Post
Topic
Board Trading Discussion
Re: Keep your fiat at hand in order to buy new bitcoin
by
ktabb
on 03/07/2017, 00:45:15 UTC
Hello everybody,

I have a question :
How do you keep your fiat at hand to buy bitcoin when you feel it's the right time?
Indeed it takes 2 days to get a SEPA transfer on a exchange plateform. So where do you keep you fiat? On the exchange platform?

Thank you

For instance I think right now I should buy some crypto because the market is low... But I'm waiting for my SEPA transfer !

Not sure how it works on bitcoin exchanges but I trade a lot of stocks and just keep my cash in my brokerage account. If I want to invest more money, I deposit more into my brokerage account. I'd recommend doing something similar but don't deposit money too often - it's usually better to just invest with the money you have in there. It helps with managing risk. It helps prevent you from investing more than you can afford to lose.