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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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6234822 No.6234822 [Reply] [Original]

>there are people on /biz/ RIGHT NOW who are using a credit card on Coinbase to buy crypto on margin

This is who you're getting advice from. Are we reaching peak bubble status?

>> No.6234912

Leverage is a great way to gain wealth.
If you know what you're doing that is, so not really anyone investing in crypto.

>> No.6234921
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6234921

Anyone managed to increase their credit card buy limit on Coinbase above $250 / week?

>> No.6235036

I just put in a deposit and its gonna take 9 days to arrive what the FUCK

fuck coinbase

>> No.6235152
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6235152

>>6234822
I don't see the issue OP. I wanted to buy LINK fast. I spent $5000 in total over the months using ONLY my credit card and now I have $16000 worth in LINK.

>>6234921
Yep, just kept buying every week. Eventually they increased my limit after I assume they didn't get assfucked with chargebacks from my CC.

>> No.6236050

>>6235152
have you paid it off yet?

>> No.6236119

>>6234822
yikes

>> No.6236138

>>6236050
I didn't take any loans. Only used what my debit allowed.

>> No.6236182

>>6235036
Same, 8 days for me. Fuck this shit.

>> No.6236239

>>6234822

WHAT are you supposed to use to buy crypto? srs question

>> No.6236331

>>6236239
I do ach bank transfer to normiebase or gemini and then buy from an exchange like 90% of people probably

>> No.6236422

>>6236138
>thread about credit
>posts about debit
Dear god.

>> No.6236634
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6236634

>"Identity verification usually takes about 3-5 minutes"
>24 hours later, no word from Coinbase or Gemini
I just want to lose money

>> No.6236905

We don't Pump and Dump. We Pump and HODL.,/

https://discord dot gg/hTTEEt2

>> No.6236969

>>6234921
5000 here, as another anon said dump max each week and they will increase

>> No.6237044

>wanted to buy ETH dip
>my bank didnt let me for some reason
>set up overdraft despite having enough cash
>coinbase declines because tried too many times

fuck this shit
can't wait for FairX or whatever its called

What are more obscure places to buy crypto that dont take ages to verify?

>> No.6237059

>>6234822
There are people that still use that piece of shit service coinbase?

>> No.6237119
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6237119

>>6236634
I've been waiting for more than a month now for bitstamp to verify me. No joke.

>> No.6237394

>>6234822
There are people buying shit to clutter up their house on Amazon with a credit card. Are we reaching peak consumerism XMAS bubble status? dumbass

>> No.6237428
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6237428

>>6234822
shorting BTC like mad.