/biz/ - Business & Finance

BUMP

Answer? Don't want to miss out on any of these mooning but Exodus is being a faggot... Also when I try and transfer to another wallet and click "max" it ends up with a total value of $3.77 NZD - What the actual fuck? I'm new to Crypto's and already this wasn't making much sense but now I'm blown away at how much money I've already lost for simply trying to get into crypto.

>>27884577
It's clearly saying you need to buy more before you reach the minimum to trade

>>27884278
Exodus has a minimum to exchange so you want to do like 60 or 70 dollars but do it all because you won't be able to transfer it when you have less left over.

>>27885198
I'm too much of a poorfag for that, at this point I've already lost half of my initial investment and can't even invest in any coins I want to

This is fucking bullshit.

I got fucked by exodus as well, i managed to scramble and get into ETH circus and now i'm getting fucked by gas 24/7
t. fellow poorfag

Two things.

1. If you don't plan to keep the bitcoin then don't buy bitcoin. Use something that is both faster and cheaper to transfer. I normally use LTC because it fits those criteria and is highly liquid.

2. Exchange it directly on binance it will have much lower fees than exodus and no transfer fees or wait times involved.

>>27884278
If you dont have at least $500 NZD to invest in then I suggest just DCAing about $25-50 NZD a week into a single coin untilo you have enough to actual make trading worth it. Or else you will get fucked over by fees and gas

>>27886157
Yeah, well I've just wasted another $10 in fee's transfering to coinbase because apparently they don't have any minimum exchanges required... I'm probably wrong and have just put myself further into debt, but at this point I'm considering the $75 NZD I put in completely gone.

>>27886753
unfortunately... you are correct

>>27886753
at least you learned a little bit about crypto, thank you for playing

>>27886753
>put myself further in debt
>$52 USD

You need to get control of your life, and i'm not just talking about personal finances. If being short $52 means you're in debt, there's something seriously wrong with your life. No adult in a 1st world country should have a little over 50 bucks to their name.

>>27886753
Thank you for your shekels, goy. Come back soon.

>>27887204
Like I said, poorfag, missed a lot of opportunities in my life, trying to get into Crypto and investing/share holding.

If the amount of money is small, you can do the trade on exodus itself. If you were to send it to an exchange and send back to the wallet, even if the trade fee was small, you'd still have paid 2 gas fees. e.g.: scenario 1) you have 100 USD in BTC on exodus, you send it to an exchange and pay 10 USD gas fee (hypotetical), than you trade for some other coin and pay like 0.1%trade fee, and send it back to your wallet and pay 5 USD in gas fee (again hypotetical numbers), so in the end you have 85 USD in your new coin on exodus. Scenario 2) you have 100 USD on BTC on your exodus wallet and then do the trade inside the wallet with the high fee of exodus, and it's for example 5%, so now you have 95 USD on that new coin, saving you 10 USD from the previous method. Keep in mind that for larger amounts of money it's better to just pay the two gas fees and trade in an exchange with a low trade fee, but for smaller amounts of money you can trade on exodus itself. Just remember to always do the calculations of the different scenarios to know which one is the better

>>27887905
why arent you trying to get a job it sounds like thats what you need first. Seriously 75 is only 3 hours of work