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22/01/18
11:38
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Originally posted by Wilson!
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I set up an account today with coinbase on my android phone, bought BTC at $13,645 AUD and it's currently trading at $14,941
I've been watching from the sidelines for a while now and I'd have a dabble.
My thoughts so far;
- Coinbase was easy to get started
- I only bought a small parcel
- The fee was high for a small parcel
- The converted AUD price I paid was much higher than the current exchange rate equivalent (are they profiteering from a high exchange rate fee as well as order execution fee
- I want to accumulate XRP but they don't support it
- What's the best Aussie platform to buy XRP
- I would like to think this isn't a bubble about to burst, most missed the 2017 run so a buy, sit and accumulate strategy for 2018 that netted several bags would be brilliant
- As with penny stocks, it seems that small $2 coins are being examined, looking for the next BTC - anyone got any favourites so far?
I found this a bit of fun so far and happy to throw some cash at it that I can afford to lose.
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Just a note...Bitcoin transfer fees are ridiculous...generally i buy litecoin or ethreum and transfer that to a "real" exchange for trading as the fees for litecoin and ethreum transfer are basically F all