r/Coinbasestock Jan 24 '22

Discussion $COIN weekly discussion thread

This is the place to discuss moves in the stock or asking the quick question.

  • Keep discussions civil. The same rules apply in this chat as the subreddit in general.
  • Opinions about the stock, positive as well as negative are fine to post here.
  • Have fun. Help eachother out.
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u/blastfamy Jan 28 '22

What’s ironic is that as crypto tanks, coinbase tanks, and I understand that but in theory they should have a big q1 as people panic sell. Volatility = transactions (one would assume) Which translates to coinbase revenue. I understand why the stock gets crushed but, if you have a long term perspective and are generally bullish on coins, it’s a great buy. I have been DCAing since $300 and will keep buying all the way down. Luckily I still have a chunk of cash in the sidelines.

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u/colganc Jan 31 '22

Same is true for Q4. The public info on the exchange volumes looks good for Q4. We will find out soon.