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Selling my BTC

  • 24-07-2024 2:42pm
    #1
    Moderators, Home & Garden Moderators Posts: 1,928 Mod ✭✭✭✭


    Hi,

    How will you go about selling your BTC/Crypto when the time comes ?

    The reason I ask is to be prepared, and have a plan in place.

    As an example – I have 1 BTC to sell, and in the future, it has reached a price I’m ok with.

    It’s on a wallet, so what do I do ?

    Move 0.25 increments to my exchange, sell the 0.25 BTC and send the Euro to my bank account and then repeat for the rest of my BTC in 0.25 increments ?

    Wait for the Euro to get to my account before the next sale ? Use different exchanges ? Sell all in one go ?

    Just wondering if there any other considerations to take into account.

    Plus – if I want to keep (example $5k) on my wallet, what stablecoin would you recommend or other methods ?

    Thanks



Comments

  • Registered Users, Registered Users 2 Posts: 1,101 ✭✭✭erlichbachman


    Is it just me or does that not read like a bot post, are people using ChatGPT to post for them nowadays?

    Anyways, the answer to your question is that you do not sell you Bitcoin.



  • Moderators, Home & Garden Moderators Posts: 1,928 Mod ✭✭✭✭karltimber


    Hi Erlich, it's not a botpost at all or any GPT either.

    Just a simple question on selling a BTC and any issues faced by folks here in Ireland during the last bull run.

    Do not sell ?, but if we have a blow off top in 2024/25, why not sell and rebuy during a possible 2026 low.



  • Registered Users, Registered Users 2 Posts: 184 ✭✭Mucky_Tackies


    There'sused to be lads on local localbitcoin you could do a trade in person. Dunno where you find the equivalent these tbh



  • Registered Users, Registered Users 2 Posts: 3 halopenos


    I can trade in person, crypto for cash. Message me, I’m in Dublin



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