Do I invest in cryptocurrency or coinbase COIN - page 5.

The Sceptical Chymist

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Quote from: sujonali1819 on April 15, 2021, 11:04:09 AM

Now talking about coinbase coin. I don't know much about this coin.

It's not a coin; Coinbase just went public on the stock market, and COIN is their ticker symbol. Apparently OP is asking whether he should invest in Coinbase stock or cryptocurrency.

I'd probably wait for a while before even thinking about buying COIN, because most IPOs trade at inflated prices for days, weeks, or months before the hype factor wears off and investors start looking at the stock rationally, e.g., looking at the company's earnings, dividend, and all that stuff. And my guess is that you'd probably do a lot better buying bitcoin (or some solid altcoins like ETH) than COIN right now, because I don't think the crypto bull market is even close to being over.

TL;DR: Coinbase stock is probably overvalued right now, and buying bitcoin/crypto is likely going to be more profitable in the short-term.

DarkDays

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Quote from: gina1980 on April 15, 2021, 08:30:24 AM

Is investing in cryptocurrency is good idea or COIN , please suggest

https://talkoncrypto.com/viewtopic.php?f=6&t=35

If you want to invest in crypto why be bogged down by one coin when there are so many to choose from.

The portfolio of a good investor shows great diversification, and there's a reason for that. If you can, my advice is to try out with a few coins and get a feel first don't jump start into the first coin you come across, do some analysis.

Rana590

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Quote from: gina1980 on April 15, 2021, 08:30:24 AM

Is investing in cryptocurrency is good idea or COIN , please suggest

https://talkoncrypto.com/viewtopic.php?f=6&t=35

Try to invest on crypto currency. It is profitable way to invest on good crypto currency. For this, you have to analysis the crypto market very well. At this current time, you will be able to find a lot of crypto currency which are more potential for future.

sujonali1819

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Quote from: gina1980 on April 15, 2021, 08:30:24 AM

Is investing in cryptocurrency is good idea or COIN , please suggest

https://talkoncrypto.com/viewtopic.php?f=6&t=35

I am not sure you want to really about investing in crypto currency COIN or promoting the forum wisely here.

Investing in crypto at right salutation in the potential project, It's a good idea. When you just buy any crypto from market it will not be good IMO. You must have to choose right project and also you have to invest at the right situation. For example right now market is so bullish and you can choose some potential coin which did not make huge pump yet. You have a good chance to win the trade.

Now talking about coinbase coin. I don't know much about this coin. Just see some new about it. Don't know more. I assume it's maybe a coin from coinbase like bnb from binance. If my guess is right then yes, Investing in COIN is very very good idea.

avikz

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Quote from: gina1980 on April 15, 2021, 08:30:24 AM

Is investing in cryptocurrency is good idea or COIN , please suggest

https://talkoncrypto.com/viewtopic.php?f=6&t=35

Why not both?? If you invest in both then you can get the best of both world, isn't it? If you are a cryptocurrency investor that doesn't mean you can't invest in stock market or to any other asset. Rather it's always wise to have a diversified portfolio so that if any sector gives bad returns, the other sector can balance your money.

Also Coinbase ipo is a historical event for the crypto market. This is the first ever company in crypto market that got listed in a publicly traded stock market. Who wouldn't want to become a part of the history!!

Renampun

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you have full choice of what will happen to your funds...
I personally am not interested in investing in COIN because investing in cryptocurrencies is much more profitable IMO. but if you are hesitant to invest in crypto then you can choose Coinbase stocks. *DWYOR

Husires

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Bitcoin is made Coinbase and make it worth 80B USD not Coinbase that make bitcoin worth 1.2T USD.
RobinHood and GMT stock proved that the stock market is being manipulated for the benefit of whales, which means that the cryptocurrency market is more secure than being manipulated and no one can reverse or cancel your transactions.

You can speculate in the derivatives markets instead of betting on Coin Stock

DigitalFox

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Quote from: gina1980 on April 15, 2021, 08:30:24 AM

Is investing in cryptocurrency is good idea or COIN , please suggest

https://talkoncrypto.com/viewtopic.php?f=6&t=35

That's what I am currently trying to figure put myself, too. Coinbase started off pretty strong but what's going to happen to in in the near future... Hard to say.

airdata

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Cryptocurrency investment is very good idea becouse you can make very good amount from cryptocurrency investment. But must invest your fund on good project or coin otherwise you can loss your fund.

gina1980

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Is investing in cryptocurrency is good idea or COIN ,

https://talkoncrypto.com/viewtopic.php?f=6&t=35

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