10-09-2022, 02:42 PM
What does the process of selling off 200,000 of 1 coin look like?
<!-- SC_OFF --><div class="md"><p>Is it as easy as typing in 200K and hitting sell? </p> <p>Could you exchange all the coins you have to a stablecoin like USDC easily so you can sell safely over time without losing value?</p> <p>I know some will ask themselves why this is even a relevant question because they doubt anyone will come into this scenario. </p> <p>ONE, I’m curious and I’ve heard of obstacles you could run into trying to do this. And TWO, I’m thinking of acquiring about 200K of a coin and it’s important for me to understand how I’d successfully sell and profit from it if the coin rose in price. </p> <p>So if any of you have any idea how this would be done smoothly—or even better if you’ve done this before yourself—your input would be appreciated.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Th3Unidentified"> /u/Th3Unidentified </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/xz75xd/what_does_the_process_of_selling_off_200000_of_1/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/xz75xd/what_does_the_process_of_selling_off_200000_of_1/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>Is it as easy as typing in 200K and hitting sell? </p> <p>Could you exchange all the coins you have to a stablecoin like USDC easily so you can sell safely over time without losing value?</p> <p>I know some will ask themselves why this is even a relevant question because they doubt anyone will come into this scenario. </p> <p>ONE, I’m curious and I’ve heard of obstacles you could run into trying to do this. And TWO, I’m thinking of acquiring about 200K of a coin and it’s important for me to understand how I’d successfully sell and profit from it if the coin rose in price. </p> <p>So if any of you have any idea how this would be done smoothly—or even better if you’ve done this before yourself—your input would be appreciated.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Th3Unidentified"> /u/Th3Unidentified </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/xz75xd/what_does_the_process_of_selling_off_200000_of_1/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/xz75xd/what_does_the_process_of_selling_off_200000_of_1/">[comments]</a></span>