Recently i found a new online
bitcoin roulette which accepted bitcoin, so i decided to give it a try. i registered and deposited some amount {the nice part was that i got 50% bonus on that}. after some nice playing i made 15x my initial deposit, however after 24 hours playing i decided to put the whole amount on BLACK. And as you can imagine this bet made my day black too. i lost everything.
After couple days i went there again and made a bigger deposit, luckily i won a lot of times and made some big money. this time i did not bet on black and withdraw the money immediately.
Thanks to that winning streak, now i have some decent amount of bitcoins in my wallet. I plan to go back to the roulette and try to win some more, so the questions is if i win some bigger amount {lets say over 100 bitcoins} where should i withdraw and safe-keep them? coinbase? circle?
if i keep them in some of these and if i decide to exchange them to cash, how long it will take for that?
I also contacted Bitcoin Beveren and asked if it is possible to send me the funds in fiat. The answer was positive but they said there will be a fee of at least 3%.
So what is the best option here?
Don't store 100 BTC online.
If you want to keep them, move them to cold storage and let only small amounts in your hot wallet.
If you want withdraw FIAT withdraw to some small exchange.
And James Bond already shown us that if you want to go all-in, you must go on red.