Those are top holdings of various ARK ETFs. You might be able to get better diversification through an ETF than holding two stocks.I think Coinbase is a good bet. It also seems to be the most stable, trustworthy exchange after all the others have crashed and burned.
I just bought some UIPath. They do AI software for robotics.
Honest opinion, Coinbase is not a good bet. Their business model is not sustainable and heavily relies on the income generated by selling poop coins(aka unregistered securities). This model only works during bull markets, most likely will not exist to the the same extent in the future, as a company they are going to face massive regulatory/cost hurdles and the fees on the one thing that has low risk sustainability (bitcoin) is being driven to zero. Some exchanges already offering it at zero. If you want to have exposure to this industry by far the best play is bitcoin in cold storage, to a lesser extent an ETF when passes and MicroStrategy stock if for some reason you can not hold physical BTC. Would not touch ARK either if you have the options I just metionedI think Coinbase is a good bet. It also seems to be the most stable, trustworthy exchange after all the others have crashed and burned.
I just bought some UIPath. They do AI software for robotics.
How did they do?Several electric vehicle company stocks, some AI stocks, some pharmaceutical company stocks. Sold all my semiconductor company stocks. And then stocks and ETFs that pay dividends.
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I bought them as the stock market as a whole was going down, so. Now, or a few months ago, was a good time to invest, so stock market may be rebounding by the end of this year.How did they do?
[2]To the original poster: I don't have a bunch of disposable income but if I did and wanted to invest in the stock market I would buy into Tesla, Microsoft, and Coinbase. For future reference.... the time will pass. It's 8/21/23.
[3]I think Coinbase is a good bet. It also seems to be the most stable, trustworthy exchange after all the others have crashed and burned.
Honest opinion, Coinbase is not a good bet.
What has bitcoin done in that timeframe with significantly less risk? Dog and meme coins have performed well, does that make them good investments you would recommend or just a trade? In markets today, short term price action has little to do with long term value or viability. Everything I said in that comment I still fully believe, especially holding bitcoin in cold storage is a substantially better play for exposure. Have you looked at the performance of what i listed, any actual arguement besides price, What point are you trying to make?Aristippus "would buy into"[1] Coinbase, and Apone called it "a good bet"[2]. jaygreenb replied "Coinbase is not a good bet"[3]. In the 3-4 months since their comments, Coinbase stock has more than doubled.
COIN Stock Price | Coinbase Global Inc. Stock Quote (U.S.: Nasdaq) | MarketWatch
COIN | Complete Coinbase Global Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.www.marketwatch.com
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I called this one. Coinbase has done pretty well.I think Coinbase is a good bet. It also seems to be the most stable, trustworthy exchange after all the others have crashed and burned.
I just bought some UIPath. They do AI software for robotics.