posted Mon, 05/20/2019 - 10:32
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Cryptocurrencies
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Hey guys im just getting into investing in BitCoin and used Coinbase but they are so fucking lost. The worst support ever and since i bought and sold 7000$ in bitcoin they cut my daily purchase to 1000$ a day. Where can i buy with much higher daily limits?
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Don't buy directly from coinbase. Transfer money into your USD account (takes longer) but buy and sell from GDAX and save yourself a whole bunch of fees. (your USD account is linked to GDAX)
**GDAX is Coinbase's professional trading portal.
Who_CaresThanks Greg i was going to use Kraken but i will go use GDAX. Thanks
Gemini, they’ll front you like $500 instantly, until your bank clears. After time, that limit will increase. You’re a bold man buying that as an investment. Maybe Coibase’s GDAX will let you purchase more daily.
Who_CaresBitcoin in a year or so will be over 20k
X 2
We are at the start of a new bull run with institutional investors already getting into the game. We also have a reward halving next May which has always propelled the price higher. You should see healthy gains by the end of 2021. This year, bitcoin should see at least 15k and could go as high as 20k to 60k. If it gets much higher than 20K expect a deep pullback to 10k or 15k or more... however, by the end of 2021 it could be as high as 80k to 100k. Historically you could see an 80% pullback to 20k (as the 2017-2018 cycle did) marking the end of this bull run. (Rinse, Repeat).
That said, all bets are off if institutional buy in takes off. Bitcoin my become far more stable and you'll never see these huge runups and falls again.
Who_CaresThanks Greg my thoughts exactly. Skys the limit. I know you're in brother
The downward sell pressure will be immense. There are so many people waiting to break even. I hope you see 20k. I did well in crypto. I don’t think I’ll ever get back into it.
Who_CaresIt is stressful and very volital but now its being bought by institutions for funds and shit. Great upside potential. I hope
Who_CaresGemeni i can wire unlimited but its a pain inthe ass. I just went to kraken and they want a ton of docs plus dna and your first born.
Cash app allows you to buy bitcoins
Coinbase are too strict because they trying to stay compliance with the SEC
Who_CaresIs it called cash app?
Yes cash app
They cut me down to 10$ a day they suck.
Who_CaresThey cut me to 1000$ a day.
High roller...
Who_CaresHey Sam! Im all in or nothing. Poor quality i know. LoL