What trading platform is recommended for buying cryptocurrencies?

[Flavored Seltzer]

I started off this summer buying cryptocurrencies with Robinhood and that's been working out fine. However, the issue for me is that it's limited to only seven crypto coins. There's a few others that I'm interested in buying, like Elrond, Bancor Network and Cardano. Any recommendations out there?
Also from what I researched, for residents of New York State there's even fewer options available. Thank you.

[GershonNY]

Did you try coinbase?

<Posting referral links is against forum rules, please review the forum rules before you post>

[Mordyk]

Did you try coinbase?

<Posting referral links is against forum rules, please review the forum rules before you post>

Coinbase is a good idea.  Posting personal referral links on DDF not so much.   Read the rules

[GershonNY]

Coinbase is a good idea.  Posting personal referral links on DDF not so much.   Read the rules

Sorry did not mean any bad 
Thanks for pointing out

[YitzyS]

Alternatively, you can probably invest your money here with similar results:

[Lurker]

Alternatively, you can probably invest your money here with similar results:

-1k

[GershonNY]

Actually I have seen a nice return on my money.
Not that I think its a good safe investment but to put in a few dollars for the chance why not.

[YitzyS]

-1k

Or you can buy stars and clouds, or Pokémon coins, or any one of the various bridges the line the East River.


In all seriousness, yes, you could make money, because people are crazy, and our economy has a long history of people making money off other people's craziness. But I still can't wrap my head around how people will buy an imaginary, unbacked currency, and I think that there will be a point when enough people will grasp that and the entire cryptocurrency market will come crashing to the ground.

[Mordyk]

Alternatively, you can probably invest your money here with similar results:

my thought is the same. But seeing one person i know buy a few bitcoins at $18k range. I'm starting to think maybe I'm the wrong one here....

[bennyc]

"Coinbase Pro" is much cheaper trading fees.

[Kobe Bryant]

Coinbase

[Lurker]

Or you can buy stars and clouds, or Pokémon coins, or any one of the various bridges the line the East River.


In all seriousness, yes, you could make money, because people are crazy, and our economy has a long history of people making money off other people's craziness. But I still can't wrap my head around how people will buy an imaginary, unbacked currency, and I think that there will be a point when enough people will grasp that and the entire cryptocurrency market will come crashing to the ground.

once upon a time, I had similar thoughts about people signing up for ridiculous amounts of credit cards.

[YitzyS]

once upon a time, I had similar thoughts about people signing up for ridiculous amounts of credit cards.

There's a big difference between taking advantage of a signup bonus and a serious, long-term investment in human imagination.

[Kobe Bryant]

Or you can buy stars and clouds, or Pokémon coins, or any one of the various bridges the line the East River.


In all seriousness, yes, you could make money, because people are crazy, and our economy has a long history of people making money off other people's craziness. But I still can't wrap my head around how people will buy an imaginary, unbacked currency, and I think that there will be a point when enough people will grasp that and the entire cryptocurrency market will come crashing to the ground.

It’s not an investment rather speculation. OTOH it’s possible it won’t come crashing down and a few of the hundreds of cryptocurrency will become accepted currencies worldwide.

[Lurker]

There's a big difference between taking advantage of a signup bonus and a serious, long-term investment in human imagination.

1) No one said anything about long-term.
2) It's not imagination. It's technology which is being actively used by some of the largest corporations and financial institutions in the world.

[GershonNY]

Or you can buy stars and clouds, or Pokémon coins, or any one of the various bridges the line the East River.


In all seriousness, yes, you could make money, because people are crazy, and our economy has a long history of people making money off other people's craziness. But I still can't wrap my head around how people will buy an imaginary, unbacked currency, and I think that there will be a point when enough people will grasp that and the entire cryptocurrency market will come crashing to the ground.

Yes it is very possible that it will come crashing down and people will lose lots of money but it doesn't mean one cant make money in now.
Not that its any kind of safe or stable investment but to put in few $ for the gamble I dont think is such a bad idea

[Kobe Bryant]

Yes it is very possible that it will come crashing down and people will loose lots of money but it doesn't mean one cant make money in now.
Not that its any kind of safe or stable investment but to put in few $ for the gamble I dont think is such a bad idea

Lose the O.

[YitzyS]

Lose the O.

It's loose now. Give it a few days and it will fall out.

[GershonNY]

It's loose now. Give it a few days and it will fall out.

Fixed

[Kobe Bryant]

Or you can buy stars and clouds, or Pokémon coins, or any one of the various bridges the line the East River.


In all seriousness, yes, you could make money, because people are crazy, and our economy has a long history of people making money off other people's craziness. But I still can't wrap my head around how people will buy an imaginary, unbacked currency, and I think that there will be a point when enough people will grasp that and the entire cryptocurrency market will come crashing to the ground.

And here I thought “DDF Likes” are your cryptocurrency.