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/biz/ - Business & Finance


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28193874 No.28193874 [Reply] [Original]

So i made a binance account, put some € and bought some dogcoins. What now? Do i need one of these crypto wallets or something? Sorry just started today

>> No.28193967

>>28193874
sell signal

>> No.28194039

>>28193874
Mark my words. You will lose your money.

>> No.28194081

>>28193874
>I have money in an exchange do I need a virtual wallet or can I just catch dogecoins with my hand

retard

>> No.28194095

>>28193874
Selling rn

>> No.28194125

>>28193874
don't buy Dogecoin, it's a literal meme coin with massive inflation, only retards buy it now because it's hyped, it won't go anywhere long term

if you want to take part in crypto, just buy Bitcoin and hodl it for a few years

also don't use exchanges like Binance or Coinbase, if you use them you don't own your coins (not your keys not your coins)

use a service like Bitwala (in Germany, idk if it's available elsewhere) that gives you your own wallet and keys

don't lose they keys and don't sell your Bitcoin if it goes down, just hodl

>> No.28194679
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28194679

>>28193874
> What now?
Take the L.

>> No.28194767
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28194767

>>28193874
>bought doge
ngmi

>> No.28194968

>>28194125
thanks for the tip on bitwala
seems the deposit guarantee there is just for euro and I have sek.
but very tempting with the interest in btc

>> No.28195095

>>28194968
>interest in btc
I wouldn't do that, you only make 3 or 4 % per year and in return you give away your keys, so you don't own the coins anymore
not that I don't trust Bitwala, it's a great service, but using the interest function defeats the entire purpose why you would use it (actually owning your coins unlike with the regular exchanges like Binance and Coinbase)

>> No.28195347

>>28195095
What about crypto.com?

>> No.28195382

But i can just withdraw money from binance back to my bank account right? Why would i need a wallet? I only plan on trading, not gonna use coins for anything else

>> No.28195544

>>28195347
I don't know, wouldn't use it if it doesn't give you your own wallet and keys

not your keys, not your coins

do your own research

>> No.28195566

>>28193874
You need a wallet. Send them to mine.

>> No.28195781

>>28195544
>reddit spacing
ffs, /biz is shit now

>> No.28195903

>>28195781
see

the