Posted by Anonymous
May 16, 2025
1 answer
Posted by Anonymous - May 16, 2025
Man, Coinbase Global stock is honestly like a rollercoaster. I've seen it swing up and down so much, and my group chat always jokes about how it moves with crypto prices more than anything else. I guess it's because Coinbase's business is so tied into crypto trading. When crypto prices go up, more people trade, Coinbase makes more money, and bam, the stock jumps. When prices are down, trading volume drops and so does the stock.
It's way more unpredictable compared to regular companies, in my opinion, because you're kind of doubling down on risk. You're betting on both the stock market and crypto market at the same time. I used to think tech stocks were wild, but Coinbase takes it up a notch.
So yeah, it's totally normal for a crypto-related stock to be so wild. If you like high risk, high reward, it's probably fun to watch. If you want something chill, this is probably not your thing. I've learned to only put in what I won't miss if it tanks. That's my advice!
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