Post
Topic
Board Collectibles
Re: At what price level do you start peeling rather than selling?
by
AT101ET
on 14/08/2017, 04:16:16 UTC
The only point in peeling would be to liquidate your BTC holdings for cash.
That's kind of ironic as it shows that we still have uncertainty relating to BTC and a greater level of trust for FIAT. Having been said, for someone that's in it for the short term and looking to cash out is say that the time will be when the risk is too great to send abroad.
If BTC got to the $10k point then I could understand if someone would only be willing to sell a Cas coin face to face and if a buyer can't be found in person then peeling would be the next best option.