"If you think you actually own the crypto you buy on Coinbase, you are absolutely wrong." ...?

Discussion in 'Crypto Assets' started by easymon1, Apr 20, 2021.

  1. krugman25

    krugman25 Guest

    Yeah, I wouldn't be adding at these valuations. I'd say either wait for a deeper pullback (gotta have the discipline to potentially wait a while and watching markets deliver another 3-4 figure returns, possibly) or just DCA. Whatever amount you were going to be putting in, take 1% of that and just buy at market every week regardless of price. Chances are, at least at current prices, the DCA will give you a lower cost basis in the long run. Maybe.
     
    #31     Apr 20, 2021
    johnarb likes this.
  2. Nor can you prove the opposite, which was his point


     
    #32     Apr 20, 2021
    virtusa likes this.
  3. kmiklas

    kmiklas

    I don't disagree, but there's only a handful of companies to which one must provide this level of identification. Financial services companies, utilities, insurance companies... and the list gets thin. Not even Google, Amazon, and Apple demand your license or passport.

    Not nonsense, this is fact: The Coinbase database of authenticated and verified users has great value, to governments, corporations, and criminals alike.
     
    #33     Apr 20, 2021
  4. zenlot

    zenlot

    That's why I am not writing shit. You seem to struggle to understand again? Go back to your playground boy.
     
    #34     Apr 20, 2021
    johnarb likes this.
  5. zenlot

    zenlot

    Do you have an account with standard brokers? IB? AMP? Others? All of them have my ID, which as you say may have value to other counterparties. What's different about Coinbase? Or it's just the fact that it's Crypto related company?
     
    #35     Apr 20, 2021
    johnarb likes this.
  6. It is that there is no advantage of cryptos over fiat. Not store of value, not payments, not anonymity. It's a pure form of speculative asset. If you can agree we can move on.

     
    #36     Apr 20, 2021
    krugman25 and RedDuke like this.
  7. zenlot

    zenlot

    You're talking shit again. Go back to educate yourself and come back after knowing a bit more on a matter.
     
    #37     Apr 20, 2021
    johnarb likes this.
  8. Same crap. The idiot is you for everyone to see over many threads and pages.

     
    #38     Apr 20, 2021
  9. RedDuke

    RedDuke

    assuming you did not invest a while back, It looks like it is you and me who are idiots unfortunately.
     
    #39     Apr 20, 2021
    zenlot, johnarb and SunTrader like this.
  10. SunTrader

    SunTrader

    Sure that wasn't said about The Fed LMAO.
     
    #40     Apr 20, 2021
    zenlot and johnarb like this.