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RE: % LOST in Power Down to convert back into cash.

in #steemit7 years ago

Once you are in bitcoin, coinbase quotes their fees: https://support.coinbase.com/customer/en/portal/articles/2109597-buy-sell-bank-transfer-fees

So yes, like 5% or less. Most of the gain/loss in converting is actually just timing your sales correctly since the market whips around 10% every couple days. Plan it right and you've paid for your fees.

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thanks mate- it helps to get professional advice - did you see the comment above for 'roomofsatoshi' what a great service for Australians.

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