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cashing out (feddit.it)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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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] 2 points 1 year ago

Yeah , thanks, good that it worked out so well for you. I put for the long term, but way less money (it was starting to get really interesting at the peak) I cashed out exactly the fiat money i put in.

maybe i'd like a credit card with the balance still kept in bitcoin and converted just in case. With my bitsa once you sent an amount, it's suddenly converted