How to navigate bitcoin now?

[Twistedfords]

I am not a huge bitcoin person. I do follow the financial market every day. What is everyone using now that ftx went bankrupt?

Who would you trust setting up an account?

What wallet to use?

What exchange isn't going to hold your money?

I'm not looking to trade these assets. Just looking for what would be safe for my account and a seller.

 

[badgerz94]

People bash Coinbase but I have been using it for years and I have only had one small issue. They used to be a pain requiring photos of your driver's license on every transaction but now they've just gone to a simple text code for verification. Fees are high even with a linked bank account but they aren't going anywhere for the time being, they are the OG of the industry.

 

[Twistedfords]

I like the idea of text codes vs driver photos. That seems kinda stupid considering.

With coinbase ... Is it the wallet or is it the exchange?

Kinda need a little help getting started.

 

[tyzride]

Use Gemini. I’ve used it for a year now and no problems. If you buy crypto with a debit card you can transfer/withdraw the funds in 24 hours. Checking account is like 5 days if I remember right.

 

[Twistedfords]

Do you have any links to these companies?

 

[Meetketchup]

Not financial advice.

Coinbase as an exchange.

Move to hardware (cold storage) wallet immediately after buying. Never leave on any exchange. This is a must!

Dollar Cost Average levels I'm eyeing from here on out - 14.5k, 12K, 9K, if goes lower 7K, 5K, 3K

You need to do a lot more research as you are asking very elementary questions. Not being sarcastic in any way. This is serious stuff and will get f'd if you don't know what you're doing.

 

[Twistedfords]

Not financial advice.

Coinbase as an exchange.

Move to hardware (cold storage) wallet immediately after buying. Never leave on any exchange. This is a must!

Dollar Cost Average levels I'm eyeing from here on out - 14.5k, 12K, 9K, if goes lower 7K, 5K, 3K

You need to do a lot more research as you are asking very elementary questions. Not being sarcastic in any way. This is serious stuff and will get f'd if you don't know what you're doing.

Oh I am not investing. I am just figuring out how to buy stuff with bitcoin. That is all

 

[Boykinben82]

Oh I am not investing. I am just figuring out how to buy stuff with bitcoin. That is all

Cashapp is by far the easiest. It’s instant, no delays and there are directions on how to use it if you go to the search bar and look up Cashapp.

 

[Ogre]

I like Kraken https://www.kraken.com

It looks complicated, but once you see what you're doing, it's pretty easy to get money into accounts and pay others with Bitcoin, or whatever other crypto they want

 

[badgerz94]

Poster is right about cashapp being the simplest. If you are only sending to a supplier, cashapp is fine

 

[Timmy9000]

Another vote for Cashapp

 

[Twistedfords]

Any reps have a preference?

 

[Boykinben82]

Any reps have a preference?

Bitcoin is bitcoin no one cares where it comes from.

 

[Fletcher]

I am not a huge bitcoin person. I do follow the financial market every day. What is everyone using now that ftx went bankrupt?

Who would you trust setting up an account?

What wallet to use?

What exchange isn't going to hold your money?

I'm not looking to trade these assets. Just looking for what would be safe for my account and a seller.

FTX really has nothing to do with BTC.
Its one of many coming orchestrated "scandals" meant to eliminate all competition against the NWO digital currency. FTX was its own "coin/token/exchange".
Its like if your closest gas station went out of business, theres plenty of other gas stations, and plenty of gas.

If you wanna just quick buy BTC to buy something, Paybis is good.
If you wanna store BTC anonymously, Exodus is good.
If you wanna cash out BTC, there are several bank/BTC apps that are SLOW but work.

 

[Fletcher]

Ive been using bitcoin for years and never had anything to do with FTX at all.
FTX was a anti-crypto psy-op and cover for laundering "Aid to Ukraine" back to the Dems, Biden et al.
Notice SBF has the same lawyer as Epstein/Ghislaine and the judge appointed is a Clinton appointee?
😉

 

[Fletcher]

Notice that the $250 Million "bail" was secured by a $4 million house owned by his parents, and probably bought with FTX scam money.
Its all a show.

 

[Twistedfords]

I have seen all the connections. These days it looks like they are all sleeping in the same bedroom with the lights off.