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Topic: How do you withdraw a profit? (Read 326 times)

newbie
Activity: 158
Merit: 0
May 21, 2018, 11:37:18 AM
#43
I use telegram bots (BTC banker, ETH banker etc.), there is the best course and a small commission for withdrawal.
full member
Activity: 378
Merit: 101
May 21, 2018, 11:26:23 AM
#42
ICO is legit with long-term holding potential with their innovative product that solves a problem then I will say you hold it, don't rush to sell once it hits an exchange you will regret it later based on my experience, real price starts when the product launches and it took some months and in rare cases year to complete and be usable, but if you really need to sell it then wait for 1 month after the exchange release because some dumpers will surely bring the price down.
member
Activity: 392
Merit: 13
May 21, 2018, 11:20:45 AM
#41
Well I sell my altcoins and tokens for Bitcoin on exchanges and than withdraw those Bitcoins into my wallet and than later sell those Bitcoins for cash through LocalBitcoins. Although people can also sell their altcoins for Bitcoin and than sell those Bitcoin for fiat on exchanges and later withdraw that fiat directly to your bank accounts.
full member
Activity: 378
Merit: 100
May 21, 2018, 11:19:46 AM
#40
I withdrawing my current profit from trading by end of the month regularly. I do active doing trading on some market at work days monday up to friday, for a whole month, i will calculating how many profit i got or loss receiving. For withdrawing, i will take out my profit only but leaving my capital still on my wallet for my next trading, and i do hold my asset in current Btc for weekend.
newbie
Activity: 98
Merit: 0
May 21, 2018, 11:12:49 AM
#39
This is a matter of personal choice. For instance, my plan A for this year is to withdraw at the end of the year, given that the market is healthy and with the assumption that btc will hit another all time high in Q4 of 2018.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
May 21, 2018, 11:11:42 AM
#38
i was withdraw my profit to another wallet and if the amount of profit enough to reach my goal then i would withdraw it and convert to my local currency through my local exchange but sometimes too i was hold a much longer my trading profit from the particular coins if those coin facing uptrend situations
full member
Activity: 406
Merit: 100
May 21, 2018, 11:09:45 AM
#37
Most of the tokens that I have, I keep a minimum of 1-2 years. At the same time, I constantly monitor the price fluctuations for these tokens. During the strong pump I fix part of the profit, and if possible after the correction, I buy coins at a lower price. Thus, I increase the number of available tokens and get a little profit, which I bring to Fiat.
member
Activity: 224
Merit: 11
The revolutionary AI gaming ecosystem
May 21, 2018, 11:07:22 AM
#36
Hello everybody! I am very glad that our forum is people who are ready to help and tell everything so that our crypto community becomes stronger. I have such a question. How do you withdraw your profits?
I will explain with an example:
I withdraw my profit like that - I have a MEW wallet, there are tokens, if I need money, I translate them on ETH and then on to Fiat, as necessary. 20-30 $ in 1-2 days. And how do you do it? Do you take the whole amount off the tokens at once, fixing the profit at the pamp? Or, also output in small volumes. I'm curious to know how to do to lose less. Thank you)

Yeah, that's what i'm doing if i already get my profit but i don't have wallet or tokens so i prefer to buy and put my entire money in coins so that it will grow faster. I withdraw my profit if needed like i don't have enough cash but i need to buy something important like medicines, foods.
sr. member
Activity: 686
Merit: 257
May 21, 2018, 11:03:06 AM
#35
Selling part by part or 1 lump sum depends on the fees of your exchanges to fiat. For example coinbase charge higher fees for transaction below $200. In this case, selling more than $200 will make sense.
newbie
Activity: 149
Merit: 0
May 21, 2018, 10:59:41 AM
#34
It is best to make an exchange for cash directly with people, so you will not pay commissions. Especially when it comes to large amounts, more than 1 bitcoin.
sr. member
Activity: 549
Merit: 259
Blockchain with solar energy
May 21, 2018, 10:53:13 AM
#33
I generally withdraw amount I am going to spend in a month. So it depends on buy limit of me, sometimes new computer, sometimes renovations for house. Generally is better to do it as you wish.
full member
Activity: 252
Merit: 100
Revolutionizing Brokerage of Personal Data
May 21, 2018, 10:49:23 AM
#32
I get the main profit from bounty campaigns and airdrops and I sell coins and tokens on the stock exchange and then I try to transfer them to my multicurrency wallet right away.
member
Activity: 279
Merit: 10
May 21, 2018, 10:47:01 AM
#31
what in your country and there is no ETH / BTC exchange to your local currency?
you should immediately exchange the coin you have to ETH then to your local currency because in the month now coin value is very abnormal, as in my natural, I now have suffered huge losses.
member
Activity: 308
Merit: 10
May 21, 2018, 10:31:07 AM
#30
I don't really get your question. Do you mean you want to get the increment out and them still continue to keep your holdings? If so then you have to be selling them for ETH/BTC, and maybe split them (profit and your initial deposit). You then wait and buy again with your deposit when it dips. But if not so, I think you can convert all to ETH/BTC and then cash out or HODL.
full member
Activity: 378
Merit: 100
May 21, 2018, 10:17:45 AM
#29
Hello everybody! I am very glad that our forum is people who are ready to help and tell everything so that our crypto community becomes stronger. I have such a question. How do you withdraw your profits?
I will explain with an example:
I withdraw my profit like that - I have a MEW wallet, there are tokens, if I need money, I translate them on ETH and then on to Fiat, as necessary. 20-30 $ in 1-2 days. And how do you do it? Do you take the whole amount off the tokens at once, fixing the profit at the pamp? Or, also output in small volumes. I'm curious to know how to do to lose less. Thank you)

You can always look for an exchanger in your country but the first thing you need to do is just look for an application that resides in your country that can convert cryptocurrency on your own fiat in order to determine that you can really use coins or it is legalize in your place.
newbie
Activity: 144
Merit: 0
May 21, 2018, 10:15:32 AM
#28
you can easily withdraw profit from jan if you sell Altcoin to exchanger then you can withdraw it and place it on the bitcoin wallet but you must secure your wallet with 2FA so you can not just steal your funds or bitcoin
hero member
Activity: 752
Merit: 501
May 21, 2018, 10:12:42 AM
#27
You really just have to convert the profit that you have made to a more easily exchanged coin like bitcoin and ethereum and you can transfer it to a wallet that supports it being exchanged into your local fiat currency and then you can withdraw the money into your bank account and then buy whatever you want with it. Don't just rush to withdraw because it is always a good idea to reinvest your profits
newbie
Activity: 238
Merit: 0
May 21, 2018, 06:24:16 AM
#26
Thanks for explaining your procedure. I am quite new to this and I haven't withdrawn my profit yet. So, this post is very impotant for me. Got to learn few things about crypto currency.
newbie
Activity: 322
Merit: 0
May 20, 2018, 06:49:29 AM
#25
I think you need to have faith on your tokens and their plans behind it. I personally prefer long term investments. If you have enough patience,  then try holding your coins. You won't be disappointed.   Roll Eyes Roll Eyes
newbie
Activity: 266
Merit: 0
May 20, 2018, 03:19:31 AM
#24
It truly relies upon your technique however for the most part, individuals that exchange digital money like to offer all when they are taking their benefits this is on the grounds that when a particular coin achieved the sum where an individual conceives that the cost may fall in the wake of hitting that esteem is that it will begin to go down, and we definitely realize that those new coins or tokens have low volume that can be effortlessly pumped and dumped by enormous financial specialists. In any case, in Bitcoin it is unique, I have Bitcoin for exchanging and Bitcoin for long haul property this is on account of it has the most astounding opportunity to acquire an incentive later on
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