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<p>[QUOTE="Prime Mover, post: 2912243, member: 38783"]Mining back in 2013 was the lesser of the evils <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>If you live in a place where you have a need for heat, you can always buy a miner or three and use them instead of your furnace, and you'd get the side effect of some crypto back in exchange for it. No joking, I did that for my garage in the winter time once. </p><p><br /></p><p>The ATM is an interesting thing, however that 13% fee is killer... I wouldn't want to pay that on any regular basis.</p><p><br /></p><p>One avenue I'd tell you to explore is that if you have PM's, there's usually always someone looking to spend crypto for them. I'd suggest a look here for one example - <a href="https://bitcointalk.org/index.php?board=217.0" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://bitcointalk.org/index.php?board=217.0" rel="nofollow">https://bitcointalk.org/index.php?board=217.0</a> - there's always stuff for sale, and most silver and gold bullion goes quick, so you could sell what you have for BTC.</p><p><br /></p><p>Other than that, you're sadly pretty much out of options other than going the verified exchange route. The larger ones are fairly safe, and to be honest, I'd put more faith in them then I would most banks and traditional institutions with regards to security these days (*cough* Equifax *cough*). </p><p><br /></p><p>I do day-trade cryptos and have verified accounts on a couple exchanges. Some of them make you do that in order to add any funds or be able to trade, so no way around it. I have yet to put any cash in or take any out, but at some point in the future I will want to cash some out, so I'll have to have them. And, I'll have to claim the proceeds on my taxes as capital gains just like I would with stocks or PM sales - the IRS considers crypto as a similar "asset" at the moment.[/QUOTE]</p><p><br /></p>
[QUOTE="Prime Mover, post: 2912243, member: 38783"]Mining back in 2013 was the lesser of the evils :) If you live in a place where you have a need for heat, you can always buy a miner or three and use them instead of your furnace, and you'd get the side effect of some crypto back in exchange for it. No joking, I did that for my garage in the winter time once. The ATM is an interesting thing, however that 13% fee is killer... I wouldn't want to pay that on any regular basis. One avenue I'd tell you to explore is that if you have PM's, there's usually always someone looking to spend crypto for them. I'd suggest a look here for one example - [url]https://bitcointalk.org/index.php?board=217.0[/url] - there's always stuff for sale, and most silver and gold bullion goes quick, so you could sell what you have for BTC. Other than that, you're sadly pretty much out of options other than going the verified exchange route. The larger ones are fairly safe, and to be honest, I'd put more faith in them then I would most banks and traditional institutions with regards to security these days (*cough* Equifax *cough*). I do day-trade cryptos and have verified accounts on a couple exchanges. Some of them make you do that in order to add any funds or be able to trade, so no way around it. I have yet to put any cash in or take any out, but at some point in the future I will want to cash some out, so I'll have to have them. And, I'll have to claim the proceeds on my taxes as capital gains just like I would with stocks or PM sales - the IRS considers crypto as a similar "asset" at the moment.[/QUOTE]
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