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Held as ETFs? Assuming it's in big ones like VOO, they can see $400M turnover in a business day, so if you're not picky about getting the best fill price and ju
by Veratyr 9y ago
Held as ETFs? Assuming it's in big ones like VOO, they can see $400M turnover in a business day, so if you're not picky about getting the best fill price and just sell at the bid, you should be able to do it within a minute or two. You can then call your broker for a wire transfer and have it in your bank account within the same day.
- aminorex 9y agoOr ask for a Bitcoin transfer and have it in seconds.
- robk 9y agoWell 45 min to 1050 min actually https://blockchain.info/charts/avg-confirmation-time https://blockchain.info/charts/avg-confirmation-time
- aminorex 9y agoConfirmations are optional.
- patio11 9y agoBy what pathway do you believe it is possible to start a day with money in Vanguard, end the day with money in Bank of America, and hold ~$1 million in Bitcoin for some portion of the day. Wiring a million dollars from Vanguard to BoA is a routine transaction, despite the degree of surprise that causes some geeks. More interesting commerce happens every day. The Bitcoin transaction you have outlined, though, is not a routine transaction. I'd go further than that: it is impossible.