# Anyone end up investing in Bitcoins? **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [October 21, 2013, 8:34pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431 "2013-10-21T20:34:08Z")\ **Posts on this page:** 20\ **Page:** 23
**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\ **Post date:** [December 7, 2017, 12:59pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/441 "2017-12-07T12:59:38Z")
If you have USD in Gdax/Coinbase buying executes instantly or whenever the order is filled if you do limit/stop/etc ---
**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\ **Post date:** [December 7, 2017, 1:03pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/442 "2017-12-07T13:03:17Z")
> [@Wahoo](#): > > Im not too experienced with this stuff. I’m hoping when my purchase of bitcoin clears the banks and is processed, I can then buy and sell instantly, I suppose each time I would deposit into my USD wallet rather than putting the funds back into my bank account. Which would then each buy and sell would act instantly from that point on. > > Sorry noob question. If you are trying to buy and sell, then move to GDAX. Putting limit orders are 0 fees. Coinbase directly is a merchant, not a exchange so you will pay hefty for buys and sells. Playing high leverage stuff with these moves is addicting as hell. Rallying up like .01 BTC for fun when I am bored when you can 100:1 a quick move. ---
**Author:** ![Wahoo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/wahoo/32/8265_2.png) [@Wahoo](https://forums.speedlife.net/u/Wahoo)\ **Post date:** [December 7, 2017, 1:11pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/443 "2017-12-07T13:11:20Z")
> [@boxxa](#): > > If you are trying to buy and sell, then move to GDAX. Putting limit orders are 0 fees. Coinbase directly is a merchant, not a exchange so you will pay hefty for buys and sells. ok, i’ll look into it. I have to research a bit more still about buying and selling. ---
**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\ **Post date:** [December 7, 2017, 1:11pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/444 "2017-12-07T13:11:59Z")
> [@Wahoo](#): > > ok, I’ll make an account for it then. thx Should be linked to your coinbase. I think you just need to scan your ID which has been down and having issues for a while. ---
**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\ **Post date:** [December 7, 2017, 1:29pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/445 "2017-12-07T13:29:57Z")
---
**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\ **Post date:** [December 7, 2017, 1:47pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/446 "2017-12-07T13:47:02Z")
> [@LZ](#): > > [https://youtu.be/n5z2\_fggZlI](https://youtu.be/n5z2_fggZlI) There was a twitter joke floating around like. Buys 0.01 BTC **Updates profile to BTC Hedge Fund Trader** [![](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/3X/d/c/dc30a24f8d24495c4f9a934b75c6c5427c2d35d5.jpeg "Shit Bitcoin Cash Fanatics Say, Part 1") ](https://www.youtube.com/watch?v=reo7WbibxaQ) [![](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/3X/8/0/8054c7403774641623d046dfe2cdd0e9452855e9.jpeg "Shit Bitcoin Cash Fanatics Say, Part 2") ](https://www.youtube.com/watch?v=FV_kP91hJ7g) [![](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/3X/4/f/4fe9943e74f8e76441d79eb06b44e2477bc11245.jpeg "Shit Bitcoin Cash Fanatics Say, Part 3") ](https://www.youtube.com/watch?v=gYnLkF4PJlQ) ---
**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\ **Post date:** [December 7, 2017, 2:16pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/447 "2017-12-07T14:16:02Z")
lmao! So 500$ just hit my coinbase USD wallet I sent from last week, so now what do i do!? ---
**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\ **Post date:** [December 7, 2017, 2:24pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/448 "2017-12-07T14:24:54Z")
> [@ubengineering](#): > > lmao! > > So 500$ just hit my coinbase USD wallet I sent from last week, so now what do i do!? 100X long on futures. All in. ---
**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\ **Post date:** [December 7, 2017, 2:51pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/449 "2017-12-07T14:51:49Z")
> [@ubengineering](#): > > lmao! > > So 500$ just hit my coinbase USD wallet I sent from last week, so now what do i do!? You could have just straight bought bitcoin at the price it was a week ago via coinbase… ---
**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\ **Post date:** [December 7, 2017, 3:04pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/450 "2017-12-07T15:04:51Z")
> [@boxxa](#): > > 100X long on futures. All in. I don’t fuck with futures, I’ll leave that to the pros lol > [@LZ](#): > > You could have just straight bought bitcoin at the price it was a week ago via coinbase… I have done this before and then coinbase cancelled the transaction and I lost out ☹ Anyways I’m HODLing, so I bought some bitcoin, ethereum and ripple and transferred to ledger. Ledger back in safe, keys to safe back in hidden spot, I’m off to the gym. ---
**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\ **Post date:** [December 7, 2017, 5:18pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/451 "2017-12-07T17:18:12Z")
> [@ubengineering](#): > > I have done this before and then coinbase cancelled the transaction and I lost out ☹ They used to do this all the fucking time and drove me nuts. This is the only thing they seemed to have improved on where if you buy and the price shoots up, you don’t get a message saying there was an issue so buying straight on the book is usually ok. If you are making buys and sells a lot or a really large amount, you definitely should move USD and then take it to GDAX with a limit buy and save the fees so its free. High leveraged futures are straight up gambling. Even 3x ones like Bitfinex people got a wake up call of what trading is like when their $100k account suddenly was -$30k. It is quick ins and outs haha. If anyone is ever looking to buy and move coins off Coinbase, I suggest buying Litecoin. Cheaper network fees and actually sends right away unlike Bitcoin buys that can take a while. ---
**Author:** ![nermoria](https://avatars.discourse-cdn.com/v4/letter/n/b9e5f3/32.png) [@nermoria](https://forums.speedlife.net/u/nermoria)\ **Post date:** [December 7, 2017, 8:42pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/452 "2017-12-07T20:42:18Z")
How do you convert it back to bitcoin? Gdax? Last time i sent from coinbase to binance, took 7 hrs! If you guys dont mind me asking, it sounds like most here are at least in the tens of thousands? ---
**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\ **Post date:** [December 7, 2017, 9:13pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/453 "2017-12-07T21:13:28Z")
> [@nermoria](#): > > How do you convert it back to bitcoin? Gdax? Last time i sent from coinbase to binance, took 7 hrs! If you guys dont mind me asking, it sounds like most here are at least in the tens of thousands? Go to the USD BTC market. You can sell and buy back and forth with BTC USD Tapping $14,000 on Bitfinex. ---
**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\ **Post date:** [December 7, 2017, 10:06pm UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/454 "2017-12-07T22:06:06Z")
> [@boxxa](#): > > If anyone is ever looking to buy and move coins off Coinbase, I suggest buying Litecoin. Cheaper network fees and actually sends right away unlike Bitcoin buys that can take a while. Should have done this tonight but stupidly didn’t think. Bought and sent bitcoin (massive fees) to buy some IOTA (got some skin in the game now lol). EDIT: By making this 26$ mistake I’ve learned something new and useful very quickly. ---
**Author:** ![Wahoo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/wahoo/32/8265_2.png) [@Wahoo](https://forums.speedlife.net/u/Wahoo)\ **Post date:** [December 8, 2017, 5:03am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/455 "2017-12-08T05:03:47Z")
> [@boxxa](#): > > Should be linked to your coinbase. I think you just need to scan your ID which has been down and having issues for a while. Do I have to transfer money to it or will my money from coinbase be able to be transferred to gdax? Do the have a cell phone app, I typed gdax in play store but nothing stood out. ---
**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\ **Post date:** [December 8, 2017, 5:24am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/456 "2017-12-08T05:24:37Z")
There isn’t a gdax app but it works fine in a mobile browser. You can transfer funds between gdax and coinbase instantly ---
**Author:** ![Wahoo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/wahoo/32/8265_2.png) [@Wahoo](https://forums.speedlife.net/u/Wahoo)\ **Post date:** [December 8, 2017, 5:46am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/457 "2017-12-08T05:46:12Z")
> [@LZ](#): > > There isn’t a gdax app but it works fine in a mobile browser. > > You can transfer funds between gdax and coinbase instantly I logged into gdax but I couldn’t find any of the purchases I made on coinbase. ---
**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\ **Post date:** [December 8, 2017, 5:49am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/458 "2017-12-08T05:49:16Z")
> [@Wahoo](#): > > I logged into gdax but I couldn’t find any of the purchases I made on coinbase. They won’t be in there… - - - Updated - - - Click the deposit button then click the coinbase tab and you can pull money or btc into gdax. Then if you want it back on coinbase click withdrawl then the coin base tab ---
**Author:** ![Wahoo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/wahoo/32/8265_2.png) [@Wahoo](https://forums.speedlife.net/u/Wahoo)\ **Post date:** [December 8, 2017, 6:10am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/459 "2017-12-08T06:10:24Z")
> [@LZ](#): > > They won’t be in there… > > - > - > - Updated - - - > > Click the deposit button then click the coinbase tab and you can pull money or btc into gdax. > > Then if you want it back on coinbase click withdrawl then the coin base tab Ok, it doesn’t show my LTC wallet on gdax. And my BTC didn’t clear yet so maybe that’s why I can’t see anything. Edit: it does show my litecoin, it’s just not in usd so I was confused. ---
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [December 8, 2017, 6:33am UTC](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431/460 "2017-12-08T06:33:14Z")
STEAM NO LONGER ACCEPTS BITCOIN! RUN FOR THE HILLS! 🙂 [Previous page](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431.md?page=22) [Next page](https://forums.speedlife.net/t/anyone-end-up-investing-in-bitcoins/233431.md?page=24)