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RE: Bitcoin (BTC) update - Free fall
Besides localbitcoins.com how else do you sell your bitcoins for fiat? Is it possible to sell bitcoin with a profit when the difference from where you bought and where you sell is just of (let's say) 100 usd?
You can make a profit by buying in the regular exchanges, for example coinbase, or the one which has it cheaper, then sell them in localbitcoins for 5% more. Many people makes a living like this, but you need to be all day in front of the computer & ready to sell any time someones opens a trade with you. I don't think that would be profitable in a down trend, tho. But many of the big users at localbitcoins do this for a living...
You said that you sold your BTC at 3380 USD. On which site did you sell BTC for fiat? Coinbase?
Hey sorry for the late response, I just saw this now. No, I sold then for USD tether at Bittrex
Hi echinox, you can sell your btc on paxful.com