Hey all! I am having a lot of fun learning about crypto and investing. I live in NY for reference to the following.
I setup recurring BTC and ETH purchases to limit fussing over the peaks and valleys of investing. My recurring purchases are with Coinbase. I have some BTC/ETH in the exchange, a Web3 Wallet, and also a Coinbase Wallet.
My question: Do all virtual arenas respond to the ebbs and flows of the market equally? Iโm curious if thereโs any advantage to holding in one area vs another (aside from owning the coin in a wallet) or if the variations are mostly important if I am staking my coin or earning an APY. I have some USDC in the Coinbase exchange as it nets a higher APY than any savings account I have ever had and is stable.
I am really enjoying learning about the crypto market. I know thereโs a lot of opinions and strategies and judgments in the crypto world, but if you could please respond kindly, I would greatly appreciate you. Thanks!
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