Coinbase buying coins

[Mornincupofhate]

So I just realized coinbase takes 8 days to deliver coins after purchase.

 

If I buy 1 coin of ethereum while it's at $270 rn, when it arrives, will I still get the same amount that I bought at even if the price has fluctuated?

[Mooshi]

Why on Earth are you BUYING them? You're supposed to SELL to get REAL money in return.

[Mornincupofhate]

Just now, Mooshi said:

Why on Earth are you BUYING them? You're supposed to SELL to get REAL money in return.

Because it's dropping?

[Arika]

you bought 1 coin. your coin will be worth what ever it's worth at the time. it may be worth $270 now, tomorrow it might be worth $100.

 

also

Quote

Because it's dropping?

what?.... you don't buy when it's dropping in price

[Mornincupofhate]

11 minutes ago, Sierra Fox said:

you bought 1 coin. your coin will be worth what ever it's worth at the time. it may be worth $270 now, tomorrow it might be worth $100.

 

also

what?.... you don't buy when it's dropping in price

Multiple big sites are predicting it to rise several hundred dollars in the next weeks

[it_dont_work]

19 minutes ago, Mornincupofhate said:

So I just realized coinbase takes 8 days to deliver coins after purchase.

 

If I buy 1 coin of ethereum while it's at $270 rn, when it arrives, will I still get the same amount that I bought at even if the price has fluctuated?

You will still have 1coin of ethereum yes.

 

You need to think about it more like currency trading. Value between different currencies will flutuate and change, but the overall store of value in that particular currency will remain the same, well besides inflation but thats another argument to join into.

 

Just now, Mornincupofhate said:

Multiple big sites are predicting it to rise several hundred dollars in the next weeks

So did most media before the 1929 crash...do your own research and make an educated decision for investment.

[Mornincupofhate]

1 minute ago, it_dont_work said:

You will still have 1coin of ethereum yes.

 

You need to think about it more like currency trading. Value between different currencies will flutuate and change, but the overall store of value in that particular currency will remain the same, well besides inflation but thats another argument to join into.

 

So did most media before the 1929 crash...do your own research and make an educated decision for investment.

I haven't bought one yet, just clarifying. Even if I do buy it and it doesn't rise for a year, I'm not losing anything unless I sell it.

 

People said this exact same thing about bitcoin and now it's $2,500. If ethereum went from $0.8 to $400 in under a year, I think it will go up again.

[dizmo]

Just now, Mornincupofhate said:

I haven't bought one yet, just clarifying. Even if I do buy it and it doesn't rise for a year, I'm not losing anything unless I sell it.

Unless it falls.

[Himommies]

4 minutes ago, it_dont_work said:

You will still have 1coin of ethereum yes.

 

You need to think about it more like currency trading. Value between different currencies will flutuate and change, but the overall store of value in that particular currency will remain the same, well besides inflation but thats another argument to join into.

 

So did most media before the 1929 crash...do your own research and make an educated decision for investment.

It's like how research promtped me to invest a lot of money in OpenANX.

[it_dont_work]

Just now, Himommies said:

It's like how research promtped me to invest a lot of money in OAX

Or volkswagen, that was a really good quick flip after their price crashed.

[Himommies]

Just now, it_dont_work said:

Or volkswagen, that was a really good quick flip after their price crashed.

or buying Isreali bonds

[it_dont_work]

1 minute ago, Himommies said:

or buying Isreali bonds

I'll stick to thew markets I know.

[Himommies]

Just now, it_dont_work said:

I'll stick to thew markets I know.

It's a pretty good investment.Way better than letting it rot in a bank,but then again I don't pay the bills.The joys of a 14 year old