Coinbase stock getting destroyed.
How are you guys over at Coinbase dealing with your RSU package getting completely annihilated more than most? What’s the talk internally right now at coinbase business outlook?
For reference.
This looks like most crypto projects tbh
Coinbase is the new robinhood
Maybe from a stock performance, but I don’t think Coinbase will ever get as bad as a reputation as Robinhood. The meme stock scandal screwed them over big time
They have earnings today. Probably the market isn’t expecting good results.
Awful earnings, 17% drop after-hours.
It’s an absolute trash remote company. Hilarious how they were puffing their chests out during the Fed-induced asset bubble
I have around 5k in Coinbase bought at 200 now sitting at 3.5k loss shit
Hang on there my friend! Not an investor in COIN but still pretty much everyone's story out there. I don't believe in keeping for the long term mentality for individual stocks, sometimes you have to decide if you have the stomach to see the whole journey or just cut your losses & re-invest
Here is what I would do buy bunch of stock and start selling calls and get out of the position
Shitcoins are going to shit.
It’ll go back up..
You got Ark to buy more shares!
Eyee boughte? DUMP EET
Lots of cheaper alternatives now
Another 16% after hours lmao 60%+ in 1M
I don’t understand why btw. Not even crypto itself is taking this large of a hit. Coinbase is still what 99% of normies use to buy crypto. Heck, to normies, crypto == Coinbase. Can someone explain the drop?
I thought binance is more popular..
I think they don’t believe it’ll be a main player but I tend to disagree. I think it’s a solid platform and has good leadership. However it’s extremely bleak price. It was at $400 on IPO day and is now at $70