliable exchange in order to remain safe.

It depends on what country you are cashing it out. As for me, we have a local base platform and we can just exchange our bitcoin to its fiat value base on our local currency and then transfer it to our bank account or even in another person's bank account. We also have the option of cashing it out in money exchanges if we don't have a bank account. The platform that we are using needs verification first of our identity before we can do this transaction like buying and selling bitcoin and there are limits to how much we can buy and sell daily and monthly.

I saved some bitcoins that I have on one of the wallet sites that I think this site has a pretty good security level. besides that many interesting features offered on this site, among others, I can directly swap BTC that I have to fiat without me having to go into the crypto trading feature first. even this site is very easy for us to transfer bitcoin that I have swapped into fiat to account number that I have in bank. just need a little biyaya administration that I must remove course I can directly transfer the fiat that I have this site my account number that I have in the bank. and that I can do anytime of course delivery process does not take long this is very easy.

While its true that some of the exchanges have had problems in withdrawing fiat, most of the established exchanges do it as easily as making a payment with your bank account. As far as your country is concerned, there must be at least one established exchange which has to function as per the law of the land, so it will be easy to bring charges against them. Consider mintpal, which for a time was one of the most popular altcoin exchanges around, but its owner got greedy and tried to siphon off the coins in it. There was a class action suit against him, and voila: https://www.cryptocoinsnews.com/alleged-moolah-fraudster-ryan-kennedy-faces-first-court-hearing/ (https://www.cryptocoinsnews.com/alleged-moolah-fraudster-ryan-kennedy-faces-first-court-hearing/)

Yes no doubt the cashing of the bitcoin to the fiat is not the big deal because the bitcoin is getting the more space and now the bitcoin importance of eh bitcoin is just because it is now reliable of the using and the spending, the value of the money is all about the investment. The more we invest the more we get from it, the bitcoin is having a lot of things in our life and the price of the bitcoin will be the best thing ever so it’s easy to panic and the transact nothing is difficult.

Not all countries do have their own local wallet provider which would really be easily to cash out or to exchange those coins that they had thats why they would really need exchangers which would really  convert it to fiat and transfer it on their decide payment option.Back in the past i do have a hard time on doing such thing but when the time comes that local wallet provider is already available in my country it does really give big convenience on me.

The market is the main key to buy or to sell the things if you are having the high income and you want to invest the money in the bitcoin then it’s good to hold the bitcoin and buy for the long time. The money of the bitcoin is good to invest and the market of eh bitcoin is getting now popular the income with the bitcoin is increasing because the high people are investing and they are having huge income in the bitcoin as the price increasing.

I think the most difficult is not the thing what you are saying but it is now very difficult ot avoid the falling price and the high price of the transaction so if you will have the money and you want to invest that money in the right place the n hold the money and invest it because now in the bitcoin all the things are getting easy and more reliable to maintain for the fix and the easy income for so as the bitcoin is the demand of the day.

That's is how bitcoin is designed here. There is fluctuatation always in the price chart from the 2013 to nos. Some bumps takes us flight and dumps but us in well. We should not worry about it and hold the coins for long term. If you invested in neo bought for 1 btc means you will be able get the big value for the amount invested. So choose option and invest.

Buying and selling of anything especially something related to your business in which profit or loss is concerned is really a difficult thing to decide. It all depends on your smartness and knowledge level which can help you in making better decision which can help in performing better. Buying at the time when prices are low and selling at time of good profit seems reasonable to me.

But it would be reasonable more if you buy on the right time but its so difficult to tell on when is the right time to do that since there is so many bad fuds that can even block us to spot the correct timing. But for this we should be ready to have a back up funds so if our first buy will lose we had a funds to buy again to retrieve back the losses for the first trade we placed.

for investment in crypto is very easy and to whitdraw the cash cote in place of exchange very easily equal to time deposit. excess investment in crypto is the ease of transacting.

In my country, I use Coins.ph wallet, it is too easy and fast transaction through online bank Transfer and sometimes I cash out my money through Remittances. There are many wallets that can transact via bank online, I think Blockchain is the most Popular, but i don't no if it is just specific for one place.

I guess its not difficult. There are lots of option to sell. The difficult is what or whom would you exchange it for. You need to read and understand every details. Selling is a risk so you must be careful in choosing the right one.

It's so much easy to cash out our bitcoins and even our alt coins. Where do you live? There must be some exchanges out there where you can transfer your bitcoins and just use the service of that exchange. You can also try to trade personally with the people near you and exchange it with instant cash. Selling it is much easier because of the exchange and yes, it's the same as buying them. They have limits but my question is how many would like to sell/buy?

It heavily depends on how much you're trying to get out. I generally take out smaller amounts (around 100-200$ here and there when I need it). With this amount, I have literally no trouble and I generally deal with people who offer currency exchange services. It's easier than using an exchange for that small of an amount. For larger amounts, you probably end up paying a fee amount based on the exchange service.

Depends on the local exchange where you are buying or selling. There are many limits in many countries and depends on the taxes too. It is quite difficult if you convert to fiat all the time but I dont think there will be any problems only for trading.

nevertheless, it still depends on how difficult it is to touch on a particular exchange. That is, I mean, is there a real and complex identity index on the account, if of course the exchange makes such requests. To date, there is already information about account bans on bittrex, which in turn creates some problems for trading.

if still learning like me to determine when a good buy and sell position is still difficult, maybe if the experienced and have big capital in my opinion it is not difficult.

I also get what I only needed. Probably around $100-$200 for me as well. I don't usually get all my coins, so that I still have some with the market price goes up. The method is get it from my desktop wallet and transferred it to my local exchanges wallet then convert it to our local currency. We have a cash out limits though, but like I said, I don't withdraw all my bitcoins so I haven't maximize my withdrawal capacity. But for the limits, I think it really depends on the exchanges, on what level of your verification has. Because our local exchanges has that kind of levels in terms of withdrawal. But I didn't bother to submit more info as I think I can't really reached that amounts of withdrawal anyways.

I would say it's not difficult to sell, it's just base on timing. You just need to monitor if your coin is in the best selling opportunity and that's how you do it. It's only timing and whether you are already satisfied on the profit or you are still aiming a hign sell position.

That's right, I don't have any problem when I want my bitcoin to be a fiat, it is simple to do. Just use a good wallet and a wallet that is supporting with your country so that it is not going to be complicated for you to convert it into fiat.

It is too difficult indeed because the power of the bitcoin is more than this, I am having the bitcoin and I am making the bitcoin powerful because all the people who are having the bitcoin as the side income, there are a lot of the opportunities for the bitcoin now because the income of the bitcoin is getting high day by day; bitcoin is giving the world get more bitcoin is increasing the power and the bitcoin will help all the people,

only long-term investment that will be able mengongktak income up to 10 times.
but if we invest in the long term it could be even better if we have extra income from altcoin,
and the profit can be in the tube in longterm bitcoin investment
aggar we have long-term benefits in the future,
and will be able to prosper our family

It's depend on where are you living now. You can try to use Coinbase to sell your Bitcoin for cash if this service available in your country. If you can't use Coinbase to sell your Bitcoin I think you can search on Google to find out which exchange available in your country. For example I can't use Coinbase to sell or Buy Bitcoin cause it's not support my country so I have to use some other exchange like Reminato to buy and sell Bitcoin or I can sell it directly to other people

I think so that there isn’t any difficulty to sell your coins anytime when you think that there is a need of selling your coins.

Selling is something which should be done only when you are getting enough amount of profit. Do not sell when the market prices are falling down or there is a chance of losing your money. Be wise while making your decisions as one wrong decision can suffer a huge loss.

if your country support Bitcoin offices will cash easy if not use payeer card i used it many times   

I'm still a newbie in trading coin, before I think easy to get advantage from trading, but it turns out I was just lucky one time when I was first start trading, while the second I suffered losses, for that I am eager to learn trading. because I am sure if other people try then we can surely also.

It wont really be a loss as long you do sell even on small profits but yet its not really an ideal stuff to do such thing but if you do really need money then its your choice.Exchanging it on your local fiat isn't really hard at all since there are lots of exchangers or local wallet providers which would cash out on the bitcoins you do sell on fiat basis.We shouldn't really bother at all because this thing isn't really a problem at all and its not really difficult for us to stress out on such situation.The difficult thing only if we already on the torn on selling out because of cutting loses specially on doing trading.

Have you sold your bitcoins for fiat currency? Since seeing your replying you don't be sell your bitcoin before. I use to sell the bitcoin whenever I need in localbitcoins.com, I use to sell it. Trusted escrow manage your fund. Hence you no need to worry about that you will lose your money. Before you start the trading you please check the person's trust in the exchange whether he has the 100% trust.

I personally use an online wallet that has the feature to be able to exchange bitcoin into paper money, and I can directly transfer money to a local bank and similar things apply to deposit, and also before you buy coins try to see the market movement and see the graphs, do not rush to make a decision to buy or sell, because at trading prices tend to be less stable sometimes up or down,

Yes its true, in our country, we have wallet which already had an access to bank and other remittance which convert cryptocurrency to cash, Just simply look in the menu in the wallet where you can cash out your money, I swear its so easy to use.  ;)

Look for a wallet first to hold your coins then when your coins value in the market is increasing already then next thing to do is look for your exchanger and it has fees for transfering but it was still worth when you already withdraw the fiat value.

Yeah he value and the price of the bitcoin is increasing but the most important thing is the safety so if you are having the time and the well secure wallet then your bitcoin will grow more and more and it will be very easy for you to hold the bitcoin for the long time and to invest in it if you want o buy more bitcoin it is very important to remain in the bitcoin forum and use the different sites for the shopping in the bitcoin.

using local exchanges as the common answers here and i think almost on every countries in the world available crypto exchanges  which is you can sell and buy your crypto asset so it's very easy to do that as long as you have an account at there then cash out your bitcoin is very simple however yes they have a limit for daily withraw and deposit depend on the TOS from those exchanges themself

Everyone has his own way of looking up at the things but I don’t think so that there is hardly any difficulty in selling your position. If you have bitcoin or any other coin in your wallet and you want to sell them, then I’ll suggest you to wait for the right time before selling your bitcoins. Just do not decide anything in hurry. Be patient and wait till the time you are not getting some good amount of profit.

as a person who is still learning in trading in my opinion determines when the best position to sell is a difficult decision, because if one took a position then our profits are less.

Yes it is the same as you buy them depends on the exchange site that you are using. And also it depends on your local exchange. Converting it to fiat is easy like bitcoin. But their prices will depend on the market.

no they have more demand so it is some difficult to buy. and also it will depends on the local exchange how much they need and how much they want to pay. in every country crypto currency available so every one should using it. so day by day crypto currency getting in to high price. so try to maintain atleast one account in crypto currency.

There is hardly any reason to deny this fact that security comes first. If you have some secure wallet, then you can quite comfortably hold your bitcoins for as long as you want to. Selling your bitcoins too is not a big deal. You only need to wait for the right time before going for selling your bitcoins. It is because of the reason that only then you’ll be able to get some profit by selling your bitcoins.

I always love stories that end with people that committed crimes ending up in the hand of the law and getting punished for what did, and even being charged double of what they took from people. This will serve as lesson for those that are planning to take the same route, though they never hear.

It is good to use the easy and the simple exchange and the bitcoin will be the fast exchange for the people now, he income of the bitcoin will give the bright and the safe future because the bitcoin price is now increasing and the bitcoin has become the safe and the fast transaction, the value and the importance of the money will increase more and more if the person will spent in the bitcoin.

Well when you choose to sell your positions into some altcoin as well bitcoin you know the risks, that is the coin can get improvement or bigger atention and investment and you will end loosing the opportunity to make easy money. Nowadays there are already some companies providing bitcoin debit cars, if you dont wanna to exchange into local places you can give a try into it.

For me buying and selling bitcoin is not a problem because there are lots of people who have provided facility to buy or sell your bitcoin to them or from them. It is very easy. Just contact them and tell them that you need to sell or buy some bitcoin. You will transfer your money to them and they will transfer bitcoin to your wallet. It is now familiar to many people in my country so dealing is essay.

its easy to sell, you can sell it on market with 2 ways be a taker or maker, taker its mean that you sell it on buy order (other people) but maker is you can sell it(coin/token) by yourself, you can set the price that you want and quantity that you want with consequences you need people to buy you coin in that price and in that quantity

It is very easy to sell my bitcoin because I have money exchangers in my locality who have now started trading and exchanging in bitcoin. Therefore it is also a facility for all the people in my country to sell or buy bitcoin without any hesitation and obstacles. Now the use of bitcoin is gradually extending and so are the exchangers everywhere in the world. So now buying and selling bitcoin is not a problem.

Unfortunately, it depends on your local exchanges. Now, as far as i know, exchnages demand some form of ID so that this income will be recorded by your bank for tax purposes. So, its not extremely easy to cash out from under the nose of the government, plus if you live in a country where btc is niche, your transactions in the local exchange will take much more time than the normal alt>btc or vice versa.

I didn’t know about it. And if this happen then seriously this is so fantastic. You are not indulging in any selling and buying processes.

Contacting many firms and companies for selling and buying your cooing, that was seriously disturbing. But as you have said, this is seriously incredible. Still, be aware of the scams, they are hidden in such faces and they will run away once you dealt with them.

There are so many places where the owners of bitcoin are finding it quite difficult to do the transactions. It is because of the reason that the transaction process is quite length. In addition to this, the transaction fee are very much which are creating lot of troubles for the owners of bitcoins. But things are getting better with each passing day and soon we’ll be having no worries regarding exchange of bitcoin.

Well, I guess you were right, maybe you are lucky that time when you 1st start trading, not all are lucky like you, some people who start trading make also their 1st losses. Lol! I think we need to be careful and learn a lot more about trading before we enter in it.

The basic thing when you trade on cryptos, you have to know how to manage your capital before you make money from it, psychology is also something that you need to train if you are hugging coin that it seems price. falling more than 15%, then you will definitely psychologically sell that hole is the common psychology of new people. If you are new, you should use the stop and loss command

It is not too difficult. There are lots of exchangers in the market which give you the facility of exchanging your bitcoin in any currency of the world. I usually use okpay in my country when I want to convert my bitcoin in my local currency.

There is nothing difficult in this time and especially online things are very easy to use. I think that converting and exchanging is easy for every one everywhere in the world.

Nowadays while price still surging high of it's value, maybe the difficulties isn't noticed exactly but don't just loosen up your belt because it might crash unexpectedly. It's nice to prepare before everything is too late, so keep holding your funds and don't decide quickly and don't be bothered immediately with speculations that will divert your mind over reality. The price of bitcoin is rising and I know it's a big struggle to most of the investors to maintain that neutral emotions, like nothings is happening great and all in their minds were another great rise to happen. Holding doesn't stop at one glance, but it may take several months or even years to go before we can see we hit that bulls eye.

Selling my bitcoin it is easy because I have the facility in my country. I usually use okpay for my transactions. I will contact them for selling my bitcoin and they will pay me in my local currency if I need and if need any other currency they will transfer that one.

So for me selling my bitcoin is not a problem. Anytime I can sell out my bitcoins with okpay. There is no difficulty and the whole process is very easy.

Yes the bitcoin is the other source and the income of the bitcoin because now a lot of the people are buying the bitcoin and they are having the great investing strategy in the bitcoin at the very short timed. The bitcoin now has become the world currency and the circle of the bitcoin will help you to buy a lot of the things as the other source of the bitcoin.

Selling bitcoin in my position is not a hardway because being a bitcoiner you must know the transaction of selling and buying bitcoin/ethereum in order to gain fiat money  or  vice versa.i moslty use ether delta platform in transacting this kind of trading,and i think that there's no limit in buying and selling bitcoins/altcoins as long as your not in cut off time.

When you do crypto trading you will understand all, try to explore some big exchangers such as poloniex, bittrex or hitbtc. Use bitcoin to trade other altcoins, it has btc market, usdt, ethereum and xmr.

Yes they both same. In buying and investing, you need to go in bank or make a transaction in wallet with load and its the same with cashing out. You can cashout using bank or with load in different process but same work.

Coinbase makes it very easy to cash out. I think it just depends on the service you have to buy bitcoin, and local laws/regulations.