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RE: A Problem With Cryptocurrency - You Have To Be Your Own Bank
I only buy cryptos on Coinbase. I want to be able to buy them using dollars and not other cryptos. I'm also not 100% confident that I could transfer bitcoin from one wallet to another successfully.
Coinbase is good, BUT, you don't control your own private key. If for some reason something bad happens, you might lose your coins.
Here's a story about a similar situation I had: https://steemit.com/bitcoin/@jamesbrooks/how-i-lost-over-usd5000-and-a-lesson-in-bitcoin