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

in #bitcoin7 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).

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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.

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