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/biz/ - Business & Finance

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58438194 No.58438194 [Reply] [Original]

Do you keep any of your crypto on exchanges?

>> No.58438328

>>58438194
All on coinbase

>> No.58438340

>>58438194
that's really not advisable unless you're actively daytrading and need instant liquidity

>> No.58438350

>>58438340
How about the ones that pays you interest daily for your coins?

>>58438328
You trade or lend or something?

>> No.58438353

>>58438194
Most of it on multiple exchanges, that one if one exit scams they only get a percentage of the folio

>> No.58438376

>>58438353
What's your reasoning for keeping your crypto on exchanges?

>> No.58438388

>>58438376
I trade it and I need to pay more if I withdraw and deposit everytime I want to trade

>> No.58439359

>>58438194
are you asking whether I am a dumb cunt?

>> No.58439363
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58439363

>>58438194
No, all on self-custodial wallets

>> No.58439372

>>58438350
No I'm just dumb. It's only like 80k though

>> No.58439433

Why is everyone on /bitcoin hating on ledger live? It just works.

>> No.58439447

>>58439372
bybit owes me about $500, so salty about it, account was lvl1 verified, now locked. dumb fucks, never go cex, ever.

>> No.58439449

>>58438194
Nah, actually the only one I have out of a wallet is SHRL atm, but that’ll be taken care of soon as well

>> No.58439636
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58439636

Yes, binance, I'm outside US and I don't hold that much. I only keep BTC, $super, eth and whatever shit binance shills to me, that way I make my cash and grabs.

And I just dont care what you guys think, It works for me, I'm not the "guhverment" is gonna take away anything since they barely know what a crypto is here.

>> No.58439647

>>58439636
>And I just dont care what you guys think
chill bro, not everyone here is a paranoid conspiracy faggot, you do you as long as it works for you.

>> No.58439677

>>58439363
>No, all on self-custodial wallets
and what you keep there, pepe? 2000$ on doge?

>> No.58439678

>>58438353
pajeet learn english first please

>> No.58439680

>>58439636
IMO doing only Binance is ok. why stress over it?

>> No.58439769

>>58439433
Why don't you ask them and then stay there? There are only Nazis on 4chan. You're not a Nazi are you?

>> No.58439797

>>58438194
Never. I have a reasonably convoluted cold storage mechanism setup for all my coins.
When I use exchanges, I tend to do it in small chunks: send max amount I'm willing to lose, trade, withdraw, repeat until done.
>>58439433
Two reasons mostly:
1. Ledger fucked up the marketing of their wallet backup mechanism pretty badly, to the point many normies are afraid of them now.
2. Ledger Live is infested with "partner offers" on every pages that benefit Ledger, but tend to offer shitty deals to its users.
But yeah, the hardware is solid, and if you can ignore all the terrible ~~integrations~~ ads in Ledger Live, it's fine. It's fine. It's just fine.

>> No.58439817 [DELETED] 
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58439817

>>58438194
I hold RETARDIO
Yeah I'm that stupid
No I'm not selling

>> No.58439819

>>58438194
All safe on satoshibank
And greener with each passing day

>> No.58439845

>>58438388
Active trading is the only reason to stay on an exchange. Just be vigilant because every exchange will fail eventually and that eventuality is sooner than blockchain failure. In the case of exchanges that are doing everything "by the book," (i.e. bitstamp, kraken, coinbase) it's extremely unlikely that you can be mtgoxxed. The only tangible risk is that under very unstable market conditions you can't get out at the true market price.

>> No.58440015

>>58438194
I keep all of mine on Kraken. No withdrawal/network fees for me, and everything's ready to trade at a moments notice.

>> No.58440031

>>58438350
>How about the ones that pays you interest daily for your coins?
Rugs.

>> No.58440151

>>58438194
100% on coinbase

>> No.58440521

>>58438376
somebody could rob my house

>> No.58441019

>>58438194
Not really.

>> No.58442016
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58442016

>>58438194
The true bull trio is
>launches?
pinksale
>exchange?
coinbase or binance
>decentralized trading?
dexview