Think that's good advice. I did implement other things as a safety so think I'm good to go. But yes it's always scary when you hear of all this hacking! They are all smarter than me
One other thing I'm REALLY confused about. Let's say my coins shoot to the moon. Let's say for conversation purposes my $1 coin skyrockets to $1,000. Now I'm am instant millionaire! But wait. No. Binance has limits on bitcoins AND Coinbase has sell limits. Now what?
I miss that big spike in price because of limits and could only really cash in on a very limited amount of coins at that elevated price???
What's a man to do if it all booms for a few hours? Just lose out? So the most i could sell on Coinbase is say $15,000 or 15 $1 coins while the rest sit there "losing money" waiting for a week to transpire. Same as Binance for limits also!
Update: I went through the verification process with Binance and hopefully it will go smooth and that will increase me to more money than I have to worry about in a lifetime. But what to do with it after...hmmmm. After doing some more research it does appear to be a very tricky problem for lot of people asking that same question!