Which Service Solves This Problem

[libert19]

Best bet would be to just keep some money in stable coins, all the services will have some delay and even on those instant exchanges unfortunate incidents happen, you will be going back-forth to customer support for days or weeks to get your issue resolved.

[Mandarava]

In order to have time to react in time and buy bitcoin during a significant drop in price, you can use the following trick. You can buy stablecoins in advance for the amount you need, and keep them in your hardware wallet, and when you see that bitcoin is approaching the level you need, you will have to immediately transfer them to your exchange account. That's all, in this scheme you risk nothing.

[jossiel]

USDC is an Ethereum token associated with Coinbase in some way.  

https://www.coinbase.com/usdc

I am having trouble adding a bank account in Coinbase and I don't have to tell yall how unresponsive their support is.  They have two different methods to verify an account and both fail.  The first is a service they hire called Plaid.  It wants your bank login credentials which seems a little invasive.  That says my login/pw is invalid.  The second is traditional, manual approach where they deposit small amounts and have you tell them what amounts there were.  That says it can't work for my account, try other method.  I spend my days waiting on a response to the trouble ticket searching for another exchange to use.

Haven't they responded yet with that problem you are asking them?

IIRC, there weren't that much exchange that are friendly with US residents. There is an option and that's Cash App. Cmiiw. But they are a US friendly exchange AFAIK.

They support bitcoin, haven't you checked it? I don't have much depth knowledge about their fees and stuff but because of the news that I've read about them, I think it's worth to read information about them and see if that's favorable to you.

[AakZaki]

Binance is the solution to the problem when you want to buy BTC quickly. You can take advantage of P2P services and you can pay using bank transfers or other supported payments. But you have to include KYC to be able to use P2P services, but don't worry, Binance is the largest and most secure exchange at the moment. I am a partner of Binance p2p official and I feel the comfort and security of transacting on Binance.

[fred819]

Yes, however, Binance US does not support my state.

I was able to resolve the bank issue on my own, turns out what invalid u/pw means in my case was using a non-phone 2FA method at my bank.  I use email as my first 2FA and have the phone as second.  This is because my email is hardware security key protected and not venerable to sim swap attacks.   I temporarily swapped the order and it worked.  You also have to try retry several times to get it to work.  I assume, but do not know, that I can swap it back now, and that the Plaid interaction was only to establish and verify the bank connection.

I also discovered Coinbase has a new feature that my make my thread here irrelevant.  They now allow the immediate use of ACH transfer funds for trading.  You cannot withdraw any of it however for 8 days.

[pixie85]

I wouldn't recommend waiting for a big dump to buy BTC because you'll face some problems along the way like how to indicate a big dump.

Would a 10% be big enough? If you're waiting for a 50% it can take many years since the cycles often take a long time and we don't know if this cycle will end at 50 or 20 thousand dollars. It's possible that people waiting for a big dump will first watch Bitcoin go to 50 thousand and then crash all the way back to 20, which means they will have to pay more for their Bitcoins after the dump than they would today.

If you want to buy and hold just do it.

If you want to wait holding fiat on exchange is fairly safe because it cannot be hacked out of it. People always steal coins because fiat is easy to track.

[2double0]

Why don't you manage your own channel of OTC instead? That way, you will not need to wait for the funds to go through your account and reach the exchange because if you are an established entity, I think your opposite parties will go for trades where they will lock the trade for some time and wait for you to manage sending them the funds. I know it is not an easy task, but can be achieved if you put in some efforts. This applies to any volume sizes.