I’m a noob: binance or coinbase? Btc or ethereum? Just trying to learn before jumping in like you all

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Sr Cons 1 that’s why I am asking questions duh

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Coinbase is much more friendly for the beginner (switch to GDAX when you’re more
Comfortable). Maybe dabble a little in both, but I’ve personally preferred ETH over the last few months because of the drama around BTC and I like the smart contract use case. I’m, of course eating those words since I missed the BTC boat sub 3k (but ETH has been no slouch either).

Your money but I strongly suggest you study a bit about the underlying technology and use cases they address before jumping in too far. Also don’t put in any money you’re not willing to lose. Good luck, it’s been a wild ride and with the mainstream attention the last few weeks it’s only getting crazier.

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Invest in what you understand

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Coinbase, and spread your investment in multiple currencies

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Set up aggressive google alerts for all the words you popped into the subject and read everything

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Coinbase and Binance are two completely different platforms...

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@ey user 1 that is great advice, thank you.

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ETH for long term. BTC and LTC to day trade for quick profits. Those two have been very volatile lately, going from 15k to 18k and 300-340s and back within hours. Very easy money to be made. For example, I anticipated last nights crash with BCH being released on Coinbase and set very low buys (15500 and 308 respectively). Prices are now 17800 and 340 last I checked.

1. You will need to make a Coinbase account first to get USD into the crypto economy. I would split my money 50/50 between BTC/ETH
2. You will need to create a Binance account only if you want to get into the cryptos which are not on Coinbase (any other than BTC/BCH/ETH/LTC)
On Binance, you can transfer in crypto (BTC of ETH) to start purchasing others

Of course OP, I learned a lot from this bowl many months ago. Just trying to pay it forward, lots of new joiners lately.

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