Quote:
Originally Posted by Top Pig
what's the most someone's been stung withdrawing right on a sudden crash? ie this month's btc has been all over the shop!
If you're wanting to withdraw a hefty amount, 5k or something, would it best to just transact $500 a day or so?
I did about 20 BTC withdraws last year, mostly in May/June, and never lost more than 0.5% on all the withdraws and actually had four that resulted in much more $ by +1% (2x), +4% and +5%. My biggest lost was -0.8% in Dec 2017.
If you are worried about it, I would break the 5k up into 5x 1k withdraws.
If you are using Coinbase, make sure to do the withdraws through gdax.com as it will avoid the 1.5% fee that Coinbase charges for withdrawing BTC -> USD -> bank account.