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How did you sell Bitcoin? For cash? Was it dangerous?

• 3pt14159 8y ago
  Well I mostly got out at $200 because I thought competent people regulated our economies and figured crypto would be banned by regulators, so it was pretty easy to spread it out over a couple wires. The remaining chunk I sold at the $10k-$20k window. I still think it could hit $50k/coin, but it was too large a percent of my assets and I figured I'd already made such a crazy return (1000x on average I think?) that squeezing out another 4x or 5x seemed reckless. If only I hadn't been relatively broke when I bought in. I was suffering burn-out and basically working odd contracts here and there to keep the lights on.
• AgentME 8y ago
  If you're in the US, then Coinbase and Gemini are mature exchanges that you can directly transfer dollars to or from your bank account. I assume he probably used them or an exchange like them.