Why buy Coinbase stock when you can just buy Bitcoin?
Well, although Bitcoin is near its ath, bitcoin dominance has been going down with the rise of altcoins. At the same time, there will be many altcoins to fail and some to π therefore itβs really hard to be lucky & pick the right ones
Could investing in Coinbase stock / BNB / kraken stock resemble a crypto ETF? You believe in the future of crypto but you are coin agnostic. You donβt care who the winners are.
https://www.tradingview.com/symbols/CRYPTOCAP-BTC.D/
YoE 6
TC 390
#kraken
#binance
#coinbase
#gemini
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Bitcoin Dominance Index Chart β TradingView
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Also, coinbase revenue is correlated with Bitcoin.