If you are just starting and want to specifically get into trading, I see no harm in just using an exchange like poloniex as your web wallet..

Just make yourself a polo account and send your coins there, you can hold all your altcoins there too.. No big deal..

Once you get a bit experienced in crypto and decide that you want to hold this or that coin long term, then you can look into software wallets and security, and/or cold wallets, hardware wallets etc..

Yes holding coins on an exchange presents a level of risk, but so do web wallets.. Google cooperates with blockchain.info spoofers and people loos their web wallet coins all the time for noob mistakes..

Just use whatever exchange you pick as your web wallet, they are going to be better at securing your coins than you are until you really put in the effort to learn what it takes to secure your own coins..

4chan made that up and the cia and msm took the bait hook line and sinker..

THIS!!

And it has something to do with china..

I meant to reply to what the info out of china is supposedly rather than your take on it..

I meant, ofcourse they would downplay the situation so they can keep us buying while they GTFO (dump on our heads)

You ever hear of any other troubled exchange in crypto history NOT tow the line "it is fine it is fin, nothing to see here" so they can keep their gig going as long as possible in order screw everyone that believes it and make out the best themselves?

BTCC "We are in huge trouble guys, the commies are coming to crush our business and this liberty.."
Not likely..
BTCC "It's not as bad as it looks, no reason to be afraid, trust us"
More likely..

For all we know they are doing the oppressive commie's bidding else have their organs harvested..

Lost just over half of the BTC I made on the pump..

shrugs..

China hates personal liberty..

Bitcoin is for not giving a shit what governments think..
Look here, currently what governments think is influencing/destroying bitcoin..

gov wants this, banks want that...

Just what you would expect the chinese to say to the west while they dump on your heads..

Could very well be a chinese tactic to try to stop it from happening..

Sure..

Nothing that comes out of china can be believed.. Not their news, not their fiat exchange rates, not their crypto exchange rates or the action of their exchanges in the market.. Maybe not even their miners?

What does china do?
They do everything they can to make people THINK that they have this great massive influence, make people believe that china is in control with their grandiose claims..

And then what? Use their exaggerated influence to MANIPULATE..
Their actual pull is much less than they make it out to be..
I wouldn't even put it past the chinese gov or the pboc to be IN ON IT because everything about the entire chinese economy is FAKE..
Propaganda..

This manipulation is bad for bitcoin.. No matter the end result, price this extreme volitility scares everyone away... This extreme volitility is also terrible for use as a currency..

The other day I said "when does BTC ever loose half it's value overnight?"
Now, it does..

Another thing..
I'm not sure of taking a side of segwit or whatever but, if segwit is what we need look who's stopping it.. China, that's who..
The greedy miners that just want ROI..
 
You know their mining advantage comes entirely from the fact that they don't mind dumping into and polluting their country by way of ground and the entire world by way of air..

They don't give a fuck how bad they fuck shit up to make the cheapest electricity possible..
They don't give a fuck how bad they fuck shit up to make the cheapest planned obsolescence electronics such as miners not to mention everything else they sell/export that is nothing but garbage in 1 year or so if that..

It is too bad that bitcoin has managed to get itself caught up in this terrible china game..

Not just bitcoin, the whole world..

Trump's trade war NOW!!
Maybe they will even give us the chance to embarrass their chincy china military..

They are sitting too many notches too high on the global pegboard and need to be taken down a few rungs including their current manipulated false influence and set them back a ways to learn their lesson..

We need to kick this toxic china influence OUT of our grand experiment of the people's financial liberty..

I hope china bans bitcoin once and for all..

China GTFO..

You think china wants anything to do with personal liberty? Think again..
This could even be a chinese special ops tactic to destroy bitcoin..

Wayyy too much perceived and otherwise justifiable influence by dirty actors..

Good plan..

just woke up...

i lost huge

They don't work every time..

lol nice memes..

I was "trading" yesterday like ptsd fomo thinking it was going to go up, then thinking it was going to go down..
In the end I lost like 1% changing my mind too much and said screw it..

That's pretty much what I do but not every day..
Trade for a few hours and back all in BTC when I'm done..
A lot of the time I never even sell the BTC and just use my available margin..

Trading on huobi, no fees is great for high frequency trades but sometimes I think it screws me giving the worst possible price on market orders, and if you were margin long before that dump you were liquidated toast because I couldn't get a trade in edgewise it was freezing all up crazy..

Reliable?  Crypto exchange? Eh..
Even kraken was freezing the other day and was it stamp or finex that was just down for a while today?

It didn't steal my coins.. Yet..

China..
So china listen up.. The ICO is for these $1 coins that will be pegged to the USD BUT the ICO price is $1.10 in CNY..
If you think about it it's a great deal because if you buy it right now in $1.10 CNY value by time the thing gets around to the initial release your CNY will only be worth $0.10 so you will make 10X YOUR MONEY!!


拿我的钱现在

....

Yeah that, plus...


You just gave your hacker a sweet treat with that there message as now mr hacker can just copy paste your signed message and use it to prove he is you to anyone else that doesn't know better because it is an extremely general message and you didn't include a date!!

I remember not too long ago someone else guaranteed a $X floor..
I watched it last like 20 seconds..

Who is going to foot the bill for these miners dumping $200 every 2 minutes?
You know miners just love to dump..