Hello dear fellow Baronesses and Barons,
as I watched a Youtube Video of one of those many"Cryptoinfluencers"yesterday, that one made a statement that somehow make me think.
He mentioned that in the last Bullrun 2017/2018 he was not prepared for this.That during that time some exchanges could not handle the massive applications for new accounts and hence were sometimes even "offline" like Binance and Coinbase, so that he could not cash out in time and lost some of his possible gains.
That what interests me is how you are handling/preparing yourself for this situation.
Regarding me I have to admit: thus far I have not cashed out before. Till now I have been just hoddling and building up my portfolio.
I have two platforms where I could cash out:
1st) Coinbase
2nd) Bitwala (is a german Bank where I can buy BTC and ETH directly from my EURO-FIAT-ACCOUNT)
What about you?
Do you have multiple accounts? If so which ones? What are your strategies for cashing out into FIAT ?
I guess that these questions are of importance as we are getting into the second half of 2020, a lot of positive development happening in the space etc.. so we could be expecting very nice gains in 2021. So I thought: Let's be prepared.
Thx for your opinions
as I watched a Youtube Video of one of those many"Cryptoinfluencers"yesterday, that one made a statement that somehow make me think.
He mentioned that in the last Bullrun 2017/2018 he was not prepared for this.That during that time some exchanges could not handle the massive applications for new accounts and hence were sometimes even "offline" like Binance and Coinbase, so that he could not cash out in time and lost some of his possible gains.
That what interests me is how you are handling/preparing yourself for this situation.
Regarding me I have to admit: thus far I have not cashed out before. Till now I have been just hoddling and building up my portfolio.
I have two platforms where I could cash out:
1st) Coinbase
2nd) Bitwala (is a german Bank where I can buy BTC and ETH directly from my EURO-FIAT-ACCOUNT)
What about you?
Do you have multiple accounts? If so which ones? What are your strategies for cashing out into FIAT ?
I guess that these questions are of importance as we are getting into the second half of 2020, a lot of positive development happening in the space etc.. so we could be expecting very nice gains in 2021. So I thought: Let's be prepared.
Thx for your opinions