Seeing some green, but still incredibly lowanyone check the market?!?
Official CryptoCurrency Thread (Bitcoin, Litecoin, Ethereum & More)
- Thread starter irishfury
- Start date
ORDER_66
I dont care anymore 2025
It’s not donei was surprised. i thought this was it. we was over... black swan and shyt
Wait to see what happens 4/9 and 4/10 at least
ORDER_66
I dont care anymore 2025
That’s when our “reciprocal” tariffs hit, and China’s retaliatory tariffs hit the next daydamn there's more???
So while I'm not completely bullish on crypto, I do see the value in trying to acquire at least 0.1 bitcoin this year. We have a pro-crypto president, other countries are moving away from the dollar and our currency is weakening. I'm seeing it as a good hedge. Either that or gold.
Bitcoin is already hard to mine and will get harder to acquire in the future. I got burned playing with alt coins and I was really into ethereum in 2018 but I saw it as an alternative form of investing like short term stocks. But now I'm looking at it differently.
Going to start adding a bit more when I can to my BTC position. I already added a few grand the past day.
Bitcoin is already hard to mine and will get harder to acquire in the future. I got burned playing with alt coins and I was really into ethereum in 2018 but I saw it as an alternative form of investing like short term stocks. But now I'm looking at it differently.
Going to start adding a bit more when I can to my BTC position. I already added a few grand the past day.
El_Mero_Mero
All Star
The difference between buying crypto on Coinbase and Robinhood is that you don't actually "own" it on Robinhood, correct?
But if you're just buying it for a quick flip in 3-6 months, then does it really matter on which of these 2 platforms you buy it on?
But if you're just buying it for a quick flip in 3-6 months, then does it really matter on which of these 2 platforms you buy it on?
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Both are exchanges, u don’t own it until u remove it from the exchange and into a wallet.
So no it doesn’t matter bc they’re both the same
I think he means on RobinHood there's no option to withdraw
Edit: it's been noted that Robin Hood does allow withdrawals now
Last edited:
Oh wow ok I don’t use them. Why wouldn’t there be an option to withdrawal?
Koichos
Pro
You don’t actually ‘own’ it on Coinbase, either. The saying ‘not your keys, not your coins’ just means if you don’t control the private keys (that is, if your coins aren’t in your own personal wallet), then it’s an IOU at best. Exchanges can freeze your account at any time and run the notorious KYC/AML (know your customer/anti-money laundering) security check, demanding you provide POSOF (proof of source of funds)—tax returns, bank statements etc.—before regaining access to your account. Trust me, it’s not fun.
That said, unless you’re dealing with large sums of money or breaking the TOS, it’s really a non-issue. And if you’re having to even ask this question I suggest you leave it on the exchange until you familiarize yourself with self-custody and the risks associated with it. Robinhood has high fees and, as far as I remember, a $5k daily withdrawal limit, so look elsewhere. I use Coinbase, but only at the end of each cycle for their ‘One’ subscription that provides $1M insurance and 4% APY on USDC holdings on the platform.
Coinbase is the largest exchange in America and they are highly reputable, so you can’t go wrong with them. Just make sure to access their ‘Advanced’ tab and set ‘post-only’ limit orders to receive the cheaper, ‘maker’ fee (you can read more about that here). However, I prefer Kraken Pro. I have been with both for almost 12 years: Kraken’s limits are higher, fees are cheaper, and I’ve been able to transfer 7 figures in cash and crypto to and from with absolutely no issue. I cannot say the same for Coinbase, unfortunately.
I looked it up and it seems that they have been allowing withdrawals since 2022
Will edit the other post to reflect the misinformation. My bad
its crazy what people will accept as normal
theyre one of the biggest investing platforms and no clear way to withdraw returns
crypto cant come fast enough