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Not sure if this question is allowed and forgive me if I’m not using the right terminology…
I’m sure this questions depends on what currency you’re holding but once your currency increases over $100K in value, for instance, would you really want the currency to still be stored in a retail trading account like RobinHood?
From what I understand, there are withdrawal limits and withdrawal fees with RobinHood. I personally feel uncomfortable with having that much crypto in a RobinHood acc’t.
Now, if my currency were being held in a Fidelity account, I could sleep better knowing that it was in a brokerage account of a long-time established company…
Get what I mean?
My investment is nowhere near $100K but it would be wise to plan for the future in the event the crypto gods bestowed favor upon me.
Thanks in advance.
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- 3 years ago
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