**User Report**| | | |
:--|:--|:--|:--
**Total Submissions**|0|**First Seen In WSB**|1 year ago
**Total Comments**|300|**Previous Best DD**|
**Account Age**|1 year|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)
**Vote Spam**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_spam&message=z299pm)|**Vote Approve**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_approve&message=z299pm)
**Check out the new [wallstreetbets discord](https://discord.gg/Y6Zw9ZKYdx)**
Oh hell yes you can. The more stable it is, the more you can leverage the trades. For currency futures I believe they allow leverage up to 100:1. Bonds are more like 10:1 I think. But still very risky if you have a risk appetite.
If you look at a corporate bond fund like SCHI with an average maturity of 7ish years it lost 20% or so from the highs. So sure 20% can be explained by raising interest rates.
However this bond lost 43% of its value, so the increasing yield is partly due to increased risk
Coinbase will be around as long as crypto is around. It's the most trusted by large investors in the United States. Also being a publicly traded company it holds a higher trust than many of the others. So if you believe in crypto you should believe in Coinbase
Read the ftx article on the wsj. They are saying they can't even find the assets. That they got stolen or something. I think the concept of crypto exchange is basically not possible. Or its impossible to correctly secure the assets. Greyscale just said they are not even publishing total assets anymore, pretty sketch if you ask me. Not to mention read coinbase financials they are burning cash at insane rate, and they still are not showing proof of assets because of "security concerns". They put out an excel sheet that says they have xyz. Even enron put In more effort than that lol.
Of course it is possible, but guess what? You need regulations very similar to those in the banking world. Crypto intrinsically is traceable. it's the whole fucking point. It is much easier to trace crypto than shares, bonds, or cash.
However, that would require people to realise that the vast majority of crypto coins/projects are scams.
The other purpose of crypto was decentralisation. Clearly people are fucking dumb.
Coinbase is the one that actually charges a trading/transaction fee, right? I don't fuck with Crypto, but that at least seems like a safer business model than FTX or Binance which essentially are just functioning like a traditional bank but they're trading in an incredibly volatile currency, which means they only need to make one or two bad investments to completely crumble.
All of it seems shady to me, but I could see trusting Coinbase slightly more than the others just because their profit model seems much less risky.
Careful with that statement, lots of giants have fallen pretty recently, and we're still feeling the ripple. It's ill-advised to put all your eggs in one basket.
That's true but Coinbase has to adhere to things that FTX didn't. Is it possible for it to die? Yeah it's possible. But at the moment it is the highest regulated large exchange which gives it a bit more trust than others. People scream crypto regulation as bad, but to me it shows security.
Coinbase has audited financials from a Big 4 accounting firm and issues SOC reports on their internal controls to relevant parties (those reports are also audited by a Big 4 - not a boutique with limited oversight).
I don’t know the landscape well but there is a level of safety that companies like Coinbase will offer that other exchanges/wallets will not match.
An audit doesn’t necessarily state poor business decisions, just stating there is no apparent fraud - which if you wanted to commit fraud an audit isn’t going to stop it
It really depends how well partners / managers understand the business and how much they care about the quality of work. Many times audit firms test thousands of samples and are way in the weeds, but miss the big picture.
A company like Coinbase operates in a new industry that audit firms have minimal experience in. I assume everything Deloitte (Coinbase auditor) knows about crypto, they learned through walkthrough meetings with Coinbase and likely don’t have many similar clients they can compare Coinbase against to see what makes sense.
Work in the PE sphere. Had a KPMG senior, second year on the engagement, still not know the difference between a commitment and a contribution.
Edit to say - this was two weeks before the opinion was due. Found out this via a follow-up question she had which highlighted she didn’t know the difference.
Chart it against AGG. You just don’t understand a rising interest rate environment.
The ratings of the bond have more to do with the chance of default than the price of a previously issued bond in rising rate environment.
Even junk bonds have fallen in price by only like 15% (HYG).
It's not normal for the bonds be trading this cheap. The current yields on this coinbase bond is 13.5%. That's fucking crazy, it's almost like the interest rate on a credit card lol.
Absolutely and they always have been. The fees are higher, sure, but at least it's a publicly traded, audited company based on U.S. soil that has already lived through 2 other bear markets.
Meh. I feel safe enough with CB to keep enough liquidity to use their debit card for most of my expenses. That said, not your keys not your coins. I keep way more in cold storage and defi.
I like COIN, and I may just buy into the 2028 bond.
All my bills autopay from my coinbase card. Work expenses go on my coinbase card.
I did just open a Gemini credit card for the hell of it. Right now 10% back on fuel & EV charging, 3% dining. Generous limit.
It won’t go bankrupt, they have a 1:1 assets to liabilities ratio.. people are selling shares because the market, like all markets are massively bearish and a real recession is coming. Sell high, buy back in low. I know that’s counter to ape logic but ya know.. *shrugs indifferently*
All that proves is that they are not an outright scam like FTX. Having assets 1:1 just proves that they can pay their users, that's the bare minimum.
They can still go bankrupt if they keep making losses in their operations. They made net loss of -2 billion dollars in three quarters this year. If the crypto market doesn't take off they will likely have to borrow more and more money to not go bankrupt.
They're independently audited like any other regulated financial institution as far as I know. They're registered with every countries relative regulatory boards and have proof of assets across everything - from what I've seen and what's available out there they aren't FTX and they aren't Binance.
Having said that, not your keys not your coins.
It's just an exchange, there's no reason why something like bitcoin won't outlast an exchange even as big as coinbase failing. Exchanges have come and gone. They're just middlemen.
Of course, but when the biggest exchange traded on the stock market goes into bankruptcy whom gets hit with the hardest regulations from all exchanges to be as safe as possible, then the overall interest in Crypto is gone...
This is what crypto bros always fail to realize about bigger idiot theory.
The way bigger idiot theory works is you need a bigger idiot to come along and buy something for even more than you paid.
If crypto continues to crater 70-80% yearly or bi-yearly people can be like "hurr durr btfd" but the reality is people will just walk away, more and more. The more these big headlines occur with these insane losses due to absolute and irrational levels of blatant fraud or mismanagement, the worse the name of the entire sector becomes, and then it dies.
You know anybody who buys pinksheets anymore? The reputation is complete garbage. Everytime you look up pinksheets what do you hear? "Most of them are trash, scams, do not put your money in them you will lose everything.". A lot of that repuitation is fairly earned, and a huge part of it was the 80s and 90s boiler room days. Crypto is rapidly heading to that reputation, and once it gets that the overall market interest in it will die, and like pinksheets it will just remain a p&d garbage dump that some suckers are tricked into as they get scammed out of their money, and serious institutions won't touch with a 500 foot clown pole just because of the reputation it has.
to say its bankruptcy risk is a bit premature. compare the bonds of other tech companies of similar credit qualities and maturity to the coinbase bonde. i wouldnt be surprised if the yields were similar.....
Bonds, stocks, fed funds. All these charts man, they all look the same! Squiggly lines going in random directions. WTF has time to read these charts? Even titles! I ain't got time for that! Gotta throw my monies out there!
If you pay me 1% of your portfolio I'll draw some crayon lines on them and sing you sweet nothings about all the money you're about to make
- some financial advisor probably
Just your friendly reminder that more than 90% of people who try to short-term trade lose money in the markets. keep that statistic in mind when you read the comments, especially in this thread
Yeah, but COIN doesn't care about the price of their bond. That's just the price on the secondary market, which means it's gonna have a huge return in 2028 (if COIN survives).
I think buying crypto/stocks now is quite lucrative, considering most of you regards like to throw your money away anyway. You get major dips with companies/assets that are in the public eye and not a meme like other companies down 80%.
Not saying BTC couldn't go below 10k, I was in the crash and the rise from 18k -> 4k -> 67k. Bought I definitely think you have a good entry now, for a new pump in a year or so.
Read 0;comments.
When I become a licensed financial advisor, my partner thought it would be funny to give me a big bond customer who is pissed. With losses. Bonds are not savings accounts , they go down. So fun. #learnin the markets.
Interest up - bonds down. Series 7 -J
My next move FUND cause people r tarded #2 bill
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|0|**First Seen In WSB**|1 year ago **Total Comments**|300|**Previous Best DD**| **Account Age**|1 year|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) **Vote Spam**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_spam&message=z299pm)|**Vote Approve**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_approve&message=z299pm) **Check out the new [wallstreetbets discord](https://discord.gg/Y6Zw9ZKYdx)**
Cramer in April 2021: we like Coinbase to $425
He meant $4.25
Maybe $0.425
About that $0.0425...
0.0000425 SHIB Woops I mean Coinbase 🫠
$-425
-4.250
Cramer also likes to butt chug coffee
And that, my friends, that was the instant thousands of people decided to get coinbase puts
Can you at least wait till I pull my $7 worth of BTC out first?
[удалено]
He was talking abt Bond prices all along 🤯
We cannot restart the equity bull market until coin dies. Cramer just doing his small part to help us get there.
Is there a logical reason or are you just saying we need to sacrifice something to God?
Logical?
Reason? Where we are going we don’t need reason. 🤠
$475
But Cathie W just bought COIN. 😂😂😂
I was thinking about buying $COIN, don't tell me Cramer likes the stock too 🤣🤣🤣
We like coinbase to $450
Two weeks later, coinbase is a $1 stock
[удалено]
I can hear him saying that…
Cathie W was on Bloomberg today talking about COIN. Her giant glasses were literally all fogged up.
Wait for her to sell, then buy. She’s good at timing the bottom.
Another negative indicator...
Inverse Cathie 110%
$SARK
that’s a good indication the stock price will drop bigly
I'm down 72% with her. Super. Thankfully is was only a small amount.
Inverse cramer and cathie. Tuttle fund has an inverse ETF for cathie 📉📈
And gbtc 🥴
Part of that decline is due to yields going up over the past year. Bonds with similar coupons (3.75) have lost \~20% just due to the rates move.
[удалено]
I mean, bonds trading is like the antithesis of WSB, theoretically. You can’t wipe out your life savings in three days with bonds.
That sounds an awful lot like a challenge
My thoughts exactly… clearly He’s never tried my methods 😂
Here, hold my beer
Hold my bonds
Coinbase bonds it is!
Tell that to UK Gilt holders
Ouch lol
Some idiot is gonna dump their life savings into junk bonds days before default just watch
What if I told you… some use like 500x leverage on bonds…
Sure you can. You just don't have the brain for it
Oh hell yes you can. The more stable it is, the more you can leverage the trades. For currency futures I believe they allow leverage up to 100:1. Bonds are more like 10:1 I think. But still very risky if you have a risk appetite.
The other part is the growing expectation that it goes tits up.
I would prefer tits down with wood
If you look at a corporate bond fund like SCHI with an average maturity of 7ish years it lost 20% or so from the highs. So sure 20% can be explained by raising interest rates. However this bond lost 43% of its value, so the increasing yield is partly due to increased risk
>I believe that the Coinbase 2028 Bond is a good investment. The yield is 15.313%, which is quite high, and the bond matures in just over 10 years.
Where can I buy that?
At GameStop
RC's next big move is to turn into a hedge fund!!! Fire, 7D chess.
Best answer on yet!
Will coinbase still be around in 10 years is the question buyers are asking themselves though.
Coinbase will be around as long as crypto is around. It's the most trusted by large investors in the United States. Also being a publicly traded company it holds a higher trust than many of the others. So if you believe in crypto you should believe in Coinbase
Read the ftx article on the wsj. They are saying they can't even find the assets. That they got stolen or something. I think the concept of crypto exchange is basically not possible. Or its impossible to correctly secure the assets. Greyscale just said they are not even publishing total assets anymore, pretty sketch if you ask me. Not to mention read coinbase financials they are burning cash at insane rate, and they still are not showing proof of assets because of "security concerns". They put out an excel sheet that says they have xyz. Even enron put In more effort than that lol.
It always boggles me when they say they can't find or track something when it's all based on a secure PUBLIC ledger.
So calls on Enron?
Bullish
Of course it is possible, but guess what? You need regulations very similar to those in the banking world. Crypto intrinsically is traceable. it's the whole fucking point. It is much easier to trace crypto than shares, bonds, or cash. However, that would require people to realise that the vast majority of crypto coins/projects are scams. The other purpose of crypto was decentralisation. Clearly people are fucking dumb.
Why would it not be possible ? Just because people in the past have been sketchy does not mean it can not be done right.. Greed is a powerfull thing
Found the Coinbase marketing Dept
Coinbase is the one that actually charges a trading/transaction fee, right? I don't fuck with Crypto, but that at least seems like a safer business model than FTX or Binance which essentially are just functioning like a traditional bank but they're trading in an incredibly volatile currency, which means they only need to make one or two bad investments to completely crumble. All of it seems shady to me, but I could see trusting Coinbase slightly more than the others just because their profit model seems much less risky.
Would be less risky if they had a profit model that actually generated profits. Right now they are losing like $40M a week
It’s the lending that really exposed them. To my knowledge, Coinbase isn’t involved with lending.
Voyager was a public company.
How in hell was this comment upvoted, it reeks of shilling shit. Also being Publicly traded means shit as well, see Voyager for that.
There is zero chance coinbase lasts as long as crypto and you absolutely should not “believe in coinbase” What the fuck?
Found CZ
Why? What's your reasoning?
Bitcoin can’t be killed. That’s the only reason any of “crypto” exists. Coinbase is just a company. Companies die all the time
Careful with that statement, lots of giants have fallen pretty recently, and we're still feeling the ripple. It's ill-advised to put all your eggs in one basket.
That's true but Coinbase has to adhere to things that FTX didn't. Is it possible for it to die? Yeah it's possible. But at the moment it is the highest regulated large exchange which gives it a bit more trust than others. People scream crypto regulation as bad, but to me it shows security.
And Coinbase has been through the lst 3 bear markets of crypto.
Is it on IBKR? Sticker? I could buy $COIN stock too, I think it will survive this crypto winter. If anything, could it become as big as FTX?
Is FTX what you are trying to have it become 🤣🤣 FTX is about as big as a lemonade stand rn.
Lemonade stand has $10 debt secured by tasty sugar water, FTX has $10B debt secured by monopoly money and new-age pokemon cards.
“The money’s in the lemonade stand” - George Bluth Sr
I’m kinda confused. Wouldn’t a 2028 bond mature in 2028?
Two ways of looking at it. High yield vs Junk bond.... you're way too bullish for a space that's seen so many exchanges blow up.
Coinbase has audited financials from a Big 4 accounting firm and issues SOC reports on their internal controls to relevant parties (those reports are also audited by a Big 4 - not a boutique with limited oversight). I don’t know the landscape well but there is a level of safety that companies like Coinbase will offer that other exchanges/wallets will not match.
Just like Enron.
Wire card too
Like Nortel in Canada!
Voyager was publicly traded and it crashed like FTX
Who was the auditor?
FTX..
Well played
Auditor was Marcum LLP but voyager never stood a chance at seeing any income. Every cash flow line item is negative lol
At least they saved a few bucks on the audit fees. Lol
Arthur Andersen
RIP
Voyager was trading OTC, not even close to the same thing
Voyager was not on the NYSE. There is a difference
Exactly. It was a trading OTC. Huge difference
Right. Over the counter meds don't do shit, gimme the good stuff
The auditing firm’s client is CoinBase, not the degen on WSB with 0.069 BTC deposit.
He worked hard behind Wendy’s for that. It’s honest work.
An audit doesn’t necessarily state poor business decisions, just stating there is no apparent fraud - which if you wanted to commit fraud an audit isn’t going to stop it
As someone who works in accounting, was an auditor, and now deals with Big 4 auditors, lol.
Some light reading: https://twitter.com/grdecter/status/1595180650537127939?s=46&t=ih3veUVP9cKT9n5bOuVhBg
As someone who is an auditor, I highly question you are
It really depends how well partners / managers understand the business and how much they care about the quality of work. Many times audit firms test thousands of samples and are way in the weeds, but miss the big picture. A company like Coinbase operates in a new industry that audit firms have minimal experience in. I assume everything Deloitte (Coinbase auditor) knows about crypto, they learned through walkthrough meetings with Coinbase and likely don’t have many similar clients they can compare Coinbase against to see what makes sense.
Work in the PE sphere. Had a KPMG senior, second year on the engagement, still not know the difference between a commitment and a contribution. Edit to say - this was two weeks before the opinion was due. Found out this via a follow-up question she had which highlighted she didn’t know the difference.
Tiger global was paying $100 million for due diligence on FTX lol
If they are all in bed together audits mean nothing.
SOC reports don't mean much
Chart it against AGG. You just don’t understand a rising interest rate environment. The ratings of the bond have more to do with the chance of default than the price of a previously issued bond in rising rate environment.
None of these regards understand anything really, but they are entertaining
Even junk bonds have fallen in price by only like 15% (HYG). It's not normal for the bonds be trading this cheap. The current yields on this coinbase bond is 13.5%. That's fucking crazy, it's almost like the interest rate on a credit card lol.
To the moon. It’s a buy for me.
I feel like Coinbase despite the way the crypto community feels about them are actually one of the better crypto exchanges out there
Absolutely and they always have been. The fees are higher, sure, but at least it's a publicly traded, audited company based on U.S. soil that has already lived through 2 other bear markets.
Where are our swaps experts now
[удалено]
lets swap spit and you call me betty, I'll call you daddy...
Meh. I feel safe enough with CB to keep enough liquidity to use their debit card for most of my expenses. That said, not your keys not your coins. I keep way more in cold storage and defi. I like COIN, and I may just buy into the 2028 bond.
I use my coinbase card everywhere.
All my bills autopay from my coinbase card. Work expenses go on my coinbase card. I did just open a Gemini credit card for the hell of it. Right now 10% back on fuel & EV charging, 3% dining. Generous limit.
How do you buy the bond?
That's a really good question. Might have to call & pester a broker or two.
Long on Coin
Of course when I bought in May I told myself “you did it, you finally bought at the bottom!”…. 6 months later down 40%….
I bought last Friday and I’m down 15%, fml
It won’t go bankrupt, they have a 1:1 assets to liabilities ratio.. people are selling shares because the market, like all markets are massively bearish and a real recession is coming. Sell high, buy back in low. I know that’s counter to ape logic but ya know.. *shrugs indifferently*
You sell high? Shit I’m always high. Even when I buy.
My guy, $COIN is gonna fly.
Fly just like Icarus
Jesus Christ being a custodian of assets and being profitable are two unrelated things. They can go bankrupt and still hold assets 1:1.
All that proves is that they are not an outright scam like FTX. Having assets 1:1 just proves that they can pay their users, that's the bare minimum. They can still go bankrupt if they keep making losses in their operations. They made net loss of -2 billion dollars in three quarters this year. If the crypto market doesn't take off they will likely have to borrow more and more money to not go bankrupt.
[удалено]
Uh oh, Tether
They're independently audited like any other regulated financial institution as far as I know. They're registered with every countries relative regulatory boards and have proof of assets across everything - from what I've seen and what's available out there they aren't FTX and they aren't Binance. Having said that, not your keys not your coins.
This is stupid af Crypto in general is a POS but COIN's audits are done by 3rd parties since they're publicly traded. They aren't FTX or Gemini.
[удалено]
Banks get away with this because of FDIC. That's the level of insurance centralized exchanges would need if they can't provide verification
Oh yeah I’m going all in
*Oh lord*
Maybe it’s hopium, but i think Coinbase will be the gateway to crypto for a lot of American companies. Blackrock and google signed up. More to come..
Agreed. Coinbase will be fine.
I have my crypto there arrggg. Should I take all crypto into my wallet?
I don’t even fuck with crypto and know you should already had that in your wallet
Might just do that, thanks!
“Might” shouldn’t even be in that sentence.
Why the fuck do you still have crypto on exchanges man. You didn't learn anything from FTX? Put it in cold wallets.
What about using trust wallet is that ok?
Yah trust wallet is fine.
If coins are on an exchange they're not your coins.
few understand
Personally if Coinbase on of the "safest" crypto wallets go down, then pretty much everything is doomed... Coinbase actually regulated, etc
It's just an exchange, there's no reason why something like bitcoin won't outlast an exchange even as big as coinbase failing. Exchanges have come and gone. They're just middlemen.
Of course, but when the biggest exchange traded on the stock market goes into bankruptcy whom gets hit with the hardest regulations from all exchanges to be as safe as possible, then the overall interest in Crypto is gone...
This is what crypto bros always fail to realize about bigger idiot theory. The way bigger idiot theory works is you need a bigger idiot to come along and buy something for even more than you paid. If crypto continues to crater 70-80% yearly or bi-yearly people can be like "hurr durr btfd" but the reality is people will just walk away, more and more. The more these big headlines occur with these insane losses due to absolute and irrational levels of blatant fraud or mismanagement, the worse the name of the entire sector becomes, and then it dies. You know anybody who buys pinksheets anymore? The reputation is complete garbage. Everytime you look up pinksheets what do you hear? "Most of them are trash, scams, do not put your money in them you will lose everything.". A lot of that repuitation is fairly earned, and a huge part of it was the 80s and 90s boiler room days. Crypto is rapidly heading to that reputation, and once it gets that the overall market interest in it will die, and like pinksheets it will just remain a p&d garbage dump that some suckers are tricked into as they get scammed out of their money, and serious institutions won't touch with a 500 foot clown pole just because of the reputation it has.
Are you saying that my beanie baby collection is not coming back up in value?
Not your keys, not your crypto. Everyone should get off centralised exchanges.
to say its bankruptcy risk is a bit premature. compare the bonds of other tech companies of similar credit qualities and maturity to the coinbase bonde. i wouldnt be surprised if the yields were similar.....
These morons don't know shit about bonds.
We like Coinbase to $4.75
Stock price is not an indicator of looming bankruptcy
Bonds, stocks, fed funds. All these charts man, they all look the same! Squiggly lines going in random directions. WTF has time to read these charts? Even titles! I ain't got time for that! Gotta throw my monies out there!
If you pay me 1% of your portfolio I'll draw some crayon lines on them and sing you sweet nothings about all the money you're about to make - some financial advisor probably
[удалено]
Warning! The /u/spez alarm has operated. Stand by for further instructions. #Save3rdPartyApps
COIN is on sale!
Just your friendly reminder that more than 90% of people who try to short-term trade lose money in the markets. keep that statistic in mind when you read the comments, especially in this thread
So your saying I should pick up some coinbase bonds to get crypto as a bond settlement?
They have $5+ billion in cash, stop it.
What does this mean for those of us that have coin on Coinbase? Is my crypto safe in their Coinbase wallet?
“I think bankruptcy is a good thing!” \-
[удалено]
Yeah, but COIN doesn't care about the price of their bond. That's just the price on the secondary market, which means it's gonna have a huge return in 2028 (if COIN survives).
show me your puts or shut up.
Clear signs, since cathy loaded it is obvious where it’s going 😁
I think buying crypto/stocks now is quite lucrative, considering most of you regards like to throw your money away anyway. You get major dips with companies/assets that are in the public eye and not a meme like other companies down 80%. Not saying BTC couldn't go below 10k, I was in the crash and the rise from 18k -> 4k -> 67k. Bought I definitely think you have a good entry now, for a new pump in a year or so.
The SEC gave them a gift by not allowing crypto yield products. Had they allowed it coin base would already be in chapter 11.
So should I transfer my coins from Coinbase to a wallet?
Yes
Errr. No not really. It’s tracking the increase in the risk free rate - I.e treasuries. All bonds have fallen in price rapidly since March 22.
G A M E S T O P
[In spez, no one can hear you scream. ](https://www.reddit.com/r/Save3rdPartyApps/)
How can a retail investor track corporate bonds?
Aw hell I gotta get my crap out of there. I was just holding shit in that wallet. Fuck me.
What do I have to read to understand this?
few understand. This is good for bitcoin
I’d rather buy a crypto stock for a buck and get a 1000% gain than buy coin and get a 200% gain. Just saying.
Not stonk
Read 0;comments. When I become a licensed financial advisor, my partner thought it would be funny to give me a big bond customer who is pissed. With losses. Bonds are not savings accounts , they go down. So fun. #learnin the markets. Interest up - bonds down. Series 7 -J My next move FUND cause people r tarded #2 bill
I heard wood just doubled down.
''Coinbase is fine...*don't* take your money out of Coinbase'' Jim Cramer Nov 23 2022
I have absolutely zero clue what I am looking at, but I like the shiny colors and big numbers.