Topic: Isit worth withdrawing $20 in Bitcoin - page 3. (Read 852 times)
I run a full node with a couple of wallets, so I'm not too bothered about the storage, and I don't plan to spend it, I'll just add it to my Bitcoin savings. I might mail the seller to see what he thinks of current transaction fees, he may be using a cheap option as transfer time is usually two or three days. This may be the result of the optimisation of his acquisition of Bitcoin. The last transfer was for a couple of hundred dollars worth, so maybe I should wait for the balance to build up a bit.
Well if you just plan to buy, sure you can if someone offers this small of a btc-fracture.. just make sure not to transfer this amount anywhere because that will already et up half the value. but for storing it somewhere you purchased it, itll be just fine and you can add more later on before its worth to deposit the bunch to a safer wallet/exchange or whereever you wanna put it.
I've got a sales account with around $20 in credit, and I can withdraw this in Bitcoin. I don't use Bitcoin for purchases, so I haven't been following the transaction costs. I've got two concerns -
- By waiting to withdraw this money, I may find that the rise in the Value of Bitcoin reduces the amount transferred.
- The transaction charge will be too high, and it will make withdrawals like this uneconomic.
The money is for savings, and I don't need it immediately. I have a continuing relationship with the seller, so I am likely to have more sales in the not too distant future. The big question is - Should I grab the money now, or should I hold off for a drop in either the value of Bitcoin, or the transaction fee?
- By waiting to withdraw this money, I may find that the rise in the Value of Bitcoin reduces the amount transferred.
- The transaction charge will be too high, and it will make withdrawals like this uneconomic.
The money is for savings, and I don't need it immediately. I have a continuing relationship with the seller, so I am likely to have more sales in the not too distant future. The big question is - Should I grab the money now, or should I hold off for a drop in either the value of Bitcoin, or the transaction fee?
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