Originally posted by Skinny
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Bitcoin...Cryptocurrency
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So when the overall market is falling, what do you guys do? I’ve sold and bought a lot of the alt coins, but have been using bitcoin/eth for trades. Right now, I have money sitting in bitcoin because I couldn’t find an alt I wanted to buy. But bitcoin is falling, so I’m losing value. I’m using binance primarily. Can I hold US dollars in binance? Or should I send bitcoin or eth to coinbase, then hold it in US dollars in coinbase wallet?
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Originally posted by texasdeerhunter View PostSo when the overall market is falling, what do you guys do? I’ve sold and bought a lot of the alt coins, but have been using bitcoin/eth for trades. Right now, I have money sitting in bitcoin because I couldn’t find an alt I wanted to buy. But bitcoin is falling, so I’m losing value. I’m using binance primarily. Can I hold US dollars in binance? Or should I send bitcoin or eth to coinbase, then hold it in US dollars in coinbase wallet?
I have the exact question. Lol
Skinny
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So when the overall market is falling, what do you guys do? I’ve sold and bought a lot of the alt coins, but have been using bitcoin/eth for trades. Right now, I have money sitting in bitcoin because I couldn’t find an alt I wanted to buy. But bitcoin is falling, so I’m losing value. I’m using binance primarily. Can I hold US dollars in binance? Or should I send bitcoin or eth to coinbase, then hold it in US dollars in coinbase wallet?
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Originally posted by texasdeerhunter View PostWhen you copy the deposit wallet address in coinbase, it can be pasted in the withdrawal address in binance. However, binance also wants a “label”, but I can’t find where I can generate a label in coinbase to enter it into binance to complete the transfer....
I always throughly that was for your own personal use. Like leaving a note for yourself. Not sure really.
Skinny
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Originally posted by texasdeerhunter View PostSo when the overall market is falling, what do you guys do? I’ve sold and bought a lot of the alt coins, but have been using bitcoin/eth for trades. Right now, I have money sitting in bitcoin because I couldn’t find an alt I wanted to buy. But bitcoin is falling, so I’m losing value. I’m using binance primarily. Can I hold US dollars in binance? Or should I send bitcoin or eth to coinbase, then hold it in US dollars in coinbase wallet?
In Bittrex they have something called USDT. It's basically dollars but cannot be transferred to your bank account straight up. The value is permanently tied to the dollar at 1:1 value and you can use it to buy BTC at any time. That's where I keep all my money so I can buy and sell whenever I want AND still sleep soundly at night. LolLast edited by BlackoutRam2500; 01-21-2018, 12:07 PM.
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Originally posted by Jtrage View PostSomeone needs to shut down the Super Bowl boycott thread!!!! Go vibe. Or just let everyone to know to tune in for the commercials.
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I sat there and watch vibe at a dollar for about 1 minute. Thought about pulling the trigger, but before I did it was back up to $1.05 or so. Oh well. I think it’s still a great buy at the current price. If $.20 is going to make that big a difference, it ain’t worth buying. Still watching it.
Skinny
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