So let's say, hypothetically, I had hundreds of thousands in BTC, ETH, or LTC and wanted to cash out. Selling all at one would create a "sell wall" and cause panic selling and lower my total cash out, right? How small increments and at what increments should I put sell orders in to avoid market impact and maximize profit?
Also discuss general strategies for people with fuckhuge positions in *coins.
>>2732339
spread your assets.
128qU6RnwMwGZteDvQcjGMvGhyYJ2zDbow
wallet check please? send any amount it's BTC
>>2732339
Look after the pod
ETH: 0x3d4fcfcdee7e8e1810c9a25677ccf98e5265e68b
>>2732339
Nigga, you dumb.
>>2732339
If you hypothetically had that much crypto, you would hypothetically know that there are exchanges for big fish that have large minimum transactions and can literally service transactions in the 6-7 figures.
>>2732339
I would say you are one lucky son of a bitch
You literally just look at the bids and asks and find a good chunk you can undercut. Do it over a few days to a week, until you decide you're too low to keep cashing out.
0xc85F280668f3CF36ED77aC952e9ACBB07A802C97
FEED ME MASSA!
Lol nigga just go on coinbase press sell nigga u dumb lol
>>2732339
>he thinks real whales trade on pleb exchanges like coinbase, kraken, polo...
>he thinks whale are stupid enough to put money on exchanges when those are notoriously known to scam people every fucking day.
Some of them may trade at https://whaleclub.co though
In Europe, the largest broker is bitcoinsuisse. 6-7 figures trades are made OTC on a daily basis. Yes you have to pay some fees, but it comes with peace of mind that you are not being scammed and the transaction is secure since the transfers are made in cash or by bank transfers.
>>2732339
Bitfinex has hideen walls, you pay taker fees for it