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Old 8 December 2017, 01:31 AM   #21
beshannon
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Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
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Quote:
Originally Posted by Wcdhtwn View Post
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.
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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