Avoid losing money with bitcoins

[shesheboy]

Hi

I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.

Thanks

If you are living in the Philippines coins.ph offer that service you can easily convert your bitcoin to fiat and you can convert your fiat to bitcoin, ripple,bitcoincash easily within seconds I'm glad our country offer this kind of service.

Its not a good idea to convert your cryptos to fiats and then bringing them back again to cryptos because you will be facing alot of charges  .  you must decide properly if you really wanted to cash out your coins later that day then thats the perfect time that you will use the convert option or if you decide to secure the value of your cryptos permanently , that is also a wise decision to convert your cryptos to fiats  .

[killat]

If you want to exchange Bitcoin for cash, the easiest way is to use Localbitcoin.

If your Btc already dropped and you don't want to lose money, then don't sell yet. Hold you btc until price will recover. You only lose when you sell.

[Carollzinha]

Well Coinbase is very good. You can exchange your bitcoins, ethereum, bitcoin cash and further more cryptocurrencies directly to fiat without loosing anything except for a small fee.
You should check it also. Also has good referral system and it's faster than every other exchanger.

You can trust Coinbase without any issues.

[calandra78]

I am wondering if there is some sort of site where you can exchange your bitcoins easily

Where you live? some exchange not realy accepted many fiat like USD n EURO when you exchange your bitcoin. so, when you swap it your money will be fiat currency on that exchange country, i thing you have to choose your country exchange or you can do outside your country, then transfering into your country exchange

[Ruffian1314]

Where you from? because many trusted sites where you can convert your bitcoin to fiat money. Coinbase is
one of the trusted web wallet where you can convert your btc to fiat. Also exchangers are used to convert btc too. Make a little research to find out yourself what are those.

[Kakmakr]

Just remember one thing, if you sell your bitcoins for fiat, it gives you a fiat balance on the local exchange database and it is not fiat until you withdraw it to your Bank account. We always warn people not to store large amounts of bitcoins on exchanges, but we forget that they also hold large fiat balances on these exchanges. 

Some more experienced traders use bots to trade for them, to reduce the possibility that they would loose money on their Crypto trading. 

[okala]

Most of the exchange site offer such services that enable you to convert your crypto to faint money and having it transferred directly to you traditional bank account, but the popular way we are exchanging bitcoin to paper money now is by selling it to other buyers in your local currency who then transfer the money to your Bank account and this is normally done using an escrow platform like remitano they offer such services you can give it a try.

[muslol67]

Hi

I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.

Thanks

Obviously, what you're talking about is all about the purpose of stablecoins. But of course it is not a FIAT, but a USD-backed crypto return.

[btc_angela]

Hi

I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.

Thanks

If you are living in the Philippines coins.ph offer that service you can easily convert your bitcoin to fiat and you can convert your fiat to bitcoin, ripple,bitcoincash easily within seconds I'm glad our country offer this kind of service.

Well coins.ph is local to Philippines only, but yes it can do the trick. But for the OP, a lot have been suggested, go to trusted exchange like Binance and then easily liquidate your bitcoins there. But as you have describe, you seems to be describing the purpose of USDT, https://info.binance.com/en/currencies/tether

[samcrypto]

Hi

I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.

Thanks

Its possible if some good exchanges available in your country. Here in my place we can easily convert cryptos to fiat money but you have to monitor the market as well. You can uses some application where you can monitor your coins, blockfolio is great.

[Johnzky]

Hi

I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.

Thanks

Most of the exchanges offers this feature so theres no questions abiut that,the real question is when will you be needing to exchange the bitcoin because crypto is volatile,it may drop in a minute and grows in the next.this is the major problem of each investos the right timing when to enter and when to go out

[dirkdekeizer]

Thanks for all the info.

I am more looking for something like Skrill. You can transfer your normal money in bitcoins and transfer back in normal money.
Sadly you can't withdraw bitcoins so it's just for investing.

I live in Belgium and I am under 18 (but I can use fake identity proof but no selfie etc)

I got around 1 BTC and I am looking for some site where you have like a bitcoin wallet and a normal wallet and that you can transfer money between those wallets

[qwertyup23]

Hi

I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.

Thanks

Check your local exchange platform if they have this option. Fortunately, our platform offers conversion from bitcoin to fiat or the other and also various services where you can use your bitcoins to pay online stuff or game credits.

Just remember one thing, if you sell your bitcoins for fiat, it gives you a fiat balance on the local exchange database and it is not fiat until you withdraw it to your Bank account. We always warn people not to store large amounts of bitcoins on exchanges, but we forget that they also hold large fiat balances on these exchanges. 

Some more experienced traders use bots to trade for them, to reduce the possibility that they would loose money on their Crypto trading. 

This is actually very informative. You need to be wary of banks as they often question your deposits and the origin from where it came from. I know someone who cannot fully withdraw his cash since the banks froze his account due to potential money laundering schemes.

[hahay]

Hi

I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.

Thanks

I don't understand what you want, basically if you want exchange bitcoin to real money then as soon as you sell bitcoin to real money and then the transaction will be finished soon. But, what do you want or do you mean it might be trading without wanting to lose? Any form of loss will definitely occur and if you continue to be afraid to lose, you will never be able to learn every mistake and you will be difficult to make a profit.

[teejayrichard2]

I don't know of any site where you can exchange crypto to fiat with ease but I know an app which I have been using for so long in exchanging my Cryptos to Fiat and fiat to cryptos. Am talking about the luno app. Its an app you can use with ease as they  credit your bank account with ease. Go to app store and download it from there and use it with ease.

[eann014]

Hi

I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.

Thanks

It is easy to exchange your bitcoin into real money, there are already a lot of sites that can offer that and even some of the bitcoin wallets now can offer us that. And what do you mean from transferring back to avoid if btc drops? Do you mean transferring back your real money to btc? If you need to transfer your money back to btc, there is no way to do that, you need to buy another set of your bitcoin again.

[baghdatis1990]

       Of course there is such a thing. There are many exchanges that offer you the opportunity to change your BTC in USD and withdraw it on your card. It is logical that an investor who invests in cryptomones will have the opportunity to withdraw their investments sometime. I recommend a well-known exchange that also has a light user interface. This is https://www.binance.com. It is the most known exchange today and many investors use it. Good luck!

[gilangIDR]

Hi

I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.

Thanks

There are many exchanges that provide these services, you can use international services and even many services in your country. Bitcoin is now very easy to access and use, the willingness and curiosity about using Bitcoin is good which will determine whether we are comfortable using Bitcoin or not. Changing Bitcoin to FIAT currency is easy and only requires a few steps depending on the regulations in the exchange.

[proTECH77]

My contribution will be base on the subject; Newbies are to be mindful of losing money invested into bitcoin without proper individual research, and also, they are not encourage to get involve in trade because trade involve skills to avoid looses at the end. But, there must be lose before gains even in the real world, so, invest what you can afford to loose, if luck on your part, then gain more.   

[joeperry]

Most of the major exchange site are offering this kind of exchange which is the USDT. So what is USDT?

According to 99bitcoins.com: "Tether is something of a hybrid. It’s a cryptocurrency that a government has declared to be legal tender, but is not backed by a physical commodity. For example the US dollar, the Euro and almost any other country related currency you can think of. "Fiat" “stablecoin.” Its value is pegged or rather, tethered—to the value of fiat currencies.

USD₮ is the currency that Tether most frequently uses. Tether has been pegged as being equal to the world’s official reserve currency: the US Dollar. More specifically, 1 USD₮ is intended to remain exactly equal to $1—not a cent more or less. It’s basically a crypto dollar"

So if you really afraid of the volatility of the market then you should immediately exchange your cryptos to USDT and if you're ready to take risk again then buy a crypto using the USDT again.