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56470728 No.56470728 [Reply] [Original]

How can I leverage $25k with my bank account right now on coinbase? Can I literally just buy $25k of BTC and sell it in a couple hours (if the trend keeps up) to cash out a couple hundred?
That makes no sense to me, are they just going to take a shit ton of fees out? What if the trend reverses and I owe a bunch of money? Does bankruptcy take care of it?

>> No.56470754
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56470754

>>56470728
1. You can't leverage trade on Coinbase
2. You can pump and dump $25k but you'll lose money to fees. You can get a free month or two of their service for free trades right off the bat, though rather easily. Normally it's $30 a month.
3. Yes, a shit ton, unless #2
4. You more or less lose a bunch of money, not "owe"... you're not spending a loan are you? Jesus fucking christ.
5. Bankruptcy does take care of it, yes.

>> No.56470757

>>56470728
sheeeeeeeeeeeit nigga bidda bat mo tum muh fugga bix nood fr fr y'all no cap nigga nawm sayin nigga sheeeet n shit nigga nah sayin

>> No.56470790

>>56470754
Fpbp thank you senpai! And no it's not a loan >_<

>> No.56470792

>>56470754
addendum
HOWEVER....
You can send crypto bought on Coinbase to Metamask and leverage trade on sites like GMX or Gains on dex.
Do note that any fiat sent to Coinbase will have to remain there for 9 days before you can send it anywhere else. Crypto is instant.

>> No.56470802

>>56470792
Do not do this OP. You will lose 100% of your money faster than you realize what happened.

>> No.56470821

>>56470728
learn what a spread is.

>> No.56470827

>>56470792
Yeah so that doesn't make too much sense in the timeframe

>> No.56470834

>>56470802
I did say can, not should.

>> No.56470839

might as well toss your money in a pit of fire instead of leverage trading

>> No.56470843

>>56470821
Other than your mothers succulent buttcheeks idk what you're talking about

>> No.56470852

>>56470839
Which pit of fire and what is my projected gain? I'm done with the kike ones

>> No.56470855

>>56470834
addendum
I do suggest doing most if not 90% of your crypto trading on dex, though. WAY cheaper if you stick to L2's, namely Arbitrum by volume, and just keep a little Ether on Eth around for whenever a memecoin makes more than four or five threads a week.
Ignore bnc,
and Avax.
(but seriously buy some Avax if it hits $9)