RE: What is the best way to cash out Bitcoin to USD?

You are viewing a single comment's thread from:

What is the best way to cash out Bitcoin to USD?

in bitcoin •  7 years ago 

My question to this is: why do you need to cash out anyway?

  1. The BTC Price os very low now,
  2. This crypto correction will go away sooner or later, so the prices will come back to normal.

If I were you, I would exchange BTC into some other currency, for cheaper transaction fees and faster transactions. And then transfer that other coin into some coin which has a physical card (Monaco, TenX, Spectrocoin, etc...).

(Just watch out those too, because VISA few weeks ago, stopped some services to TenX).

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I'm not a financial advisor, so please keep this in mind,

but, the buzz around the web is that BTC price might go even lower... if something goes down from almost $20k to under $7.5k in a couple of months, can we call it a CRASH instead of a CORRECTION?

Thats true. But eh. I just don't want to lose my initial investment.