My 5 Year Journey Using Coinbase (Ultimate Beginner's Guide) | Summary and Q&A

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December 13, 2022
by
Brian Jung
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My 5 Year Journey Using Coinbase (Ultimate Beginner's Guide)

TL;DR

Coinbase Advanced Trade is a new feature that provides users with access to better fees and a range of tools and insights for cryptocurrency trading.

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Questions & Answers

Q: Is Coinbase a safe and trustworthy crypto exchange?

Yes, Coinbase is widely recognized as a transparent and secure platform. It holds customer assets and conducts strict financial audits to ensure safety.

Q: How did the creator grow their portfolio using Coinbase?

The creator started with a $100 account in 2018 and, through patience and holding their investments, saw significant growth in their portfolio value over time.

Q: What are the key features of Coinbase Advanced Trade?

Coinbase Advanced Trade offers improved fees, access to technical trading tools, a variety of indicators, order book analysis, and educational resources on trading strategies.

Q: How can users implement a dollar cost averaging strategy on Coinbase Advanced Trade?

Users can set up recurring purchases at specific price points, allowing them to stack up their cryptocurrency holdings over time, even during a bear market.

Summary & Key Takeaways

  • Coinbase recently launched Advanced Trade, a highly anticipated feature that allows users to buy crypto with improved fees and gain access to additional tools and insights.

  • Coinbase is known for its transparency, trustworthiness, and safety measures, making it a popular choice among crypto exchanges.

  • The video highlights the creator's personal experience using Coinbase since 2018 and how they grew their portfolio over time.

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