unless you sell, you havent lost anything.

Coinbase has lots of competitors that list other coins they do not, they dont look like fools because if it.    weak attempt to pump cardano and no basis to have anything to do with coinbase.   Zero evidence of the new exchange considering cardano.

+1 for me too.    ZEC, Monero, XRP, Dash, BCH    Of course having one of the busiest exchanges open up to other coins could seriously affect their btc,ltc and eth volumes.   

besides coinbase, are you also using GDAX?  higher initial limits and you can login with your coinbase info.      Worst case, you could also search for a local bitcoin atm if you are willing to pay the fees.

Only if you think cryptos are dead.   people felt the same way about bitcoin when it hit $1,$5, $10, etc.   there is plenty of money to be found at current prices.   As a teenager, I would recommend a different path and invest more of my savings into it and include a hardware wallet as part of that investment.    Go with your gut and not just the advice of strangers (myself included).

echoing earlier comments, emotions are the enemy.  I am not a daytrader by any means but doing some more frequent trading and I can say without a doubt that when I follow emotions over carefully laid plans I have been frustrated for hours and days when it was completely avoidable.    All my trading is in btc and taking small bites of profit out of the daily trading ebb and flow.   still learning and love seeing others with reports of success too.

well if you find a place be sure to post it because they wont be in business long.   Who in their right mind would let you deposit 7k and give you 700k worth of bitcoin so you can sit on it forever with no fees and no payback date???     

Curious about your proposed business model; why do you think a pool is going to want (be willing) to sell you bitcoin at a discount?  They can sell easily at full price.   All day every day.

You can buy from exchanges too, even just buying the dips, to stock your machines and you are absolutely correct, if the price crashes you are taking it in the shorts.  The bright side is the machines near me charge outrageous amounts so you can make a quite a bit in short order and you can also spread your buys out as time passes to ensure your buy price is close to current.   You could buy daily if you needed to.

Instead of thinking about multiple ATMs and not being able to afford BTC, you are probably better off thinking about one ATM and a supply of btc.   If you want less hassle you can also do a one way/ buy only atm and cut down on your responsibility.    There can be significant cost with setting up a certified money business too.    Most of the research I've seen indicates a $10-30k per month buy from ATMs at really good locations, so a few BTC will go a long way at most locations.

I like what he said but he is nuttier than a fruitcake, a true tinfoil hat wearing paranoid bat crap crazy individual.    Notice I never said he was stupid, just crazy.    I hope he is correct, personally I  think projections are a giant waste of time.   Trying to predict and model off other financial instruments just doesnt cut it; he could be off by decades or never.  Like the dollar, bitcoin has no innate value other than what we give it.  You could have something new come along tomorrow and replace cryptocurriencies because people are fickle.   Its only worth what someone else is willing to pay for it and I hope they continue to buy.

Send him a cut and paste of the daily volume from your favorite exchanges and explain for someone to buy those, someone else had to sell them.    Then stop talking to this friend about bitcoin, he is not interested and you are wasting your time.   

dont expect it to always be a run UP, it moves fast.   If it moves down you only lose money if you sell.

Coinbase and Kraken are both US based exchanges (based on TX in your username) and you can use a bitcoin ATM to buy, buy from an exchange or buy from a person; lots of choices.  I'm in DFW area are there are a few btc atms.

Have any of the exchanges announced support for gold?    With BCH I was trading on day one because Kraken supported and gave coins immediately after the fork so I left some on exchange.

I've bought in dips over last month or three.   Beauty of it is, only you determine what is a big enough dip; with prices that can span 200-800 dollar swings in any day you can make nice profit on a $200 dip, it doesnt have to be a $1,500 dip to make money

Kraken is another US based exchange

Yes, if our company offered BTC as an option, I would put a significant percentage of my monthly contribution into it.  Because I expect to work for years, I am willing to ride the ups and downs without thinking I am really affecting my retirement money.   I would reallocate some of the current holdings into it as well but not all.

sounds like he needs the paperwork to file for insurance.    not many would believe you if you said oh yeah, I have 50k in gold too.

Time of the fork

I am almost satisfied.  I have more BTC than I did last weekend and no issues from the zoo of last two days.  I wish I had gotten a better price but it was free money

Thanks Coin-Keeper.  That was my last of multiple trips ranging from 1990-2010, When I was 20 I swore I would never go back and then celebrated my 40th b-day there.