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Author Topic: Do I invest in cryptocurrency or coinbase COIN  (Read 734 times)
gina1980 (OP)
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April 15, 2021, 01:30:24 PM
Last edit: April 16, 2021, 05:09:54 AM by gina1980
 #1

 Is investing in cryptocurrency is good idea or COIN ,

https://talkoncrypto.com/viewtopic.php?f=6&t=35
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April 15, 2021, 01:58:58 PM
 #2

Cryptocurrency investment is very good idea becouse you can make very good amount from cryptocurrency investment. But must invest your fund on good project or coin otherwise you can loss your fund.         

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April 15, 2021, 02:08:18 PM
 #3

Is investing in cryptocurrency is good idea or COIN , please suggest

https://talkoncrypto.com/viewtopic.php?f=6&t=35

That's what I am currently trying to figure put myself, too. Coinbase started off pretty strong but what's going to happen to in in the near future... Hard to say.

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April 15, 2021, 02:16:10 PM
 #4

Bitcoin is made Coinbase and make it worth 80B USD not Coinbase that make bitcoin worth 1.2T USD.
RobinHood and GMT stock proved that the stock market is being manipulated for the benefit of whales, which means that the cryptocurrency market is more secure than being manipulated and no one can reverse or cancel your transactions.

You can speculate in the derivatives markets instead of betting on Coin Stock
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April 15, 2021, 02:50:36 PM
 #5

you have full choice of what will happen to your funds...
I personally am not interested in investing in COIN because investing in cryptocurrencies is much more profitable IMO. but if you are hesitant to invest in crypto then you can choose Coinbase stocks. *DWYOR

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April 15, 2021, 02:58:46 PM
 #6

Is investing in cryptocurrency is good idea or COIN , please suggest

https://talkoncrypto.com/viewtopic.php?f=6&t=35

Why not both?? If you invest in both then you can get the best of both world, isn't it? If you are a cryptocurrency investor that doesn't mean you can't invest in stock market or to any other asset. Rather it's always wise to have a diversified portfolio so that if any sector gives bad returns, the other sector can balance your money.

Also Coinbase ipo is a historical event for the crypto market. This is the first ever company in crypto market that got listed in a publicly traded stock market. Who wouldn't want to become a part of the history!!

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April 15, 2021, 04:04:09 PM
 #7

Is investing in cryptocurrency is good idea or COIN , please suggest

https://talkoncrypto.com/viewtopic.php?f=6&t=35
I am not sure you want to really about investing in crypto currency  COIN or promoting the forum wisely here. Smiley

Investing in crypto at right salutation in the potential project, It's a good idea. When you just buy any crypto from market it will not be good IMO. You must have to choose right project and also you have to invest at the right situation. For example right now market is so bullish and you can choose some potential coin which did not make huge pump yet. You have a good chance to win the trade.

Now talking about coinbase coin. I don't know much about this coin. Just see some new about it. Don't know more. I assume it's maybe a coin from coinbase like bnb from binance. If my guess is right then yes, Investing in COIN is very very good idea.

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April 15, 2021, 04:11:26 PM
 #8

Is investing in cryptocurrency is good idea or COIN , please suggest

https://talkoncrypto.com/viewtopic.php?f=6&t=35
Try to invest on crypto currency. It is profitable way to invest on good crypto currency. For this, you have to analysis the crypto market very well. At this current time, you will be able to find a lot of crypto currency which are more potential for future.
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April 15, 2021, 04:38:06 PM
 #9

Is investing in cryptocurrency is good idea or COIN , please suggest

https://talkoncrypto.com/viewtopic.php?f=6&t=35
If you want to invest in crypto why be bogged down by one coin when there are so many to choose from.


The portfolio of a good investor shows great diversification, and there's a reason for that. If you can, my advice is to try out with a few coins and get a feel first don't jump start into the first coin you come across, do some analysis.
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April 15, 2021, 06:33:13 PM
 #10

Now talking about coinbase coin. I don't know much about this coin.
It's not a coin; Coinbase just went public on the stock market, and COIN is their ticker symbol.  Apparently OP is asking whether he should invest in Coinbase stock or cryptocurrency.

I'd probably wait for a while before even thinking about buying COIN, because most IPOs trade at inflated prices for days, weeks, or months before the hype factor wears off and investors start looking at the stock rationally, e.g., looking at the company's earnings, dividend, and all that stuff.  And my guess is that you'd probably do a lot better buying bitcoin (or some solid altcoins like ETH) than COIN right now, because I don't think the crypto bull market is even close to being over. 

TL;DR: Coinbase stock is probably overvalued right now, and buying bitcoin/crypto is likely going to be more profitable in the short-term.

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April 15, 2021, 07:22:58 PM
 #11

Is investing in cryptocurrency is good idea or COIN , please suggest

https://talkoncrypto.com/viewtopic.php?f=6&t=35
If you want to invest in crypto why be bogged down by one coin when there are so many to choose from.


The portfolio of a good investor shows great diversification, and there's a reason for that. If you can, my advice is to try out with a few coins and get a feel first don't jump start into the first coin you come across, do some analysis.
Would always be better if you do have this kind of behavior rather than on jumping in things just because you had been hyped or been suggested by someone which is really a bad habit to start on because most likely
you would really be ending up on losing investment instead of earning but well everything isnt a guarantee this is why this decision will really vary into yourself if you would push it out or not basing on your
own analysis.Its your money and its just your own decision wether you decide to proceed or not but just like on what others been saying on here that trying out first with few coins isnt
really a bad idea at all. Diversification is best to lessen up the risk and dont focus on few coins.

R


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April 15, 2021, 07:33:30 PM
 #12

It's a stock and it just launched so if you think that there will be a hype on it, buy and sell it afterwards. But you can consider it just like other stocks for long term if you want to hold it.

I wouldn't invest on it, instead I'll invest on bitcoin.


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Insanerman
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April 15, 2021, 08:41:29 PM
 #13

Is investing in cryptocurrency is good idea or COIN , please suggest

https://talkoncrypto.com/viewtopic.php?f=6&t=35

Both COIN and other crypto in general has their own risks. Why not invest on both? If I were you, I would invest most of my capital or atleast a minimum of 90% on crypto that is currently on dip or those that have a high chance of growing and 10% on COIN. Despite of being popular and strong, COIN is a token for an App, and once that app would have huge problems such as being hacked or had an issue with transactions, then expect a huge decrease on your investments. By the time that you COIN were doubled, there's a bigger chance that your crypto grew even more than 10x.
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April 15, 2021, 09:02:57 PM
 #14

Is investing in cryptocurrency is good idea or COIN , please suggest

https://talkoncrypto.com/viewtopic.php?f=6&t=35
Depends on what project you’re investing since not all cryptocurrency are worth it and some are shitcoins that can’t give you profit but an headache. Coinbase is huge, they tend to offer more in the public as they enter in the public market so this can also be a good option for your investment, this is a top cryptoexchange as well.
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April 15, 2021, 09:12:46 PM
 #15

Is investing in cryptocurrency is good idea or COIN , please suggest

https://talkoncrypto.com/viewtopic.php?f=6&t=35
Depends on what project you’re investing since not all cryptocurrency are worth it and some are shitcoins that can’t give you profit but an headache. Coinbase is huge, they tend to offer more in the public as they enter in the public market so this can also be a good option for your investment, this is a top cryptoexchange as well.

Is the investment for long term or short term? Sometimes, it depends on your goals here.
If you are investing in coinbase, I think this one is good for long term.
Their price per share may continuously increase over time. But that is one risk you need to be ready with.
And with other alts, if you are not familiar with them would be hard to invest your hard-earned money.
Maybe just keep your funds in btc or eth. At least, these 2 for me are relatively safe.
But if you have enough funds, you can invest in both. Diversifying is a very good thing when it comes to investments.
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April 15, 2021, 09:20:51 PM
 #16

Is investing in cryptocurrency is good idea or COIN , please suggest

If you are riding the expected hype that COIN will bring, while trading will be open on Binance soo, then just be careful and make sure you will monitor it well.

As for other coins, we have different views on each coin. I won't suggest what coins should be on your portfolio as we have different approach how to manage those.

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April 16, 2021, 03:00:55 AM
 #17

We have different sights on cypto and if you want some coin because of its amazing background then grab it, crypto currency is a good way to earn profit if you know how it works or how things happening in the crypto market. But you also need to be careful because scams are everywhere before you grab some amazing opportunity make a research and find some legal evidences that the coin you wanted to invest is legit to avoid wasting of time and money.

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April 16, 2021, 06:10:08 AM
 #18

We can give different advices here as to where you might choose to invest your money but then at the end, you will decide it on your own. Since I am having a good experience in crypto investments, I am recommending it to you. Especially that I have been a long term hodler and that makes me earned a massive profits today because of the bullish market.
 
 Weigh all the possible advantage and pros cons of the two before deciding which one to choose. Afterall, profit is more important regardless which of them you will gonna choose.
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April 16, 2021, 08:54:57 AM
 #19

Investing straight into cryptocurrency will be a better option. If you feel like you should invest in $COIN by Coinbase, maybe it would be best if you just invest a part of the money into and then the rest goes for cryptocurrency investment. Cryptocurrency is a better option for me, especially when it is bitcoin, because no one is going to be controlling your asset or telling you when to leave the market or not, you have full control over your asset. Maybe I wouldn’t know how to explain it better to you, but cryptocurrency is the best investment that you’re going to make, but since Coinbase’ $COIN is kind of trending, you can put a part of the money in it.

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April 16, 2021, 09:29:28 AM
 #20

I would suggest that if it is your first time then probably you should invest in bitcon more than stock because if you look at it, bitcoin grows faster than any stock out there so you proabbly can hold it off and buy bitcoin and hodl it first before doing any other things.

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