I self-custody. On Coinbase, you at least have actual btc that you should be able to withdraw, but you’re still relying on a third party not to freeze your account, etc. On RH, you don’t own any actual btc. And if this week has shown anything, it’s that RH should not be trusted.
bought a few thousand ADA back when it was like $.03 and now it's at $.35 completely forgot all about that what i'm trying to say is i'm rich
I couldn't remember my old Coinbase login/password (I think I have it written down on a business card at home), so I made a new account and linked to bank account. Why won't it let me set up auto draws of money every other week?
Voyager down and Robinhood restricting is hurting the ability for new money to come in a drive things up. I’m hoping that people get pissed and angry buy whenever they can
any reason on these? I'm going to do $153 into 3 twice a month. So $900/month. Or would I be better off doing less into all of them? The Fees on Coinbase jump at 50 and 200
Bitcoin is a Bitcoin bet. The rest are bets on the DeFI ecosystem long-term. Ethereum kind of the base layer for replacing financial infrastructure and the rest all perform specific functions like liquidity, data integration, exchanges, etc....I'm not an expert and have been following for only a few months but have spent (way) too much time reading up on it. I would encourage you to do the same. My take is that Ethereum is by far the more ambitious, but technically difficult project to execute relative to bitcoin. Bitcoin = Gold, Ethereum is trying to replace the entire financial system. I like Ethereum more and you're getting it a little cheaper than Bitcoin IMO because it's earlier in it's development cycle. All the other coins are like the leading startups in that Ethereum ecosystem but they are still startups. That brings a ton of upside but those are all projects that are still being iterated on and not complete whereas Bitcoin is kind of what it is at this point. Some new technology could conceivably come along and replace any of those alts or Ethereum, although Ethereum's network effects will be hard to catch at this point. It already has more transaction volume and fee activity than Bitcoin. Grayscale has filed legal entities for investment trusts in AAVE and LINK (already have BTC and ETH) so those are probably the safest bets among the alts but they're still risker relative to BTC and ETH, which are in themselves already risky. Ethereum my largest position followed by Bitcoin followed by Link, AAVE, and UNI. Big gap between BTC/ETH and the rest though
Also don't get your info from the Twitter shills like Pompliano, he and his people are entertaining and enthusiastic but are playing to emotional arguments because they have huge followings and a vested interest in the success of their coin holdings. Read the whitepapers / prospectus' from people like Raoul Pal to get a more measured evaluation
Also grayscale filed a for a UNI trust this week as well. and GS just reopened the ETHE trust today for investors. Get ready for the face melt
Just keeping everything on Coinbase for now, if holdings go 50x and ever get large enough will explore cold storage or a custodian
Depends on who you are buying it from tbh.. https://www.cnbc.com/2018/01/03/heres-the-one-thing-you-need-to-buy-a-house-with-bitcoin.html
I think you are living in some reality where you expect the digital age to end and for us to return to feudal times. In the digital world precious metals have value as conductors, btc has value as a transfer of value.
... described how the retail investor was sucked into the dot.com bubble as follows: “First, Wall Street brokerage firms issued knowingly false research reports to the public to trumpet the growth prospects for a specific company; second, the firms lined up big institutional clients who were instructed how and when to buy at escalating prices to make the stock price skyrocket. This had an official name inside the walls of the manipulators: ‘laddering.’ Next, managers of the fleets of stockbrokers at the various brokerage firms instructed their flock to stand pat as the stock prices soared. If the stockbroker tried to get his small client out with a profit, he was hit with a so-called ‘penalty bid,’ effectively taking away his commissions on the trade. This sent the clear warning to other stockbrokers to leave their clients in the dubious deals. Only the wealthy and elite were allowed to capture the bulk of profits on these deals. Yikes, what does that sound like?
I wish I cared about anything as much as this dude cares about posting what’s wrong with cryptocurrency in a cryptocurrency thread. Chill the fuck out, man.
I love that the guy who can’t figure out how to post a gif is the one who’s right and everyone else is wrong.