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/biz/ - Business & Finance

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2177892 No.2177892 [Reply] [Original]

Hey /biz/, newfriend here.

Can someone explain to me the process of cashing out on your coins and cryptocurrencies? Say Ethereum hits an all time high and you want to convert your Ethereum into real world US Dollars, how exactly would you do that?

>> No.2177951

bumping

>> No.2177971
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2177971

>>2177892
New as well, been looking for a quick rundown on all this shit but am stuck feeling like a retard. /pol/ack out of water

>> No.2178000

>cashing out
Hahahahhhaha
Why do you think the value keeps rising

>> No.2178035

>>2177971

Tread carefully /pol/ack /biz/ is fraught with cryptoshills and devs trolling their own coins.

>> No.2178093

>>2177892
You can buy and sell ETH for real USD on Coinbase.com

But you'd have to be a faggot to sell and also you have to pay taxes on your gains. Selling is dumb

>> No.2178115

>>2178093
So when exactly will people begin to sell? Maybe in the future when Eth hits over $1000 or possibly more??

>> No.2178177

>>2178093
Move to Netherlands faggot. No Taxes on trade gains if your bank account has less than 27000 euros in holdings. Also taxes are like 1.5% above that...

>>2178115
>When people pussy out when the shitcoin crash occurs.

>When people have reached their goals

>Occasional cashing out to stay alive in real world

>> No.2178194

>>2177892
You can cash out on coinbase, click on accounts and do a withdraw order. There is a 9000 euro limit/day though.

>> No.2178207

>>2178000
delet this