Keep your fiat at hand in order to buy new bitcoin

[ktabb]

Hello everybody,

I have a question :
How do you keep your fiat at hand to buy bitcoin when you feel it's the right time?
Indeed it takes 2 days to get a SEPA transfer on a exchange plateform. So where do you keep you fiat? On the exchange platform?

Thank you

For instance I think right now I should buy some crypto because the market is low... But I'm waiting for my SEPA transfer !

Not sure how it works on bitcoin exchanges but I trade a lot of stocks and just keep my cash in my brokerage account. If I want to invest more money, I deposit more into my brokerage account. I'd recommend doing something similar but don't deposit money too often - it's usually better to just invest with the money you have in there. It helps with managing risk. It helps prevent you from investing more than you can afford to lose.

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[amaral1977]

At coinbase you have to options to do this. You either "top" your account timely and just wait to buy in, or buy via credit card and that his pretty fast. The only "hassle" is the identity conformation but that is almost universal when you mix cryptocurrencies with bank accounts and Fiat.

[leyton11]

I think you can try use USDT on exchange site for keep your money, the rate same USD with ratio 1:1. I usually use USDT for waiting the price BTC fall down and buy again. Other choice you can use Paypal or Perfect Money to buy Bitcoin in site auto exchange as Changer.com

[BitcoinGirl.Club]

For a fact that there is always the waiting element with Bank wires I always avoid them and try to use funding methods which are close to instant and will not worry me about getting the best market price.
The way you keep your bitcoins should be your main concern and not the way you keep your fiat.

[digaran]

Almost every bank around the world has this waiting period other than credit cards/paypal, but again not every company accepts them, I have no such problem, I just open my local exchange the one I use with my family members and just click on buy put my Bitcoin addy then it'll depend on how fast I can insert my credentials for my bank account in the specific bank gateway site and after paying it just automatically comes to my wallet with one big difference, they sell very expensive I mean even if price rises by 25% you will never be able to buy/sell in there for profit gaining purposes but you can just buy and sell fast like if market price is $2470 you could buy @ $2550 and sell @ $2430.
Anyways nowadays all you need is to have some Bitcoins stashed somewhere to act fast when opportunity presents itself.

[Alice Nuttal]

If you have an account with a linked card, it shouldn’t take too long. If you want to buy BTC as fast as you can, link your bank card and fund the account with dollars. Keep them on the account until the right time to buy Bitcoins. It will be done instantly.

[arpon11]

Op you are right the best time to buy bitcoin is when the price is extremely low and the market capitalization is a bit high. Now is the most right time for long term investment. If you can put $1000 dollars into some coins you may have a very high return on your investment in 4-5 years to come. Bitcoin at $3400 is still undervalued and I am expecting it to go as high as $10000.

[fanbeila]

Hello everybody,

I have a question :
How do you keep your fiat at hand to buy bitcoin when you feel it's the right time?
Indeed it takes 2 days to get a SEPA transfer on a exchange plateform. So where do you keep you fiat? On the exchange platform?

Thank you

For instance I think right now I should buy some crypto because the market is low... But I'm waiting for my SEPA transfer !

Just simple.I use localbitcoins.com to buy bitcoins by just transferring my money from bank account to the seller's account and immediately,i get my new bitcoins in my wallet.It gets completed instantly.I have not yet tried any other platforms to buy bitcoins with fiat money.

[Cosbycoin]

If you have an account with a linked card, it shouldn’t take too long. If you want to buy BTC as fast as you can, link your bank card and fund the account with dollars. Keep them on the account until the right time to buy Bitcoins. It will be done instantly.

Even if you're bank card is not connected with your account, you can still buy Bitcoins within seconds if you have great savings. Not only capital is required to grab Bitcoins but the right time is also essential for buying Bitcoins at right price. Obviously it is going to cost you much more if you will go for Bitcoins during the pumping phase.