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Author Topic: What to do with cash from sales  (Read 771 times)
bitcoinissatan
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August 07, 2017, 07:52:48 AM
 #21

I sell some bitcoin because of the importance of family needs. and
Before I sell some bitcoin and reinvest some of my altcoin trade. But now the price is getting higher and I feel comfortable to save the bitcoin itself for the future
aTriz
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August 07, 2017, 08:12:17 AM
 #22

Hi guys, what do you guys normally do with the monies? keep it in exchange for future purchases or transfer it to your bank account.

And if the latter do you then put it in the fixed deposits for stable interest rates?


Well the monies in this question, are the monies that are in question here, monies from selling your Bitcoin when it is high? If so here is what I do:

I keep all my money from selling Bitcoin when it is high in a special account that is nicknamed "For Bitcoin". All of the money I make off Bitcoin, I keep in that address and wait until bitcoin drops again this month is a good example.

Had around 10K to invest, sold a couple of Bitcoin a while back and also sold some Bitcoin I earned from signature campaigns. With that funds I bought 5 Bitcoin during when it was only 2k. After 2 or 3 days when Bitcoin recovered to 2.7K, I sold 2.5 of those bitcoins. Now since the price is at 3.2K, I sold 3.5 bitcoin and keeping the rest of it and holding until a price dump or another huge pump.

mace15
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August 07, 2017, 08:46:23 AM
 #23

I sell some bitcoin because of the importance of family needs. and
Before I sell some bitcoin and reinvest some of my altcoin trade. But now the price is getting higher and I feel comfortable to save the bitcoin itself for the future
That's a nice idea saving bitcoin for the future. For me what I did was I save bitcoin also and some of it I convert into fiat. Saving and hold some of my btc so I can earn atleast profit and cashing out some of my sales when Im in need of money to cover my financial need to support my family.
whitemacna
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February 23, 2018, 11:34:35 PM
 #24

Are you talking about sales from selling crypto? I personally only sell what I have to, which is pretty much just loans. I put almost all of my other earnings in bitcoin.I sell only a small percentage of my bitcoins by transferring it to my localbitcoins wallet to meet my family expenses.I always plan to save the remaining bitcoins safely in my wallet for my future.
JebediahBullfrog
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February 23, 2018, 11:36:16 PM
 #25

As much as I love crypto-investments, I think diversity is always key to the strength of your portfolio. It's said a million times but is so important I think: Only invest in crypto what you're willing to lose tomorrow.

Volatility goes both ways (As 2018 has shown us yet again!)  Smiley
kingkonjac
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February 23, 2018, 11:46:12 PM
 #26

if I have a goal and reached my goal from sales than I would send it to my bank and spend for my planes. If I have enough money I would invest in ICO`s or trade in exchange, it all depends on what is my strategy.

rain_017
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March 02, 2018, 11:47:31 PM
 #27

If we take a look the real matter in this time we must invest cash from sales because on the bank youre money will remain the same amount even you do it for a year. The interest rate is very small.
Bervelukan
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March 03, 2018, 12:20:01 AM
 #28

To keep on deposit I will never do it because of the slight gain, I usually buy some of the assets in the form of land and objects that the future can be worth high selling, and some invest it again in bitcoin.
elizavetausova0112
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March 12, 2018, 08:18:23 AM
 #29

I have been investing for 2 years at the first time there have been falls but now I am earning money successfully.
heureca
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March 12, 2018, 08:22:00 AM
 #30

I try to divide criptocurrency and fiat savings. So I do not withdraw criptocurrency deposits because I believe in blockchain technology development and its application.

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wertanto
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March 23, 2018, 12:09:27 PM
 #31

cash I spend on shopping in stores. and here is which I has accumulated and lie on a map I invest in different projects Grin
And2816
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March 23, 2018, 12:19:18 PM
 #32

Bлoжить в инвecтиции- в любyю кpиптoвaлютy кoтopaя yпaлa в цeнe.
petrserebrennikov321
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March 25, 2018, 02:55:14 PM
 #33

The matter is that bitcoin has a characteristic feature: payments are confirmed only once in ten minutes (and this in case if everything goes as it should).
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