📊 Coinbase's financial report has caused investors to worry, and the future development prospects are bleak? 📉
🌐 Last Thursday, Coinbase released their financial report, and the total revenue was quite impressive, at $1.45 billion. But the transaction fee income actually dropped by 27%, which made many people start to worry about the future of Coinbase.
🤔 But don't rush to be pessimistic. Don't forget that Coinbase has custody service contracts from many large institutions, and those management fees are the big ones. Moreover, Coinbase's potential in the stock market should not be underestimated.
🌟 Why do you say that? First of all, the US stock market is much larger than the cryptocurrency market. Secondly, investors in countries where cryptocurrencies are not popular cannot buy Bitcoin directly, but buying some Coinbase stocks and enjoying the rise of Bitcoin in a roundabout way is also a good choice.
🚨 But be careful, investing in stocks such as Coinbase, Microstrategy, Mara, etc. that are linked to cryptocurrencies is like embarking on a high-risk track. Since these stocks are subject to trading hours restrictions and price fluctuations may be more drastic than the Bitcoin market, once the price of Bitcoin falls, the related stocks may suffer a more serious blow.
🔍Some people believe that these stocks closely related to cryptocurrencies are like leveraged Bitcoin trading markets. Therefore, as an investor, before entering this game, you need to seriously evaluate whether you have the risk capacity and psychological construction to withstand potential huge losses.
👇What do you think of Coinbase's financial report? Do you think these stocks linked to cryptocurrencies are worth investing in? Tell me what you think in the comments!