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re: Crypto - are you still invested?
Posted on 11/22/22 at 1:39 pm to makersmark1
Posted on 11/22/22 at 1:39 pm to makersmark1
Yes it would have a lot of upside if crypto bull market returns. However we don't know when that point will be and COIN would have to stay solvent during an unknown bear market duration in which they are hemorrhaging money.
This post was edited on 11/22/22 at 10:55 pm
1
Posted on 11/22/22 at 9:30 pm to TigerTatorTots
I’m super bullish on COIN longterm. They’ve played the slow and steady game and are paving the way in terms of regulations. People shite on them because their regular platform has such a terrible UI, but that is pretty easily fixable. CB pro was great IMO, but they are unfortunately sub setting that.
And in terms of solvency I don’t see much of a risk there. Ironically they’ve really dodged a bullet by losing/withdrawing their lending program. The timing makes me wonder if there was already some smoke out there that caused them to drop it.
Coinbase drops plans to launch interest product after CEO's SEC comments
And in terms of solvency I don’t see much of a risk there. Ironically they’ve really dodged a bullet by losing/withdrawing their lending program. The timing makes me wonder if there was already some smoke out there that caused them to drop it.
Coinbase drops plans to launch interest product after CEO's SEC comments
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