BTC cashout worries

With all that is going on with markets crashing and being seized I'm looking to cash out my bitcoin. Any suggestions on ways to convert to cash without an obvious large dump into my bank. I'm worried that I will either lose money in a market or a drop in value. Think my best bet is green cash. Any suggestions?


Comments


[2 Points] Bryanmahindrew:

Move them to a wallet and then send to like coinbase and sell. But honestly I think price will double in the next month.


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[1 Points] JelloCreationist:

Localbitcoin


[1 Points] DeWalDog:

Local bit coin sounds like best idea but not really excited about carrying that much cash back home on me. Is there any reputable vendors that deal with this trhough mail?


[1 Points] penguinmixer:

If you live in a decent-sized city you might be able to find someone on localbitcoins who will do cash trades with you. Don't set up a trade for more than you are willing to lose at once, in case things go wrong. Pay close attention to your communications with people on LBC. People you want to avoid (scammers, LE, etc.) will give themselves away by saying things that seem out of place.

There are reputable traders on LBC who will accept your bitcoin and send you cash in the mail. Look at each person's feedback rating, number of trades, and trade volume in BTC.

Or, rent a PO box and create your own cash by mail ad on localbitcoins.