Bitcoin Advice Needed

[Hotpizza]

I have stayed away from BTC just because, no real reason, just didn't feel the need for it, that is until now.

Based on some of my models I use I did a test on BTC and see an opportunity to make some $$$

I opened a Coinbase account, went through all the verification etc etc.

Bought BTC but takes 10 days to clear.

Here's my questions:

Once I have the BTC released where it is in my full control, what do I do with it. Leave it there, move it to another site or ????

My other question is this: Is there a faster way to get control of the BTC rather than waiting 10 days?

I know there was some long potentially outdated thread but I don't want to go read 800 pages of it.

I think BTC has a potential to increase from here around 30-35% that is based on $7800. I don't have a time frame but I trust my projections as they have served me well on stocks, some I have shared here and made people a lot of money.

It's time for you to educate me on BTC. Have at it and thanks in advance.

 

[raiders72]

I have stayed away from BTC just because, no real reason, just didn't feel the need for it, that is until now.

Based on some of my models I use I did a test on BTC and see an opportunity to make some $$$

I opened a Coinbase account, went through all the verification etc etc.

Bought BTC but takes 10 days to clear.

Here's my questions:

Once I have the BTC released where it is in my full control, what do I do with it. Leave it there, move it to another site or ????

My other question is this: Is there a faster way to get control of the BTC rather than waiting 10 days?

I know there was some long potentially outdated thread but I don't want to go read 800 pages of it.

I think BTC has a potential to increase from here around 30-35% that is based on $7800. I don't have a time frame but I trust my projections as they have served me well on stocks, some I have shared here and made people a lot of money.

It's time for you to educate me on BTC. Have at it and thanks in advance.

I would transfer out of Coinbase and put it in Blockchain.com. All you need is an email. Back up your wallet and write down the 12 word phrase. This 12 word phrase can recover your wallet if you forget password. No one will help you if you forget the password. The 12 word phrase is the only thing that will recover your wallet.

Gemini and Cash App are two places where you may want to get verified to purchase in the future. Your first buy will get delayed but it in the future it will be quicker. You can also buy from localbitcoins but it's not recommended unless you have experience. You have to buy from a person with many transactions and a 100% rating. This site has a ton of information on wallets and exchanges. https://www.cryptowisser.com/exchanges/

Also, go get a Bitbay card. This works as a prepaid debit card. You can withdraw cash at ATMs and purchase items the same as you would with any other debit card.

 

[michael777]

My other question is this: Is there a faster way to get control of the BTC rather than waiting 10 days? You can get intact access to your deposit by using a debit card,there is a fee though

 

[Hotpizza]

My other question is this: Is there a faster way to get control of the BTC rather than waiting 10 days? You can get intact access to your deposit by using a debit card,there is a fee though

I originally set Coinbase up that way. However the limit was very small (three digits). I am thinking that is due to the amount you can do max per transaction. When I linked up an actual account the limit went to seven digits.

Thanks for your reply.

 

[Hotpizza]

I would transfer out of Coinbase and put it in Blockchain.com. All you need is an email. Back up your wallet and write down the 12 word phrase. This 12 word phrase can recover your wallet if you forget password. No one will help you if you forget the password. The 12 word phrase is the only thing that will recover your wallet.

Gemini and Cash App are two places where you may want to get verified to purchase in the future. Your first buy will get delayed but it in the future it will be quicker. You can also buy from localbitcoins but it's not recommended unless you have experience. You have to buy from a person with many transactions and a 100% rating. This site has a ton of information on wallets and exchanges. https://www.cryptowisser.com/exchanges/

Also, go get a Bitbay card. This works as a prepaid debit card. You can withdraw cash at ATMs and purchase items the same as you would with any other debit card.

Thanks for your reply. I went to blockchain.com at first I tried to set up an account and they declined it but then found I tried in the wrong link and did successfully open a wallet. My phrase isn't 12 words, it's a bunch of code five or six separate entities.

I am going to look into Cash App, I've heard of that one. Gemini, I haven't. My whole key is to get the BTC released a lot quicker than this 10 day waiting period. I can put it to use if needed as well.

Thanks again.

 

[99steak]

I have skeptical about bettingresource but didn't want to get left behind if somehow it becomes a big thing in the future. Withdrew 2 bitcoin worth of cash from betcris (at that time bitcoin was going at around 5k) to create another portfolio to follow bettingresource.com's picks with that 3% compounding strategy. I am mainly using this bankroll at my blockchain and place the bets at stake.com (bitcoin book) and another bitcoin book. I currently have almost 10 bitcoins. Its crazy how the value changes each week up and down. But I am just going to leave it there and see what happens. Hoping to get to 50 bitcoins. After that point, i won't be able to keep compounding due to limits. Also, stake.com doesn't offer whole spreads and their juice is pretty shitty but they are super prompt with cashouts. I Only keep small portion at the books and the rest stays in blockchain for obvious reason. If there is a losing streak and more is needed, then i would pull from block chain into the book.

 

[Hotpizza]

I tested out cashapp. They wouldn't approve BTC purchases because they didn't like the selfie. Wanted me to send another so I did and haven't heard anything back. Why these places want a selfie is odd to me. Maybe I send them a dick pic next time.