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1  Economy / Exchanges / What’s up guys! NEW here - Correct me what I should fix with my BTC accumulation on: April 24, 2021, 02:04:12 AM
Hello,

I’ve gotten into BTC when it was around 40k. Wished I jumped on it earlier but I know it’s never too late. I mostly learned everything on my own (with the help of youtube videos) and then I came up with my own gameplan.

What I was doing before and what I DON’T recommend is using an Exchange to buy Bitcoin if you’re planning on holding/hodling. Before I used Binance.US and Coinbase Pro and once you deposit your fiat, with both exchanges it takes a long time before you can withdraw your crypto/usd. With Coinbase Pro I made a $1000 purchase of Bitcoin. In 2 days they took my payment through ACH and then I had to wait 14 days so I can have full custody of my money....see FOOK THAT...i dont like that...so I was thinking what is the quickest way to buy and have control of your bitcoin and the fastest method for me now is:

Purchase Bitcoin with Cashapp. Once bought, immediately transfer to my Nano S.

Once you buy your coin with CashApp & there are no restrictions. Immediate possession to do whatever you want. Also, if the market is crashing, or having a heavy dip quickest way is to send from your nano s straight to cash app..once you sell....fiat is immediately ready in your cash app that can be instantly sent to your debit card.

I strongly advise you guys to get a Cash App debit card for this.

If there is anyone that can chime in with some other tips or corrections it would be great.

Im trying to learn and see if this is a good plan. I like something that will give me quick possession of the fiat as well if I need the access to it. CashApp solves this.

Cheers !
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