How difficult is it to sell your position?

[stepwilli]

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

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

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.

[1713563921]

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[1713563921]

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[1713563921]

1713563921

[Weawant]

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

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

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.

[gadimbrut]

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.

[yojodojo21]

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.

[Asmonist]

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.

[boyptc]

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

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?

[player514]

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

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.

[johnwest]

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.

[taktik]

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.

[Hasbro27]

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.

[Kemarit]

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

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.

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.

[IAMYOURLEADER]

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.

[eann014]

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

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

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.

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.

[huige007]

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.

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,

[Rinsend]

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

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.

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

[Cindy1983]

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

[GregH37]

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.

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.

[vainhaver]

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

[Hasbro27]

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.

[dunfida]

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.

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.

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.