I am looking for advice on best practices to cash out on all the btc I have made. It looks to me like they are all cutting huge percentages whatever I do, so what is the best option to get that hard earned bitcoin into my bank account? I am planning on using half of my earnings for own daily usage and half for reinvesting on a routine (weekly or monthly) basis. So far only coinbase looks like a handy way to convert btc to plain money on your bank account. I would love all your experiences and advices.
Really depends on where you at. There are a lot of trading platform that you can used, but its much better if you do it on a local exchange or just localbitcoins. For me I don't have a problem because we have a local exchanges which support a quick exchange from btc->fiat. I guess if you don't have a local exchanges, localbitcoins, just be careful and choose someone who is trusted enough and has a good reputation. A face to face in a crowded area is also a safe net for you. Goodluck on your future transactions.