I’ve checked out hyperlinks and requested this however, I’m confused…and PLEASE DON’T TREAT ME LIKE I AM STUPID (I’ve had that occur on just a few websites by ‘Trolls’). Little bit of a “Techie Challenged Fool” so just a little confused by the ‘language’ some use to elucidate the greenback worth verses bid worth since I’m not so good on making sense of apps and laptop stuff and by no means have been. For instance if I’ve xyz quantity of BTC and it says it’s value so many {dollars} however, there’s a ‘Bid Worth’ that may be a nice deal greater reminiscent of say the greenback quantity reveals underneath 100 {dollars} however, the bid is within the 1000’s what’s the TRUE quantity I’d obtain if I have been to promote the BTC? The platform I exploit hasn’t given me a transparent reply on this and I hope to get one earlier than I decide on what I wish to do with these cash. I wish to make investments nonetheless, my monetary establishment is cracking down on funding and usingBTC so I hope to money out, get my earnings earlier than they begin locking accounts of individuals on these kind of plaforms. Assist

In accordance with https://www.investopedia.com/phrases/b/bid-and-ask.asp

The bid worth represents the utmost worth {that a} purchaser is prepared to pay for a share of inventory or different safety. The ask worth represents the minimal worth {that a} vendor is prepared to take for that very same safety. A commerce or transaction happens when a purchaser out there is prepared to pay the most effective supply obtainable—or is prepared to promote on the highest bid.

So that you would possibly supply your BTC on the market for $1000 and it might solely promote if somebody bid $1000 or extra. If no-one bids that a lot you’ll by no means promote your BTC.

For those who discover no-one is bidding greater than $950 you’ll solely be capable of promote by providing to promote at $950.

Observe the phrase bid and supply on this context are usually not particular to Bitcoin. That is actually a query in regards to the terminology utilized by all marketplaces for monetary merchandise. This implies you would possibly get extra knowledgeable solutions by looking in cash.stackexchange.com or by asking there if there aren’t any present solutions.