Bitcoin bottom here at 20k....? (June 19th)

KCalhoun said:
No actually savoirs right, I have no clue how to actually buy btc ...
More...

Overnight said:
Well, that is just sad. And you have been a trading educator for how many years?
More...

I'm with @KCalhoun on this one. I have made a very comfortable living as a trader for 14 years and I also don't know how to buy BTC. I also don't know how to buy Swiss Francs, gold, oil and a whole bunch of other securities. I trade US stocks and ETFs exclusively. My strategy is simple - learn one market and master it. The surest way to losses is to start trading in the next hot fad that you have no experience in.
 
angrytrader said:
The easiest way to buy Bitcoin is by opening an account in one of those exchanges that have been accused of fraud with Tether, like Bitfinex.
More...
yeah, buddy XD
Tether is not an exchange and Bitfinex KYC/AML takes about two months as they for the most part only accept whales and institutionals.
 
MrMuppet said:
yeah, buddy XD
Tether is not an exchange and Bitfinex KYC/AML takes about two months as they for the most part only accept whales and institutionals.
More...

Who said that Tether is a exchange, and who said that OP is going to use institutional funds?
 
Overnight said:
Well, that is just sad. And you have been a trading educator for how many years?

I don't trade the coin itself, but it's patently obvious on how to do it for a US citizen.

https://www.coinbase.com/

@savoir My folly was that I assumed Ken just knew basic shit like that. Alas, I seem to get buggered when I ASSUME people have a modicum of common sense intelligence.
More...
Crypto exchange accounts are not insured and many have lost it all when exchanges went bust. I would feel obligated to self custody, which increases the learning curve quite a bit if you want to do it right.
 
I go to Uphold.com and the first thing I see on their website is a big promotion as to how you can earn 19.5% on your crypto. That's even more than Celsius was paying. Doesn't inspire confidence.
 
DaveV said:
I go to Uphold.com and the first thing I see on their website is a big promotion as to how you can earn 19.5% on your crypto. That's even more than Celsius was paying. Doesn't inspire confidence.
More...

I have an account there for about 2 years now. They just hold your money. Celcius was different they were doing some other crap where they invested it and you earned interest on it or something. Uphold may be doing that too on some coins - but you can also buy and sell - it's an exchange, like merril. I know im some random guy on the internet but you can research it. I just have my crypto sitting there crashing like everyone elses is lol
 
You must log in or register to reply here.
Back
Top