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From UK, Withdrawing a LOT of bitcoin - Advice
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Topic: From UK, Withdrawing a LOT of bitcoin - Advice (Read 1441 times)
Das
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Re: From UK, Withdrawing a LOT of bitcoin - Advice
July 21, 2016, 06:40:23 PM
#21
Since you will be paid in bitcoins, you do not have to cash it instantly. You might just sell one bitcoin a week, keep some of the coins till the price rises then sell, you will make more money that way.
toicamp
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Re: From UK, Withdrawing a LOT of bitcoin - Advice
July 21, 2016, 06:55:36 PM
#22
Quote from: Das on July 21, 2016, 06:40:23 PM
Since you will be paid in bitcoins, you do not have to cash it instantly. You might just sell one bitcoin a week, keep some of the coins till the price rises then sell, you will make more money that way.
ussualy saiyng this likes to be the better choice for btc to be used you can keep good amount and by week take one or 2 btc into fiat and live good still
gentlemand
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Welt Am Draht
Re: From UK, Withdrawing a LOT of bitcoin - Advice
July 21, 2016, 07:21:55 PM
#23
Quote from: h3rlihy on July 21, 2016, 06:23:21 PM
I just use Xapo & e-coin debit cards and don't need to sell to sterling. Has been working out for me. I know if I started selling shitloads of coin on LBC my account would probably be closed inside a month
What are the fees like in that situation? You're still liable to get some snooping from Xapo if you had huge amounts coming through.
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