Buy ETH on Coinbase for € 15,000

>Buy ETH on Coinbase for € 15,000
>Send to Binance
>Buy IOTA
>Realise the worth of my IOTA are only about € 14,000, so € 1,000 loss

All transactions took about 2 hours.

What did I do wrong, how did I burn € 1,000? I feel so miserable now.

In a few months you won't bother about that 1000. be patient

Everything is cheaper on binance but 1 eth = 1 eth so the day you cash out on coinbase you'll get your money back.

This

This

Are you retarded op?

Make sure you cash out before the ponzy scheme collapses

>tfw user doesnt realize that actually bigger loss is the fact that he bought IOTA for the other 14k

Welcome to my world. I had the same thing last week

Coinbase sells you ETH for higher market price that it's listed (and their prices are even higher than other exchanges)
So you payed a high price for ETH...

I'm looking into other exchanges to get better rates. What do you guys recommend for EU? GDAX or BITSTAMP

IOTA will do 20x in 2018. It's the future.

this is why i love normies

>buys ETH for 15k xD
>fucking mETH addict brainlat cum sipper

last time i bought mETH was when it was 15 dollars

my god i love selling my bags to normies

So I will not lose the € 1,000 in the end when I cash out later on Coinbase (ignoring general price changes of IOTA)?

This. 1000 seems like nothing now

You're retarded

I does actually matter.
If you gain 1000% on 14k or 15k it's a big difference...
Compounding intrest has a big influence on your starting price.

how so?

i'm not the guy paying 650usd per ETH

i know your feel, i lost fucking 10 dollars to bittfinex because of the fees, this was half of my ether, i only have 10 dollars worth of ether left and you need more to buy anything on bittfinex.

Then I probably truly lost the €1,000. :( I just followed the steps of the YouTube video and they did not mention this.

GDAX belongs to Coinbase.

Yes, you do.
They'll offer you a price lower than listed. You pay a huge spread on coinbase apparantly & they even add extra costs for transaction -_-

Wait you compare your loss of €10 with mine of €1,000?

they must be millionaires now.
seriously the prices are bad and then the high fees, but there is no alternative.

ETH transfer fee is like 10 bucks, if you transfer LTC it's only like 10 cents

it was 50% of my eth.
in fact my loss is higher than yours.

I feel so cheated and retarded. Why did I not compare this before? €1,000 for the Coinbase vampires.

You just need to work for an hour to recover your loss.

but i don't work

I tested this with a small amount:
Bought BTC for 45€ on coinbase. Day later BTC was up 14%, when I checked on coinbase what I would get if I sell my BTC again = 44€
Yeah, they are making big money out of this without risk lol

So the rates on coinbase are the same as GDAX?
On website of GDAX I see fees are alot lower.
If spread is ok, maybe it's better to buy with a price limit instead market price.
I'll check out Bitstamp. Their prices are also listed lower than Coinbase so more BTC/ETH for your money

you can use your coinbase account with gdax, simply avoid the fees.

>you can use your coinbase account with gdax

Fucking gdax requires a passport though and I only have a driver's licence.

I have not been verified on GDAX yet, but it seems reasonable what you say. Carefully check the prices.

WOW thanks for this!
I'll check it out.
Do you have other suggestion for exchange for going from FIAT to CRYPTO? (good rates/low fees, costs)

>>>
> Anonymous (ID: 6FBvBheZ) 12/27/17(W
you bought fucking IOTA, shit shill idea, with shit shill dev's who lie.

Bitflyer if you live in Japan or USA

Oh, thx but EU here

yes this sucks.
credit card, id, driver licence or some other shit, you need 2 of them to verify.

>Buy ETH on Coinbase for € 15,000
how did that 225$ fee felt?