Topic: Looking for advice - page 2. (Read 332 times)
I think it is not a good idea to invest something that comes from a loan or a any credits since investment could always be risky at some point if you don't have funds don't invest at all.
You should invest money that you could afford to lose, I think giving your information in the bank is fine as long as the bank is working legally in your country.
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I would totally invest only smaller money and money I could afford to lose. purchase wasn't sure if by linking a bank account to one of these companies if somebody could hack that information.
from the little research that I've done it seems like coinbase may be the best option for me. I'll do some more research and see if the any other ones pop up. Now I need to do some more information about this wallet thing.
Hello everyone. I am a total newbie, looking for a bit of advice. I want to start trading , but not even sure where to open an account.I am in the USA I would really like to fund it by using credit card cuz I'm a bit nervous about giving my bank account information. coinbase seems to be a popular one but from what I understand they only accept ACH's from the bank. Is there one that people recommend that over another? it looks like this could be fun to do, I'm obviously only going to put in small amount of money to see if I can handle it. Thanks
I think it is not a good idea to invest something that comes from a loan or a any credits since investment could always be risky at some point if you don't have funds don't invest at all.
You should invest money that you could afford to lose, I think giving your information in the bank is fine as long as the bank is working legally in your country.
Why doesn't it seem coinbase seems to have alot of people that don't like it. Is it like that with alot of the companys?
Yeah it's like that everywhere around here.. Some companies are bad and some are worse... Coinbase reported a few years ago that the company verifying their kyc info was selling it on and they had to switch.
Bitfinex lost 33% of all user funds through bad management of their servers. And similar things have come from other companies.
Realistically bitfinex paid back their funds though and I don't think much has been done with information that has been sold and it was just a suspicion coinbase had...
If you want safety and are prepared to pay a higher fee, you could use cash with an atm.
Thanks everyone for the suggestions been a great help!
If you want to start with small amounts don't worry about your banking information, nobody will spy on you about $ 100. Then when you gain more experience, you will already know how to best do everything
That's actually a good idea, would you recommend coinbase or anything else. It seems there are so many.
I've heard of cex.io, kraken, bitfinex and poloniex but I wouldn't trust them as much.
Why doesn't it seem coinbase seems to have alot of people that don't like it. Is it like that with alot of the companys?
That's actually a good idea, would you recommend coinbase or anything else. It seems there are so many.
I've heard of cex.io, kraken, bitfinex and poloniex but I wouldn't trust them as much.
Quoting the late Tupac Shakur, “There’s 10 rules to the game, I’ll share with you two.”
Never borrow to invest.
Never trade more than you can afford to lose.
Never borrow to invest.
Never trade more than you can afford to lose.
You can use a debit card with coinbase and then switch the funds over the pro for trading. Or just get a second bank account you can use.
Just test the waters with a few $ to start with.
Just test the waters with a few $ to start with.
That's actually a good idea, would you recommend coinbase or anything else. It seems there are so many.
Coinbase is suitable for you as an american citizen. It's a regulated exchange with good reputation. However, you still have many other options, you can try Bitfinex or Kraken..
I suggest you to visit the link in my signature, a great list of good exchanges is in there and you can choose the exchange based on the pairs you want to trade. It's safe to use, but better to do your own researches before to start as many things would appear complicated to you as a newbie (fees,KYC,TOS,...). Good luck
You can use a debit card with coinbase and then switch the funds over the pro for trading. Or just get a second bank account you can use.
Just test the waters with a few $ to start with.
Just test the waters with a few $ to start with.
That's actually a good idea, would you recommend coinbase or anything else. It seems there are so many.
You can use a debit card with coinbase and then switch the funds over the pro for trading. Or just get a second bank account you can use.
Just test the waters with a few $ to start with.
Just test the waters with a few $ to start with.
Hello everyone. I am a total newbie, looking for a bit of advice. I want to start trading , but not even sure where to open an account.I am in the USA I would really like to fund it by using credit card cuz I'm a bit nervous about giving my bank account information. coinbase seems to be a popular one but from what I understand they only accept ACH's from the bank. Is there one that people recommend that over another? it looks like this could be fun to do, I'm obviously only going to put in small amount of money to see if I can handle it. Thanks
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