Are you good at managing finances?

@May2k8 (18159)
Indonesia
June 26, 2023 2:34am CST
An email came to me from Coinbase stating that it will not continue serving on September 25, 2023 (which means that the website will be 11 years old at that time). And before that date I must immediately move my assets to another place. I was quite surprised to hear the news, can you imagine all these years have accompanied us and now have to part ways.
11 people like this
11 responses
@LadyDuck (461940)
• Switzerland
26 Jun
Well, I think your title is a bit misleading.
1 person likes this
@May2k8 (18159)
• Indonesia
26 Jun
I'll explain a little bit, some of us have income in crypto, dollars and if we can't manage it well then everything will fall apart. Coinbase is only a storage medium for crypto money, I don't want the past to happen again (I can't take my Bitcoin worth 2BTC).
1 person likes this
@LadyDuck (461940)
• Switzerland
26 Jun
@May2k8 Well this anyway has nothing to do being good at managing our finances. Should my bank close I move what I have to another Bank and continue to manage my finances as I did before.
1 person likes this
@May2k8 (18159)
• Indonesia
26 Jun
@LadyDuck I remember there was a bank that was completely unable to return customer funds, if that happened then we couldn't do anything.
1 person likes this
@allknowing (130534)
• India
27 Jun
I have always converted my crypto earnings into Indian rupees and got them transferred to my bank account.
1 person likes this
@May2k8 (18159)
• Indonesia
27 Jun
for crypto I do trading and staking, and some take approx 1 month to unstake, maybe only about $ 100 that I have converted to the bank.
1 person likes this
@allknowing (130534)
• India
27 Jun
@May2k8 Mine are not huge amounts
1 person likes this
@May2k8 (18159)
• Indonesia
27 Jun
@allknowing mine also cannot be said to be big because I still have to struggle to get income according to the current conditions.
1 person likes this
@allen0187 (58444)
• Philippines
26 Jun
I like to think that I am but when I look at my accounts, I realize I can do better.
1 person likes this
@allen0187 (58444)
• Philippines
27 Jun
@May2k8 true that.
1 person likes this
@May2k8 (18159)
• Indonesia
27 Jun
we never know the future, as long as we plan something that we think is the best then it needs to be done in full.
1 person likes this
@db20747 (43438)
• Washington, District Of Columbia
28 Aug
Glad to find this out. Now I won't sign up for coinbase.
1 person likes this
@May2k8 (18159)
• Indonesia
28 Aug
it was a good decision, I have also already moved most of my assets from Coinbase even though there is still quite a bit staking there.
1 person likes this
@nela13 (55830)
• Portugal
12 Jul
I have a Coinbase account, I need to check that.
1 person likes this
@May2k8 (18159)
• Indonesia
13 Jul
I don't know if this is for certain countries or not, please check.
1 person likes this
@nela13 (55830)
• Portugal
17 Jul
@May2k8 I will, thank you.
1 person likes this
@thebos (5965)
• Kisumu, Kenya
26 Jun
Is it being shut down??
1 person likes this
@May2k8 (18159)
• Indonesia
26 Jun
yes, on September 25, 2023 so we still have time to move the money to other wallet.
1 person likes this
@thebos (5965)
• Kisumu, Kenya
27 Jun
@May2k8 Well I was just planning to open an account there
1 person likes this
@May2k8 (18159)
• Indonesia
28 Jun
@thebos What can I say, PayPal is still the oldest wallet. The other wallets were not able to last long.
1 person likes this
@AmbiePam (86277)
• United States
26 Jun
I am sorry this inconveniences you so much. I’d be aggravated too.
1 person likes this
@May2k8 (18159)
• Indonesia
27 Jun
one by one I have to fix it, what I invested there I have to disburse immediately.
1 person likes this
@snowy22315 (172021)
• United States
26 Jun
Not especially, but when I have to I can.
1 person likes this
@May2k8 (18159)
• Indonesia
27 Jun
I feel like I'm hunting for time because when I'm late everything seems to disappear like dust.
1 person likes this
@Jenaisle (14079)
• Philippines
26 Jun
I haven't used this site. Sites usually close when they no longer earn. It's better to withdraw whatever money you have there before it's too late.
1 person likes this
@May2k8 (18159)
• Indonesia
26 Jun
I still have 3 months to take it from there, so I plan to pull it at the end of July.
@RebeccasFarm (87035)
• United States
27 Jun
Is that coinbase legit? It seems always problems?
1 person likes this
@May2k8 (18159)
• Indonesia
27 Jun
They are legit it just looks like they're having financial problems.
@jstory07 (134797)
• Roseburg, Oregon
14 Aug
I have two checking accounts and two saving accounts online. I am good at managing my finaces.
1 person likes this
@May2k8 (18159)
• Indonesia
14 Aug
that's good for you that I have a minus financial but it can still be covered.