RE: Why I have taken all my BTC out of coinbase

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Why I have taken all my BTC out of coinbase

in bitcoin •  7 years ago 

You have reason in saying that exchanges that you mentioned should just be used for their purpose and not necessarily holding funds there however from a traders point of view it would give you a bigger chance, if I can say so, to fast exchange the currency in a spike for example.

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Yeah that is a really good point...i still hold a bit in bitfinex for that reason but only as much as i am prepared to lose...i think if you are saving for long term profit hold in an account you fully control and hold the private keys for..