Whether you like Bitcoin or not, it is now part of the financial landscape.
I use coinbase. It has been no problem to move money into COIN and it has been no problem to move cash out. I’m up very nicely in the investment and have bought the dips. The latest dip where I made a purchase was earlly April when bitcoin went back down to the $79k price range. Anyone else want to share regarding bitcoin. I also have some XLM and ALGO in the COIN account (small positiions). XLM is up and ALGO is down from when I purchased…doc
Hi Doc the bitcoin etf’s are very easy to move money in and out of. I was using the grayscale ones before the ETF’s came out, but since they have come out I have been playing it with BITB. The grayscale etf’s have to high expense ratio. I have been playing it since 2020.
The only thing I didn’t like about coinbase was the fees to buy/sell bitcoin and the price that I paid. The fees haven’t changed but I now do limit buys to keep coinbase from adding up to $1000 to the current price of bitcoin. I haven’t ever bought a bitcoin ETF. I may have to take a look. Thanks…doc
I have been in Grayscale Bitcoin ETF for a long time because I didn’t have another choice. Now with the competition, I believe either the other ETFs will increase their fees or Grayscale will eventually reduce their fees. But Grayscale holds more so I like to stay where I am.