Bitcoin Forum

Better crypto stock: coinbase global vs. microstrategy
https://finance.yahoo.com/news/better-crypto-stock-coinbase-global-092000907.html

Coinbase: You're betting on another crypto mania where almost every other coin is mooning for months and months. That, and a bet on the Base network gaining long-term traction.

MicroStrategy: Almost literally no reason to own this stock as you can just buy bitcoin and self-custody it.

microstrategy: do think it'll soar higher this year?

If BTC goes ballistic upwards then I guess, probably? My point still stands though, I don't think there's any reason to hold MSTR instead of BTC unless they have an investment in a Bitcoin-related app/platform that you think will be very important and that will garner a crap ton of users.

you forgot to invest in mining company stocks, which may not perform well this year, but they are a good option in the event of a bear market.
Coinbase Global may be good in the long term, but we are in a rising market and many are investing in Bitcoin for certain gains over the next year.
Microstrategy was an option for those who did not want to buy Bitcoin, but the ETF option has become available.

I'm in agreement was th mk4 on this. Microstrategy is only relevant to bitcoiners cause they bought up a bunch of coins and their CEO talks about crypto a lot on Twitter. They did this for profit and they have already gotten a lot of that, you can get profit for your own investments by buying Bitcoin directly.

I wouldn't hold anything Coinbase so my answer will be to simply buy Bitcoin.

- Jay -

I will go for Coinbase and Microstrategy, this is because we are sure on how they have being having their investment ground on bitcoin over the years now, they are also seen with the higher prospect of having more investment affinity in the later future to come, this will only be profitable more on them when the market go bullish and they will be more likened to investing more if the market go bearish, considering that we are now on the bullrun.

i mean unless you are really interested in buying stocks of microstrategy but if your reason is because they hold a whole lot of bitcoin then that just does not make sense to me.

maybe some of you wants that safety and security by investing almost indirectly through big companies but nothing can still compare with if you had just invested in bitcoin even if it’s just a small amount.

If you want exposure to bitcoin but doesn't want the self-custody part and simply don't want the headaches of security (understandable if you're a boomer), then sure. But then again, we already have the Bitcoin ETFs now, so the more it makes less sense to hold MSTR.

According to my little research, I was able to discover that Microstrategy stock has actually performed way better within the past 4 months (i.e January 9th to May 9th 2024) as compared to Coinbase stock, of which I will be giving the chart and brief explanation below.


1.  MICROSTRATEGY STOCK

You will notice that the price of Microstrategy stock on January 9th was $600 and just 4 months later today May 9th, 2024, the price is currently been valued at $1266, which is approximately 200%+ increase.

https://www.talkimg.com/images/2024/05/09/rltac.jpeg               https://www.talkimg.com/images/2024/05/09/rlztP.jpeg


2. COINBASE STOCK

Likewise you will also notice that the price of Coinbase stock on January 9th was $159 and just 4 months later today May 9th, 2024, the price is currently been valued at $210, which is  approximately 35% increase.

https://www.talkimg.com/images/2024/05/09/rlNqj.jpeg            https://www.talkimg.com/images/2024/05/09/rlFLq.jpeg

But however, I won't recommend these as the best investment asset to invest in when we have Bitcoin, the mother of all cryptocurrencies.

I don't like stocks at all, but if I were to choose, I would choose Microstrategy stocks, as I expect them to have a good and high performance compared to Coinbase stocks.

I like the policy of Microstrategy and its president, Michael Saylor, who is known to be one of the strongest enthusiasts and believers in adopting Bitcoin. He bought large quantities during the long-term decline, and with the expected rise in the price of Bitcoin during the coming period, it is certain that Microstrategy shares will rise significantly.

In the end, this is a personal choice and I prefer holding Bitcoin rather than stocks.

To be sincere.  Why are you not holding simply Bitcoin instead.  Historically speaking, you should see Bitcoin soaring to All Time Highs in a matter of months up to an year.  Why hold a Stock when you can hold the one Cryptocurrency that ALWAYS proved haters wrong and brought incredible profits to every single Holder all the time.

OR he is doing it just for the business.  Be honest to yourself.  Saylor may love Bitcoin, but do you think he loves Bitcoin for how great it is or for the profit he is about to ingest?

All this Micro Strategy hype will end when Saylor decides to sell a HUGE chunk of Bitcoin.  Which will be both good and bad anyway.  While it would cause a lot of doubt and fear, it will push a lot of Bitcoin back to multiple holders rather than a single entity.

The question is if I have got money? and a lot of spare? I'd also choose Coinbase.

As you're like owning the company and the same goes for Microstrategy but it all boils down to the point that you can buy directly with Bitcoin. But this is me, you earn a portion of the company not Bitcoin when you buy them.

That's why I think Coinbase is a good option, while Bitcoin is here to stay so does Coinbase and MSTR but I don't like MSTR.

But just like any other top crypto companies which faced their failure, you also need to keep track like the updates regarding Coinbase business and the people behind it. Clearly, a lot of investors would choose Coinbase for better opportunities.
But if you are keen in observing the trend of Coinbase vs Microstrategy stock performance and see their performance, you can for example buy some Microstrategy stock and sell it while you are in good position. So this decision depends on how are you going to attack these markets and just like how CryptoHeadlineNews make an assessment for these 2 stocks.

Yes, it's normal to track them on how they're doing.

As for the trend for both companies, MSTR is doing well this time over all the years. While Coinbase global, it's still a young company and I forgot to say that's another good reason to invest on it.

When it flies so high, I'd be part of it. But going back to the reality, I haven't got any stock of theirs.

There's like 35% increase with Coinbase based on what @CryptoHeadlineNews said, and Microstrategy is on a 200% increase so I'm not sure how it would be logical for you to not own some MSTR stocks when you said that you've got the spare money. In regards to what I think about these stocks though, I don't feel like most sensible financial advisors would recommend them as your way into stocks, they're not bluechip stocks that would give out consistent pay outs or dividends to you every quarter, you're better off buying a stock of Coca-Cola or Apple or Amazon because they're pretty established already and I think they give out dividends. Just own bitcoin directly if you can do it, making it difficult for yourself to do it with all these extra steps is way too doozy.

Good finding and I expect the stock price to perform better in the bear market. They have continued to buy at an average price of $30,000 and they will certainly do so if a major price correction occurs.
But this is not worth trying, unless you are thinking about making gains in both the rising and falling markets, which is an advanced strategy that many may not master.

The crypto stock you are talking about here  has the same risk as investing in Bitcoin or other crypto by yourself. If you are looking at stock of Bitcoin, there is the Bitcoin ETF. You don't need stocks though, rather, invest direct into Bitcoin and hold in your wallet.
 If you still persist on the two company you mentioned, I will choose Micro strategy.

When you ask here on BTCT, it's mostly going to be Bitcoin-centric. A lot of members here show that they are a Bitcoin maximalist. A lot wouldn't be thinking of buying any other coin.

If your goal is for it to increase in price, you would most likely get Coinbase Global since it's more versatile and knowing that the BASE chain is getting hyped up and probably going to stay for the long term. 

There's no assurance that it's going to go up but you need to decide what you think is best. Diversified vs. One Stock. I see it in that way.

Why is it one or the other? It can be both! Like how I personally think Bitcoin is great — and I'd definitely root for its adoption, but good lord of course I would really want those sexy profits.

Also, take note that a person who holds Bitcoin is also far more incentivized to actually help Bitcoin; like how Saylor is doing with his Bitcoin-related company investments.

As I've answered that with my other post, it's about the tenure of MSTR and Coinbase.

For me, Coinbase is still young as a company with a stock and that's why the advantage is on the early investors of it. While for MSTR, it's already tenured and have got a lot of whales on it.

As you've said, it's best to own Bitcoin and get some dividends from those known stocks. And as for the Coinbase global, it has also dividends but I don't know most of its details.

Does adoption mean not selling Bitcoin at all? Does adopting gold, for example, mean you keep it forever? of course not.

Also, there is no conflict between adoption and profit, if someone can adopt an exciting idea and also profit from it, where is the problem? This is what Saylor does, as he truly embraces Bitcoin, but when he has an opportunity to profit, he is sure to take advantage of it.

False adoption is like what Elon Musk did, where he claimed that he adopted Bitcoin in the beginning and contributed to the rise in the price, and when he found a suitable opportunity, he immediately sold his Bitcoin and made a statement against Bitcoin, while Saylor, on the contrary, remained committed even in the most difficult moments that passed through his company.

But this does not mean at all that he will not sell part of his Bitcoin or shares in the end, because he is a businessman who cares about profit, and he is also a company owner who has expenses to spend.

you know Bitcoin it's on comparable to any others exchange 💱 and highest value ever. One stock coinbase are  also trying to get higher this year but they can't compete with Bitcoin. Bitcoin profits it's what makes people go into it, but if the coinbase global market are making ways to meet up the price which people are already profiting from Bitcoin, so it'll surely get hard before they can soar higher this year.