I have an old account with TD Ameritrade - and money leftover in that account - and mistakenly believed I could buy crypto. What's a safe platform (understanding that "safe" is a relative term) to make a purchase?
Is Coinbase the consensus platform?
Something else?
I recommend Gemini though. Cash transfers to and from faster. Plus apparently Coinbase is on the WEF site. After your ACH clears, I recommend getting it off the exchange into a private wallet. I also like the Exodus wallet. If you are going to leverage trade, I recommend Kucoin.
Thanks for that info - I just looked up Gemini and it was founded by the Winklevoss twins. As in, the Facebook guys. So I hesitate to trust that any more than a WEF-approved company.
Kucoin is owned by a Malaysian guy, headquartered in Seychelles or Singapore. Exodus is a midwestern/heartland company - Nebraska. https://www.crunchbase.com/organization/kucoin https://www.crunchbase.com/organization/exodus-052e
I don't know what or who to trust here. Ugh...
At this point it is going to be impossible to avoid anything connected to the power structure. Get in, get your bitcoin, get it off to a private wallet. If you want it to not be traceable to you, you're going to have to jump through a lot more hoops for that which is beyond this post here.
Buy bitcoin only. Leverage that to speculate on everything else. Bitcoin is the only buy and hold forever.
Isn't bitcoin 37k a coin? I do not have that kind of money to play with
you don't have to buy the whole coin. Let's say you have 5000 and bitcoin drops to 25k. You could buy 1/5th of a coin. whatever percentage gain as it goes up would apply to your investment. you can buy a smaller piece even. Don't use coinbase for small transactions because their fees will destroy your margin if you are investing in the dips and rises.
look at kraken. San Francisco based. The CEO recommended that everyone take their coins off the website and into cold storage after the banks started seizing assets. So they are definitely looking out for you. www.kraken.com
Yes. Gemini is good. just get the feeling they want the whales for customers. I am using. I would use cold storage off of websites. I know there are phone wallets but I prefer the idea of having completely offline from any external bad actors.