Well, I bought my first bitcoin... now where do I want to move it or hold it? The fun begins
How did you buy one? I'm looking online but to be honest it's a bit confusing. I'm thinking to try buying a couple to get my feet wet in this crypto-investing stuff.
set up a debit card on a bank account you can fund just for this. (you dont have to ..but its certainly faster way of depositing USD to a crypto exchange for conversion to crypto.
So confusing. Why would that debit card be faster than the one I have now. How does that speed or lack of affect the price?
I am mainly concerned with fraud or theft. IS IT SAFE? Lol.
Oh... well I'm not buying any of those then. I was thinking a few of the Ripple ones would be safe to mess around with.
God bless and happy hunting.
Richard.
You'll be a lot happier if you spend a little time first looking a you tube videos for beginner to crypto currencies so you get an understanding of what a crypto currency is...how you can purchase pieces of it...how to use the exchanges...and then how those exchanges work in terms of allowing you to use other crypto to by other crypto (instead of using USD)...etc
it can be overwhelming (and still is to a point) but having a basic idea of how this works and throwing out what you think about trading.. itll make it easier
So I cancelled my cc account on cb and added my bank, it was instant! Seems everyone else says it takes 3-4 days, or does it take 3-4 days to get the transaction to go through?
So I cancelled my cc account on cb and added my bank, it was instant! Seems everyone else says it takes 3-4 days, or does it take 3-4 days to get the transaction to go through?
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It will likely say processing for 3-4 days if you used you bank account and not your debit card..
So my first question, I want to start with $100, but want to save as much as I can on fees, so do I purchase $100 in bitcoin then transfer my bitcoins into my gdax account and buy and sell there?
It will likely say processing for 3-4 days if you used you bank account and not your debit card..
Use a CC if you want instant results. I wired 15k to coinbase 2 weeks ago...they just now acknowledged the wire and rejected it. Rejected because the bank acct I wired from is a business account not personal. Now they say 7 to 10 days to send it back to my bank. So 15k out if my hands for min 3 weeks. Not cool...i would have doubled it if I could have made investment I had it planned for.
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