Avoid losing money with bitcoins - page 5.

ASHLIUSZ

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Each and every exchange starting from the small scale to the large scale exchange has got the trading pair of BTC/USDT, people can make use of this pair and keep the bitcoin in terms of USDT. Here when the market is in downtrend the loss can be minimized, but the same will not workout when the market is in uptrend. The value won't grow.

Ahiaba

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Quote from: dirkdekeizer on March 19, 2019, 01:12:27 PM

Hi

I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.

Thanks

Well, all depends on your location as such exist in most of the developed countries of the world. If you have a crypto currency debit card and crypto currency ATM are found in your locality then you will not have any problems on how to convert your crypto currency into fait currency. And you can equally found such a thing with some good crypto currency exchange company that has the option for convertion.

cizatext

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Well you have that option in most of the exchanged, but you title is misleading but if you are looking for where you can convert bitcoin to paper money there are so many ways you can do that through direct debit card into you Bank account or through other bitcoin exchangers ways.

Zadicar

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Quote from: dirkdekeizer on March 19, 2019, 01:12:27 PM

Hi

I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.

Thanks

This is the purpose of Exchange platform existence mostly being mentioned above already by other members.You can simply convert your
Bitcoins to Fiat or just simply on stable coins for you to avoid btc volatility.You can switch or have the opt out to convert as you like.

shield132

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Quote from: dirkdekeizer on March 19, 2019, 01:12:27 PM

Hi

I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.

Thanks

You can easily use XAPO and similar providers where you have bitcoins in your wallet and can instantly exchange them with good fees + it offers you debit card so you can withdraw from any ATM with fixed fee or you can also use spectrocoin instead of XAPO and use their virtual/physical card which allows you to buy things online.
I don't know if you mean anothing other in avoiding btc drop.

LeGaulois

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Quote from: dirkdekeizer on March 19, 2019, 01:12:27 PM

Hi

I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.

Thanks

Yes, it's called a crypto exchange platform that deals with fiat currencies such as Kraken, Bitstamp, Gemini. Simply trade your BTC for €/$/£/Y. Then move your funds or lets them sleeping in the exchange. Or convert your bitcoins to USDT or another stable coin.
Simple as that.

pixie85

hero member

Activity: 2184

Merit: 531

Why don't you first start using proper names. You aren't exchanging bitcoins to real money because bitcoin is also real. The term is fiat money or national currency. Bitcoin is more of an Internet currency or decentralized currency.
Choose an exchange that trades in your local currency. If you live in the EU it will be EUR, for a US citizen it will be USD. https://www.binance.com should suit your needs.

MakeMoneyBtc

full member

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I guess almost every exchange platform offer you this option where you can exchange your bitcoins instantly into USD, and then buy it back whenever you want. You could also use a crypto debit card and withdraw the worth of your bitcoins in real money at the ATM then buy it back again using you card but thats not the best option because it involves to high fees and you also have a monthly limit so it will not help you if you want to make multiple transactions daily.

dirkdekeizer

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Merit: 0

Hi

I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.

Thanks

EDIT:

Thanks for all the info.

I am more looking for something like Skrill. You can transfer your normal money in bitcoins and transfer back in normal money.
Sadly you can't withdraw bitcoins so it's just for investing.

I live in Belgium and I am under 18 (but I can use fake identity proof but no selfie etc)

I got around 1 BTC and I am looking for some site where you have like a bitcoin wallet and a normal wallet and that you can transfer money between those wallets

I can't use a bank account

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