How do you withdraw a profit?

[paxmao]

I use an exchange that is able to convert into my local currency and then simply sell. I don´t need any complex infrastructure because I don´t move lots of cash.

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[azizsatrasia68]

If tou believe in your tokens and their projects i suggest to hold for long term for big profits, if you are in need of urgent cash then yes you can cashout at whatever the price you get and at the moment most alts are cheap so you will have to accept the current prices if you want to cashout now.

You are right, if you want more profit and believe in your coins, then you have to wait for the market to start to grow. You have to accept low prices when you urgently need money. I also sometimes need money and I have to sell my coins at low prices.

I also took such a step. I wait and keep holding tokens until the price I want, because the current market situation is cheap, not much profit will be earned. I took the decision to hold on to the belief that the object will develop. If I do not have that belief, I tend to sell it quickly so as not to trade in losses.

[princesocapuyo]

If you need money and you are holding tokens and altcoins, you can convert them into ETH or bitcoin and send them out to whatever site offers selling your bitcoins into your local currency and then you can withdraw your money from there. As long as you can find an exchange that is willing to convert cryptos into your local fiat currency and transfer to your bank account then you can get as much as you need.

[sandialoveth]

It truly relies upon your technique however for the most part, individuals that exchange digital money like to offer all when they are taking their benefits this is on the grounds that when a particular coin achieved the sum where an individual conceives that the cost may fall in the wake of hitting that esteem is that it will begin to go down, and we definitely realize that those new coins or tokens have low volume that can be effortlessly pumped and dumped by enormous financial specialists. In any case, in Bitcoin it is unique, I have Bitcoin for exchanging and Bitcoin for long haul property this is on account of it has the most astounding opportunity to acquire an incentive later on

[jasonhart]

I think you need to have faith on your tokens and their plans behind it. I personally prefer long term investments. If you have enough patience,  then try holding your coins. You won't be disappointed.   

[leoliln45]

Thanks for explaining your procedure. I am quite new to this and I haven't withdrawn my profit yet. So, this post is very impotant for me. Got to learn few things about crypto currency.

[Kaller]

You really just have to convert the profit that you have made to a more easily exchanged coin like bitcoin and ethereum and you can transfer it to a wallet that supports it being exchanged into your local fiat currency and then you can withdraw the money into your bank account and then buy whatever you want with it. Don't just rush to withdraw because it is always a good idea to reinvest your profits

[lucian999]

you can easily withdraw profit from jan if you sell Altcoin to exchanger then you can withdraw it and place it on the bitcoin wallet but you must secure your wallet with 2FA so you can not just steal your funds or bitcoin

[valentine401]

Hello everybody! I am very glad that our forum is people who are ready to help and tell everything so that our crypto community becomes stronger. I have such a question. How do you withdraw your profits?
I will explain with an example:
I withdraw my profit like that - I have a MEW wallet, there are tokens, if I need money, I translate them on ETH and then on to Fiat, as necessary. 20-30 $ in 1-2 days. And how do you do it? Do you take the whole amount off the tokens at once, fixing the profit at the pamp? Or, also output in small volumes. I'm curious to know how to do to lose less. Thank you)

You can always look for an exchanger in your country but the first thing you need to do is just look for an application that resides in your country that can convert cryptocurrency on your own fiat in order to determine that you can really use coins or it is legalize in your place.

[kwabeedat]

I don't really get your question. Do you mean you want to get the increment out and them still continue to keep your holdings? If so then you have to be selling them for ETH/BTC, and maybe split them (profit and your initial deposit). You then wait and buy again with your deposit when it dips. But if not so, I think you can convert all to ETH/BTC and then cash out or HODL.

[bitcok]

what in your country and there is no ETH / BTC exchange to your local currency?
you should immediately exchange the coin you have to ETH then to your local currency because in the month now coin value is very abnormal, as in my natural, I now have suffered huge losses.

[WAKKOCAI]

I get the main profit from bounty campaigns and airdrops and I sell coins and tokens on the stock exchange and then I try to transfer them to my multicurrency wallet right away.

[withche.07]

I generally withdraw amount I am going to spend in a month. So it depends on buy limit of me, sometimes new computer, sometimes renovations for house. Generally is better to do it as you wish.

[tobaccoleaf]

It is best to make an exchange for cash directly with people, so you will not pay commissions. Especially when it comes to large amounts, more than 1 bitcoin.

[Svelto]

Selling part by part or 1 lump sum depends on the fees of your exchanges to fiat. For example coinbase charge higher fees for transaction below $200. In this case, selling more than $200 will make sense.

[grumpylittlepoodle]

Hello everybody! I am very glad that our forum is people who are ready to help and tell everything so that our crypto community becomes stronger. I have such a question. How do you withdraw your profits?
I will explain with an example:
I withdraw my profit like that - I have a MEW wallet, there are tokens, if I need money, I translate them on ETH and then on to Fiat, as necessary. 20-30 $ in 1-2 days. And how do you do it? Do you take the whole amount off the tokens at once, fixing the profit at the pamp? Or, also output in small volumes. I'm curious to know how to do to lose less. Thank you)

Yeah, that's what i'm doing if i already get my profit but i don't have wallet or tokens so i prefer to buy and put my entire money in coins so that it will grow faster. I withdraw my profit if needed like i don't have enough cash but i need to buy something important like medicines, foods.

[miraxgr]

Most of the tokens that I have, I keep a minimum of 1-2 years. At the same time, I constantly monitor the price fluctuations for these tokens. During the strong pump I fix part of the profit, and if possible after the correction, I buy coins at a lower price. Thus, I increase the number of available tokens and get a little profit, which I bring to Fiat.

[bering]

i was withdraw my profit to another wallet and if the amount of profit enough to reach my goal then i would withdraw it and convert to my local currency through my local exchange but sometimes too i was hold a much longer my trading profit from the particular coins if those coin facing uptrend situations

[jhowww]

This is a matter of personal choice. For instance, my plan A for this year is to withdraw at the end of the year, given that the market is healthy and with the assumption that btc will hit another all time high in Q4 of 2018.

[TTITA]

I withdrawing my current profit from trading by end of the month regularly. I do active doing trading on some market at work days monday up to friday, for a whole month, i will calculating how many profit i got or loss receiving. For withdrawing, i will take out my profit only but leaving my capital still on my wallet for my next trading, and i do hold my asset in current Btc for weekend.