Investwithdason wrote a note · Mar 6, 2023 00:50

$COIN

i have added coinbase to my watchlist,

this comes as coinbase is diversifying its revenue streams from primarily fee income from trades of users on its platforms which is heavily dependent on the pouplarity and success of the crypto market as a whole. Now Coinbase is positioning strategically in purchasing itself a hedge fund which will allow for more predicatble revnue and growth in such a volitaile industry as crypto. However take caution, the benefits of this acquisiton may not be revealed in the stock price for years to come.

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Investwithdason

investing using modern fundamental analysis strategies inspired from experts like Warren Buffet, Peter Lynch and Graham.

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