this post was submitted on 14 Jun 2023
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Bitcoin

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cashing out (feddit.it)
submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]
 

Questions: have you ever cashed out a quite substantial (meaning life changing after paid taxes) amount of money to fiat ? Or do you spend it monthly from your savings using tools like prepaid cards ?

The only time I really spent some crypto was with a bitsa card as an experiment but it was just a couple of flight tickets worth.

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[–] [email protected] 0 points 1 year ago (1 children)

I've had a completely hassle free experience, no one even mentioned it.

[–] [email protected] 0 points 1 year ago* (last edited 1 year ago) (1 children)

many digits tho? Like OP, I'm worried when I finally pull the trigger and sell 7 digits USD in one go.

[–] [email protected] 3 points 1 year ago

6 digits, about 10 times.