$Coinbase Global, Inc.(COIN)$

If you are buying or selling on the COIN exchange your prices for crypto are double what they were in 4q That is ALOT of incremental income for Q1 For that reason alone I will be holding this through earnings We’re also seeing a lot of buying and selling with some volatility!! Hold!!!

The average price of bitcoin during the fourth-quarter earnings was 36,296 COIN earned $1.02 The current average price of bitcoin for Q1 is north of $52,000 Q1 earnings in May will be interesting. True to its speculative nature it’s never about its current performance but forward guidance. It’ll be hot for sure, but if the next Q guidance is tamed from halving aftershock it’ll find new (but higher) base. I don’t think this will be the case based on historical analysis reports tho

# Crypto Trading Group

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet