>>20240384Got a reply for you.
lol there's a guy who's trying to get into vtubing and started dabbling with Coinbase back in January apparently
any advice for him in a nutshell?
I doubt anything as common as Coinbase/bitcoin etc is cutting-edge
[Yesterday, 10:06 PM]
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back
coinbase is great for holding coins but youre not going to get rich unless something blows up but by the time its on coinbase it already has most likely. its great though for buying coins while theyre cheap and legit holding them for 3-5 years and make a good return
its just not instant gratification , its a smart longterm way to build a portfolio though
you can also stake your coins on coinbase and get a percentage back (APY) a year for lending out your crypto. UST (Terra Luna's stablecoin can earn you back around 20-30% a year with anchor portocol) thats the best if you can lend out a good amount a year. say you had 100k to put in an account, you'd get paid 20-30k a year for just holding the funds and you still own it all
if you want to day trade though i'd recommend Mango Markets on Solona ecosystem for 1-10x leverage trades
but hold longterm in like coinbase, cold storage, binance, ect for rewards . id take my profits from trading and stake it in coinbase ect like u said above and hold my funds/ profits in a stablecoin that way
stake it in coinbase ect like *I said above
