I know, clickbaity title, right? I’ll cut to exactly how you can instantly lose money on Coinbase and that’s by buying cryptocurrency directly through Coinbase.com for fees as high as 51% (rare cases). Selling through Coinbase also results in a similar fee amount. You should be using Coinbase Pro (still a Coinbase platform) where your total buy and sell fees will be less than 1%. The only risk is that it takes 5 days to fund your account in Coinbase Pro with a bank transfer and you don’t know if Bitcoin will go up or down.

As a warning, cryptocurrency is one of the most volatile investments you can own. Most cryptocurrencies peaked in January 2018 and many useless coins dropped 99 to 100% in value. Bitcoin itself had gone from $20k to $3k in that same year, an 85% drop in price. But if you buy low, then the swings upward can be very lucrative. That’s why this Coinbase Review will cover everything you need to know about:

00:00 Intro
00:45 Coinbase Earn Answers
02:22 Coinbase Fees
03:53 Coinbase Pro
06:26 Can you buy bitcoin with a credit card on Coinbase?
07:15 Is Coinbase safe?
09:14 Alternatives to Coinbase
10:00 What I like and don't like about Coinbase

Sign up for Coinbase and get $10 (referral link): https://bit.ly/Coinbase-FVD

Easy Reading: https://slycredit.com/coinbase-review/