NeedMoneyPls
05-03

$Coinbase Global, Inc.(COIN)$  

COIN will sirge after earnings. Why?

1. They are an exchange business. The more transactions made, the more money they earn via commission.  The recent surge in crypto prices and ATH breaking means a lot of ppl will FOMO in.

At ATH, lots of these ppl will start taking profits and COIN this earn commission again.


2. COIN holds lots of BTC. Now BTC is a lot higher YTD. Their book value will also increase.


COIN is going to the moon. You heard it from me first. Thank me later okay.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment