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RE: "No one man can make a market"
Great article! I've been holding on to my cryptocurrency and just waiting. I think after watching some of your videos and reading your blog posts, I'm going to start trading a portion of my BTC and ETH. Maybe you've answered this in a video I haven't watched, but do you mind telling where you buy and sell bitcoin? I've used Coinbase previously (buy and hold mentality), but now that I plan to enter and exit the market more regularly, I'm not sure Coinbase is the best option.
Just my 2 satoshis, but Coinbase has been a nightmare customer support-wise. If you're still able to buy, hopefully it won't affect you.
In the meantime, I switched to Gemini and love them so far. Only supports ACH or wire transfers (no credit cards like Coinbase), and while you can deposit and buy BTC or ETH immediately, you won't be able to transfer your coin to other exchanges for trading alts until you deposit to Gemini clears. Gemini also seems to be the easiest to deal with when withdrawing back to your bank account from all I've read.
That's all just for buying BTC with USD/fiat, of course. I don't believe Luc really buys in at all that way, and most of his trading seems to be on Bittrex and HitBTC. He can certainly answer that better than I, of course. :)
I've noticed that not all wallet formats accept mac (yet, anyway). Does gemini support mac?
Honestly not sure on that... the only wallet I've messed with was a transfer from Gemini to MyEtherWallet which - as far as I know - doesn't have anything to do with Mac vs PC. The rest of my deposits so far have gone to exchanges for trading. Sorry I can't be more help!
I appreciate the reply either way... Thanks!
Just my 2 satoshis, ha, nice.
Coinbase charges high fees as I'm sure you have noticed. Gemini's ACH transfer only permits deposits of $500 a day unless you wire transfer which can be a hassle. I prefer gdax because you can deposit funds of up to $10,000. The catch being it usually takes about four business days for the money to show up. They allow USD/BTC, ETH, LTC. ETH/BTC, USD, EUR, and LTC/USD, BTC, EUR trading pairs.
If you have anymore questions about exchanges and purchasing let me know : )
I use Bittrex and then link that to a Coinigy account. I think this works well for analyzing charts and setting up automatic alerts, buys, and sells.
Thanks @fitzydoesthings and @rocs57. Both of your comments were very helpful and much appreciated! I will look into GDAX and Gemini. If I have further questions along the way, I'll let you know.
also gdax and coinbase are the same company
Coinbase has a trading platform, gdax.com. If you wanna just trade BTC, ETH and LTE, then coinbase will let you transfer money or coin onto the gdax platform for free. Just go to gdax.com and sign in with your coinbase credentials. Then click the deposit button, select coinbase wallet and amount. DONE. Now you can buy and sell without being charged the coinbase commissions and spot price premium.
FYI-
If you deposit money in USD into coinbase, there is no fee. Then transfer onto gdax, there is no fee. Then buy crypo, SUPER SMALL FEE. Then transfer new coins back to coinbase wallet, there is no fee. Now you can basically buy and hold cryto on coinbase for FREE! Coinbase exchange is good. I use Coinigy as my interface though because I don't like how gdax looks. Also because QuickfingersLuc uses it...