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/biz/ - Business & Finance

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8482525 No.8482525 [Reply] [Original]

So, I've been lurking this sub for a while as well as r/cryptocurrencies.
Is there anyone that has cashed out more than 10 000 $ ?
Is there anyone that has actually cashed out a single penny ?
I'm legit curious. All this talk about coins and I have yet to see proof of someone actually cashing out a big amount of money.
Please enlighten me.

>> No.8482697

I say this with shame that I cashed out during the 6k crash in Feb mainly because I owed taxes and thoughts of it going to like 1k BTC and me owing the JewRS made me sick. So yeah I sold 40k to gdax and then 10k to my bank account.

>> No.8482727

>cashing out before 2020

Shiggidy

>> No.8482742

>>8482525
>cashed out
lol newfag
you can't cash out

>> No.8482767

Cashed out 25% each at 2k and 4k on the way up, hodling the rest. That was 15k so far.

>> No.8482783

>>8482525

Everyone knows you can't cash out, don't let them lie to you.

>> No.8482818

>>8482525
I did it in January through Gemini. Just send your btc/eth, sell for USD, and wire to your bank account. I cashed out $75k with no issues.

>> No.8482825
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8482825

/biz/ - Buy High Sell Low

>> No.8482893

>>8482767
can I ask you a serious question about bitbean

>> No.8482910

>>8482525
>lurking this sub
Subtle, 5/8

>> No.8482936

>>8482525
i'm 18 and in the middle east and even I managed to cash out 20k usd I have no clue how you people in first world countries struggle to cash out

>> No.8482940

cashin out is gay. We dont gay. We eat and sleep bitcorn.

>> No.8482992

Why is there a new autistic moron asking this question every month?

If there was a way to like press a button and just have you autistic morons killed we could get on without having to read this stupid shit constantly.

t. Have cashed out more than 150k.

>> No.8483012
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8483012

Cash out? What about the cryptocurrency revolution?

>> No.8483031

>>8482893
Sure, ask away. I don't know anything about bitbean though.

>> No.8483061

>>8482525

Cashed out $150k at $15k on the way down. Early adopter though, so still have plenty.

I only own BTC and LTC at the moment. Made all my gains through BTC appreciation and ETH appreciation but traded between, BTC, ETH, LTC, and XMR only.

That said, I know someone from a fund who cashed out $550 million at the top. Started with $2 million in 2014. Those are the guys running the game.

>> No.8483135

I cashed out. I now have a condo on my wrist and a condo around my neck.

>> No.8483160

>>8482525
>>8482525
>lurking this sub
This is not a sub, redditfag

>> No.8483193

>>8482525
>he doesn't know that you can't actually cash out
everyone that tells you differently is just lying, sorry anon.

>> No.8483297

>>8483061
Who actually has that much money laying around to give out in exchange for "imaginary" tokens ?
150k is a lot, not to talk about 550 mil.
Do these exchange companies earn so much money on small transactions that they have enough real life money to pay out 550mil ?

>> No.8483357

>>8483297
It's not the exchange's money, baka. You're not selling to the exchange. You're selling to other people on the exchange. It's their money.

>> No.8483489

>>8483357
Yes but someone has to buy that at once or you're stuck with literally over 9000 offers, waiting for the cash ?

>> No.8483634

>>8483489
Well obviously you don't place a market sell order for 500 million or you'd crash it harder than mtgox. So you place small orders over a period time.

>> No.8483807

Assuming that guy did cash out 550 mil, he had to put 55 000 sell orders of 10 000.