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/biz/ - Business & Finance


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13371128 No.13371128 [Reply] [Original]

I'm thinking of starting to invest in BTC as a super-high-risk investment. I'm already maxing out my Roth IRA and putting 4% of my salary into a 401K, so I want to fuck around with BTC. I'll probably start off slow, like $100/mo.
What's the best way to get BTC with the lowest fees? I've used Coinbase in the past, but the fees are complete rape. Based on my research, it looks like Binance and Kraken are good alternatives?
What wallets do you guys recommend? Should I just stick with a Trezor?

Also why the hell doesn't /biz/ have a sticky?

>> No.13371290

bump

>> No.13371303

>>13371128
I've heard a couple people using the Cash App saying they have lower fees, but i've never used it, i've only used coinbase.

The Trezor is perfect!

And since you're responsibly maxing out a roth and putting a healthy amount into your 401k I would highly recommend putting as much as you can into btc. The 1-2 years will be nuts.

>> No.13371323

>>13371128
Nobody cares about your babydick lunch money, normie. WOW! 100 dollars of bitcoin! Fucking high roller here.

>> No.13371327
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13371327

>>13371128
Use Gemini exchange if ur in US

>> No.13371432

>>13371303
>Cash App
just looked this up, you can't transfer your coins to another wallet

>>13371323
$100 per month doesn't seem too bad to play around with an asset I have no experience with. Why, how much do you think I should put down?

>>13371327
oh forgot about that one. Thanks, I'll look into Gemini

>> No.13371836
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13371836

bump

>> No.13371870

>>13371128
use gdax and limit orders you boomer niglet!

>> No.13371898

>>13371128
Don't buy bitcoin, buy nano or bch. Bitcoin wont scale and is a piece of shit.

>> No.13371917

>>13371898
bitcoin cant scale long term but it will be the absolute king for the next decade meanwhile nobody will even know or remember what these pajeet shitcoins like nano were when it finally gets replaced.

>> No.13371935

>>13371128
> I'll probably start off slow, like $100/mo.

We are in accumulation phase and it will not last forever, you better buy 1 BTC/mo

>> No.13371946

>>13371128
Beyond your 401k and Roth, how does your portfolio look like?

>> No.13372074

>>13371917
Nocoiner should mean someone that doesn't actively use crypto. It would make most BTC maximalists nocoiners

>> No.13372177
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13372177

>>13372074
i use btc to troll (and hopefully educate) people every day

>> No.13372221

>>13371432
>asset
Bitcoin is the currency of the future. Fuck off, retard.

>> No.13372585

BisQ has lowest fees

>> No.13372589

>>13371128
bitstamp or kraken + binance = good.

>> No.13372718
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13372718

>>13371128
BTC is full, on the way down, BCH is the real bitcoin

https://txstreet.com/

>> No.13372771

>>13372718
what if bitcoin is veblen good?

>> No.13372802

>>13371128
coinbase pro
limit orders fee 0.15%

>> No.13372867

>>13372802
not so long ago it was free but i guess too many people used limit orders exclusively and they had low traffic.

>> No.13372873

>>13372867
Or... they have a captive audience because they are the most trusted exchange.

>> No.13372939

>>13372873
or both but if you are patient you can buy 1% lower than spot any day so buying spot at 0% is not that important imo.

>> No.13372953

>>13372873
also what i like about them is they listed a bunch of useless shicoins in the end but they never listed sv.