Losing Bitcoin fast?

[Morefyah]

I am feeling frustrated using coinbase for Bitcoin purchase. I have a $2000 limit but it takes 8 days for the money to clear into my account. We the exchange rate I have lost $23 dollars in two days.
Now when I go to buy more the price keeps going down and I have to keep buying more to make up for the lost money.
But it keeps changing and then it takes 8 more days to clear again! WTF!!
Any suggestions?

 

[ronin17]

I am feeling frustrated using coinbase for Bitcoin purchase. I have a $2000 limit but it takes 8 days for the money to clear into my account. We the exchange rate I have lost $23 dollars in two days.
Now when I go to buy more the price keeps going down and I have to keep buying more to make up for the lost money.
But it keeps changing and then it takes 8 more days to clear again! WTF!!
Any suggestions?

Dude, it has almost doubled in a year. Think about if you had bought a hundred bitcoins a year ago. You would of made close to $40,000.

Its like stock. It fluctuates. Nature of the beast.

 

[taco33150]

Its currency trading..

 

[Morefyah]

Yeah I know.
Just frustrating losing money.
I was ready to send my money/order because my money finally cleared.
I woke up and found out it's down $23 dollars. Now I have to wait 8 more days for more money to clear and hoping it doesn't go down again.

 

[Nat2Syn]

Use gemini

 

[mcammy]

Put it in there and let it sit


Sent from my iPhone using Tapatalk

 

[taco33150]

You linked a credit card on file?

 

[Sk8man101]

Use gemini

What is that?
Coinbase can suck a fuck, I can't get it to work.

 

[Morefyah]

You linked a credit card on file?

Yeah it has a lower limit though.
The good thing about circle was that it transferred instantly.
This kinda sucks!

 

[taco33150]

Circle won't let you send money with the Bitcoin address anymore

 

[Robfromga]

Circle won't let you send money with the Bitcoin address anymore

Really? What's a easy one to use then? Its been a while since I used circle...and it was easy as hell

 

[taco33150]

Really? What's a easy one to use then? Its been a while since I used circle...and it was easy as hell

Coinbase.. they own them now.. coinbase is a little more involved.. just as my limit went up it changes

 

[System7]

If you use local Bitcoin through a broker the exchange rates are higher but you instantly have your coin. Better than losing money waiting on coin base. Higher limits and more anonymous.

 

[Test_Subject]

I am feeling frustrated using coinbase for Bitcoin purchase. I have a $2000 limit but it takes 8 days for the money to clear into my account. We the exchange rate I have lost $23 dollars in two days.
Now when I go to buy more the price keeps going down and I have to keep buying more to make up for the lost money.
But it keeps changing and then it takes 8 more days to clear again! WTF!!
Any suggestions?

Welcome to trading in commodities.

 

[D-max]

Open a USD wallet in coinbase, put money in it(it takes a few days), then when that money is there you can buy and sell instantly.

 

[Morefyah]

Open a USD wallet in coinbase, put money in it(it takes a few days), then when that money is there you can buy and sell instantly.

How is that any different then a Bitcoin wallet? Is the rate locked in?

 

[dokdonia]

How is that any different then a Bitcoin wallet? Is the rate locked in?

It's stored in dollars. It's like another bank account. You are moving dollars from your personal account to coinbase. You can then buy the entire amount of bc immediately at whatever the exchange rate is at that time.

 

[Frandeman]

If you use local Bitcoin through a broker the exchange rates are higher but you instantly have your coin. Better than losing money waiting on coin base. Higher limits and more anonymous.

LocalBitcoins.com too

 

[Potato]

Link a debit card to coinbase. I did that and my spending limit is $10,000 with no delayed period. Bitcoins arrive instantly.

 

[Just Fish]

Has anyone tried adding US dollars with circle then sending it to coinbase?