Quote:
Originally Posted by Wcdhtwn
Here's a question on bitcoin I've never been able to find an answer to, though I haven't researched it too much: if I buy bitcoin, or any other crypto, I pay with US$. If the cryptocurrency increases in value am I able to sell my bitcoin (or other) for US$? Or am I stuck with bitcoin and have to find ways to spend it to enjoy my profits?
I know bitcoin futures start on the CME this weekend, so certainly that's a way to make cash on bitcoin, but it is trading futures, not actual bitcoin.
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https://www.coindesk.com/information/sell-bitcoin/
Yes you can buy and sell often with a commission involved. In addition there may also be delays in processing.
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