RE: Don't Lose The Investment Of Your Life Because Of Coinbase!
Why do you say you are "stuck on Coinbase"?
Move your coins to Jaxx! It has separate wallets for lots of currencies, including BTC, ETH, ETC, DSH, ICN, LTC, REP, ZEC, RSK, GNO, GNT, DGD, and BCAP. They are adding more all the time (I put in a plug for SP).
It has Shapeshifter on board, meaning you can convert freely between cryptos / wallets. It doesn't support any fiat (though it will give exchange rates for the supported cryptos in a ton of different fiats), so you need to buy elsewhere and send to Jaxx.
Lykke is a great option, too -- it supports BTC, LKK, SLR, TREE and TIME. It DOES permit trading from fiat(even gold or silver) to BTC and converting between crypto.
You could also use Abra or Gemini just as you use Coinbase now.
What do you think of those options -- would they help you out?
Too bad the SEC keeps swatting down the BTC ETF! The stock suckers could make a mint...
The ETF that will be deployed will most likely contain a basket of cryptos. That will make it more in line with ETFs, less volatile, and (potentially) safer for institutional and individual investors alike.
Eventually, though, you will see an equity based directly on a single currency, like FXY is to the yen, FXB to the Sterling, etc. I bet BTC will be the first to get one of those.
That makes good sense. I'm just blown away. I know NOTHING about tech. I'm a lab scientist and a mommy......but this blockchain thing fascinates me. We are able to really use this to our advantage. I'm loving saving $$ on things we need and use! And a few nice gifts and travel costs. I also love kicking the 'system' to the curb. SO glad I found this community of wise folks and thanks for churning out valuable information - I am learning SO much and passing on to family and friends. Hopefully, they can be smarter with it than I.
Aloha sir! Could you please tell me what is a good iPhone6 app I could use to buy Bitcoin and Ethereum from a debit or credit card. I'm very new to all of this and plain English is much appreciated. 😜😬😬 thank u! Aloha!
All of the wallets I mentioned are iOS apps! That's how I do it!
Again, to buy BTC with funds from your bank, I would recommend a wallet like Lykke, Abra, or Gemini.
You can deposit USD or the fiat ("normal" currency) of your choice and then convert in-app to BTC.
If you want to start trading between cryptos, you can do one of two things --
If you go the route of 1), you should be aware that it is recommended to remove your monies from an exchange, depositing them into a wallet, as exchanges are far less secure than wallets.
I trade on Bittrex and Liqui if I want a coin that is not available for trading w/i Lykke or Jaxx. If that coin cannot be stored in one of those two (such as ANS Antshares), then I have to keep it on the exchange or look for another wallet that works with that coin.
For now it is a complex process. AND THAT IS OUR BIGGEST ADVANTAGE. If you think BTC is pricey now, when the proverbial grandmother can do it, the prices will be stratospheric.
Good luck!
Thank u so very, very much! I don't trade, just wanna own some. I really appreciate your response! Aloha!