Coinbase (COIN)
$Coinbase(COIN.US$ Been considering investing in the company due to increasing demand and popularity of investing in crypto.
Stock has taken a beating over the past month. So i'm thinking this is a good time to enter. Any particular reason why the stock took such a beating?
Is this company a good buy and hold strategy? Good time to invest? Overvalued? Undervalued? Any thoughts?
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Marilyne : It's taken such a beating because it follows crypto prices for some reason. They actually make almost as much money on trades when crypto is doing poorly than they do when it's doing well, because they make money from volatility not prices, so it actually doesn't make sense.
So yes, now is a good time to invest if you want to own them.
Evelynne : $Coinbase (COIN.US)$ working it's way into the top 10 most mentioned on twitch over the last 7 days