Re: Is keeping your money on Coinbase really that bad?

Quote from: Ronaldo Vu on April 26, 2018, 11:52:02 AM

TDIL Coinbase insures money lost from physical security, cyber attacks, and employee theft. they keep 98% of their funds offline. So back to my original point, is it really that important to keep your money off exchanges if they offer insurance and you personally make sure that your account isnt vulnerable to phone attacks? https://support.coinbase.com/customer/portal/articles/1662379-how-is-coinbase-insured-

If you keep your Bitcoins in Coinbase, You're aren't really in full control of your Bitcoins. You'd be better off buying a hardware wallet or create a paper wallet and keep it there. The problem with Coinbase could be..
Unavailability due to DDoS or some server issues in case of emergency and can also be hacked.
You can't sign a message to proof something.
You can't claim any new or all fork coin.