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Old 12-06-2017, 12:49 PM  
shake
frc
 
Industry Role:
Join Date: Jul 2003
Location: Bitcoin wallet
Posts: 4,663
Quote:
Originally Posted by adultchatpay View Post
I bought 1 btc when it was 6.5k.
Not planning to sell it yet but if i put it on sale how long will i be able to cash it out?
Will buyers storm and buy it? Or will it take days?
I suspect there will be a major correction coming. I'm sure there are people who are borrowing money against their houses and such who will freak out when some news comes about a country banning bitcoin, a major exchange gets hacked or war breaks out and we'll see a big drop. I'd be ready to buy in quick, within a few hours. I bought some at about 6.5k as well and will be holding steady. Will buy more down at 8k or so.

Don't invest what you can't afford to lose...
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