I also apologize if this was answered somewhere else I tried to search but I could not understand offline wallets and the tumblers many people were talking about no longer exist and have exist scammed
Im sorry I know this is a noob question but Im really not I have been using the markets for years with like 100 purchases. I just normally put bitcoin on then go and make my purchase the same day.
Well I wanted to make a purchase put my bitcoin on the market but then realized there isnt a single good bar vendor for what I am looking for which is small scalle about 100-200 bars. So I want to wait it out but I do not feel safe leaving 250$ on a market when they are known for suddenly leaving or becoming arresting and taken down. So Where do people send there money too once it has been in the market place. IDK if it would be safe sending it back to LBC right? I also sometimes go coinbase-> Blockchain -> Market. Would I maybe be safe returning to Blockchain?
I tried to understand offline wallets but I didnt really understand it. Actually I barely tried someone some it was complicated so I gave up.
SUMMERY: Where to send my Bitcoin currently on market wallet to sit for a week or two until I decide I want to try again? I mainly want to know if going backwards (like in my example) is okay or if it can get me in trouble. coinbase->blockchain-> market -> blockchain = Safe?
I know it's a bummer to not be able to get the bars but there are always footballs and generic 1mg's out there, although it sounds like you're in a situation more to flip some than for personal use, so that might not be an ideal option. The good thing is BTC is steadily beginning to regain value compared to what it was before the market scams and Agora going down so maybe holding onto it wouldn't be a bad thing.
I'd just keep a close watch on the market rate and either sell it or buy something you can make your money back off of if the price starts dropping significantly. $250 isn't a whole lot in terms of the big picture so it wouldn't be particularly risky compared to people who move thousands of dollars through wallets, but yes, ideally the safest possible thing would be something like the other posters suggested.
I don't think anyone is going to be too deeply investigating less than a BTC on the blockchain, you can create new addresses for your account on most markets, and I'm not entirely sure the coin you get back when you withdraw from a market is the same across all markets. I'm sure someone who understands the blockchain a little better could answer that question