Nothing is a guarantee with investments, but go and look at the 5 year RSI chart with bitcoin, its something i never ever seen before. In the stock market, youll never see an RSI chart this predictable and right now it's approaching the bottom portion of the up and down trend ready to skyrocket up once again.
https://bitcoincharts.com/charts/bitstampUSD#rg1460ztgSzm1g10zm2g25zi1gRSIzv
Topic: Has anyone successfully withdrawn large amounts of money from bitcoin exchanges? (Read 687 times)
July 14, 2017, 11:44:45 PM
July 14, 2017, 11:41:31 PM
No, I don't think either Gemini nor GDAX/coinbase will scam you.
A 60% gain is a lot, and it is obviously not a guarantee that you will be able to make money, let alone being able to increase your money by 60%, and trading crypto is a very speculative activity.
A 60% gain is a lot, and it is obviously not a guarantee that you will be able to make money, let alone being able to increase your money by 60%, and trading crypto is a very speculative activity.
July 14, 2017, 11:37:44 PM
Thats good that you vouched for both GDAX and Gemini as those were the two i was most interested in. Im looking to deposit around 30-35k and make around 60% gain according to my technicals, which should put me around 50k USD. You think Gemini or GDAX will scam me when it comes time to withdraw? Ive just heard way too many horror stories on google. Please put me at ease.
July 14, 2017, 11:29:43 PM
Ahhh, so you are asking about withdrawing USD.
In 2015, I was able to withdraw (low) five figures of USD from coinbase/GDAX once or twice, and in 2016/2017 I have made several withdrawals cumulatively totaling in the mid 6 figures from gemini.
In 2015, I was able to withdraw (low) five figures of USD from coinbase/GDAX once or twice, and in 2016/2017 I have made several withdrawals cumulatively totaling in the mid 6 figures from gemini.
July 14, 2017, 11:21:24 PM
Lets say i deposit 30k USD on coinbase or bitstamp and then buy about 15 BTC etc. I then sell my bTC later on for a higher price. I now have a much larger USD balance and want to transfer this to my bank. Has anyone made a successful large transaction on any of these big exchanges without problems?
July 14, 2017, 11:14:20 PM
Are you referring to withdrawing USD or crypto?
July 14, 2017, 10:53:46 PM
I really want to buy some bitcoin soon as it's approaching the buy level for me from a technical perspective and have called this pull back for quite some time now. I have been researching all the top exchanges for the past weeks, but from reading reviews online, there seems to be many who have had trouble withdrawing and I havent seen one person post that they successfully withdrew any large amounts of money. Has anyone withdrew lets say 50k+ from a bitcoin exchange like Bitstamp or Coinbase, GDAX, Krakken, Gemini, etc?
Please someone respond, it looks like im gonna miss the boat unfortunately due to paranoia, but the paranoia is well warranted, i just dont trust these exchanges from what ive seen so far and from the lack of big successful withdrawals posted from anyone.
Please someone respond, it looks like im gonna miss the boat unfortunately due to paranoia, but the paranoia is well warranted, i just dont trust these exchanges from what ive seen so far and from the lack of big successful withdrawals posted from anyone.
Jump to: