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When you withdraw, do you keep it in crypto or convert to cash?


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Posted

When I withdraw, I almost always convert it to cash, except if I am trying to invest crypto or save it too see if the price raises. However, because of how innovative and improving the world is becoming, do you guys keep your withdraws in crypto and just buy things with that, or convert to cash and buy things that way? I personally do cash because it's easier but I can understand crypto, whats all your takes on it?

Posted

I usually keep it in crypto wallet if I ever win at Stake and will cash out the amounts I actually need and exchange it to fiat currency.

Posted

I tend to do a little bit of both when I win and cash out.  Generally I'll keep about half in crypto and send the rest to my crypto debit card.  I can use the card/cash if I want to for every day purchases and I usually tuck away the crypto for a rainy day and HODL it.

Posted

whenever i actually get a great win most of the time ill withdrawl half of it and convert back to cash which is sent to a seperate debit card then with the other half ill usually depo at a few of my favorite places with hopes to hit some more.......i remember one time i won 6 grand in btc and i cashed out 3 to my card and with the other 3 grand i gambled for a few weeks at one point those 3 grand turned into another 8 or 9 then i busted that in like 3 days, i was way way way under the influence making stupid bets then i realized i had like $5 left and said fuck it im going to sleep

Posted

Well, I keep half in crypto, not only these 6 coins we got on stake but many alts, currently having balance in like 14 of them, gonna mention them later.xD So the rest half goes for my own fun and real life stuff.

Posted

 

if the needs in real life are very urgent, I prefer to exchange crypto into cash, but if there is no need in real life I choose to save it or switch to coins that are cheap and hope to rise in the next few months.

Posted

as of now i have 3.2 in my ledger.. waiting to reach 4 from what ever value it is when i reach that point.. it will be converted to cash. and ill be good and set.. took time and i can seriously say stake was a big part of it.. took a lot of grinding. and that is no joke.. what ever i sent to my ledger i have never touched or use it to deposit.. hopefully by next week or sooner i reach that.. 

Posted

i didt withdraw and store in my external wallet after my wallet hacked.. i sent to exchanger directly and turn to cash. when i need to bet somthing going to buy directly.. is more safe i think. but sometime got trouble i exchanger cant sell .. not sometime is like every time. they want to buy only didnt went to sell :(

Posted

I dont do any one specific thing. 
Sometimes I leave it in crypto and sometimes I'll convert it to cash.
I've also used bitrefill and got gift cards or other things that they offer.
I have been highly debating getting the debit card you can send your cryptos to and then use it as if it were actually cash.
That seems to be the most convenient of options really. 
As for now, I guess there is just a lot of different things that it would depend on when it comes to whether I choose to leave it as a crypto or convert it to cash.

Posted

When I withdraw, I cashed out into dota2 skins market and resell to my country people  most of the time. Sometimes I transfer my into some sites to do challenge (example primedice) . 

Posted

Usually I don't convert to cash unless its a significant amount or I need it for IRL purposes. However, converting it to cash is usually saves me from re depoing fast later and will help me re-evaluate if its a good idea to re-depo at all. Usually I go with it not being a good idea for obvious reasons.

Posted

I keep it in crypto for a while and then after sometime when i feel like i need a bit of cash i sell them and get cash or convert if you mean . But i mostly keep in crypto to be honest.

Posted

Most of the time I keep my withdrawals as crypto, I only convert it into fiat whenever I needed extra cash or when I need to pay my monthly internet bill. I don't straight up convert my withdrawals into cash as I believe in holding.

Posted

I keep all the crypto in vault, or withdraw and convert it into cash instantly. I take stake as a wallet when I can store my funds safetely, cuz there is a little bit effort needed in order to withdraw the funds from the vault ;D

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