COIN: Coinbase vs. Bitcoin Correlation Long
Coinbase Global, Inc.NASDAQ
Description
⋅ The thesis is simple: Coinbase is the shovel to Bitcoin's gold-rush.
- Bitcoin has arrived in the investment industry.
- Lower Bitcoin prices spur sidelined investor interest.
- Coinbase is the only platform sidelined investors have to acquire Bitcoin.
- Winner take most world.
Stocks with the same business model: MSCI , SPGI , CME
it'll be a great safe haven even during the crypto winter that may or may not come.
for me having made a substantial amount in crypto and cashed out,
I found the whole exercise extremely high risk just like the wild west.
is 2 high risk so once you make your money you want to put it in a safe haven.
and this my friend is our Safe Haven.
no risk of typing in the wrong number when transferring funds.
security of funds lower risk and substantially good return.