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2210063 No.2210063 [Reply] [Original]

Hey /biz
I wanted to ask, is Coinbase a good wallet for beginners? I'v just recently encouraged myself to join the bitcoin/crypto market.

Should i keep coinbase as my main wallet or switch to some other?

any suggestions?

Thanks

>> No.2210069

>>2210063
its where i began and it causes me fewer problems than I see other people complain about
i still use it

>> No.2210080

i don't have a problem with it and i make use of the usd wallet it offers, so it's good for me.

>> No.2210098

>>2210069
>>2210080
>Didn't experience Mt Gox

>> No.2210102

>>2210063
I use coinbase and haven't had issues.

Use a very strong password and MFA and be sure to enable MFA for all outbound transactions. Be mindful of shit you run on your computer.

Coinbase's insurance won't help you if someone hacks you.

>> No.2210145

>>2210063
Official wallets will always be the most secure way to store your coins. Make of this what you will.

>> No.2210479

>>2210063
Have fun cashing out. its 99% impossible on coinbase

>> No.2210493

>>2210098
know that feel, i only lost 0.8BTC on mtgox but still annoying

>> No.2210503

>>2210479
mfw I cashed out 5k a month ago...mfw I cashed out too early. REEEEEEE

>> No.2210512

>>2210063
Yes it's safe nucoiner, welcome to crypto :)

>> No.2210538

You might want to consider Bitpanda. Lower fees and easier payment options

>> No.2210553

>>2210479
>Have fun cashing out. its 99% impossible on coinbase

How so?

>> No.2210568
File: 296 KB, 681x1024, FLIPPENING.jpg [View same] [iqdb] [saucenao] [google]
2210568

its pretty damn safe from external attackers if you have a good password and google authenticator activated on everything

but your wallet is still very much owned by coinbase, so if they pull a mt gox, you are left with nothing
, so EU
also, only US customers are insured against attacksanons should not store anything on there long term

>> No.2210586

>>2210063
I you're new I don't see the point in day-to-day trading. Buy some on coinbase and move them on your own wallet (I use electrum), then HODL for long term.

I you try trading you will lose, I promise you.

>> No.2210735
File: 6 KB, 250x250, 1493791734988.jpg [View same] [iqdb] [saucenao] [google]
2210735

>>2210069
I see people complaining about Coinbase all the time! Why not using quadrigacx?

>> No.2210755

>>2210586
Yes. Use Electrum for BTC

>> No.2210772

>>2210098
>tfw i played around with BTC in high school when i was around 16 bucks.

feels really bad man.
how do i deal with self-kicking over missed opportunity? any good coping mechanisms that dont involve drugs?

>> No.2210780

>>2210772
> DAMN why didn't I buy Apple when they were $10 a share!!