Are you good at managing finances?

@May2k8 (18379)
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
Anna
@LadyDuck (471766)
• Switzerland
26 Jun 23
Well, I think your title is a bit misleading.
1 person likes this
May2k8
@May2k8 (18379)
• Indonesia
26 Jun 23
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
Anna
@LadyDuck (471766)
• Switzerland
26 Jun 23
@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
@May2k8 (18379)
• Indonesia
26 Jun 23
@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
Always smiling
@allknowing (137061)
• India
27 Jun 23
I have always converted my crypto earnings into Indian rupees and got them transferred to my bank account.
1 person likes this
May2k8
@May2k8 (18379)
• Indonesia
27 Jun 23
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
Always smiling
@allknowing (137061)
• India
27 Jun 23
@May2k8 Mine are not huge amounts
1 person likes this
May2k8
@May2k8 (18379)
• Indonesia
27 Jun 23
@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
@allen0187 (58582)
• Philippines
26 Jun 23
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
@allen0187 (58582)
• Philippines
27 Jun 23
@May2k8 true that.
1 person likes this
May2k8
@May2k8 (18379)
• Indonesia
27 Jun 23
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
Danna B.
@db20747 (43440)
• Washington, District Of Columbia
28 Aug 23
Glad to find this out. Now I won't sign up for coinbase.
1 person likes this
May2k8
@May2k8 (18379)
• Indonesia
28 Aug 23
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
Manuela Lopes
@nela13 (58678)
• Portugal
12 Jul 23
I have a Coinbase account, I need to check that.
1 person likes this
May2k8
@May2k8 (18379)
• Indonesia
13 Jul 23
I don't know if this is for certain countries or not, please check.
1 person likes this
Manuela Lopes
@nela13 (58678)
• Portugal
17 Jul 23
@May2k8 I will, thank you.
1 person likes this
John nyambegera
@thebos (5960)
• Kisumu, Kenya
26 Jun 23
Is it being shut down??
1 person likes this
May2k8
@May2k8 (18379)
• Indonesia
26 Jun 23
yes, on September 25, 2023 so we still have time to move the money to other wallet.
1 person likes this
John nyambegera
@thebos (5960)
• Kisumu, Kenya
27 Jun 23
@May2k8 Well I was just planning to open an account there
1 person likes this
May2k8
@May2k8 (18379)
• Indonesia
28 Jun 23
@thebos What can I say, PayPal is still the oldest wallet. The other wallets were not able to last long.
1 person likes this
Amber
@AmbiePam (93317)
• United States
26 Jun 23
I am sorry this inconveniences you so much. I’d be aggravated too.
1 person likes this
May2k8
@May2k8 (18379)
• Indonesia
27 Jun 23
one by one I have to fix it, what I invested there I have to disburse immediately.
1 person likes this
snowy
@snowy22315 (181221)
• United States
26 Jun 23
Not especially, but when I have to I can.
1 person likes this
May2k8
@May2k8 (18379)
• Indonesia
27 Jun 23
I feel like I'm hunting for time because when I'm late everything seems to disappear like dust.
1 person likes this
Jenaisle
@Jenaisle (14078)
• Philippines
26 Jun 23
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
@May2k8 (18379)
• Indonesia
26 Jun 23
I still have 3 months to take it from there, so I plan to pull it at the end of July.
OceanTiara
@RebeccasFarm (90063)
• Arvada, Colorado
27 Jun 23
Is that coinbase legit? It seems always problems?
1 person likes this
May2k8
@May2k8 (18379)
• Indonesia
27 Jun 23
They are legit it just looks like they're having financial problems.
Judy Story
@jstory07 (139774)
• Roseburg, Oregon
14 Aug 23
I have two checking accounts and two saving accounts online. I am good at managing my finaces.
1 person likes this
May2k8
@May2k8 (18379)
• Indonesia
14 Aug 23
that's good for you that I have a minus financial but it can still be covered.