“Buy low, sell high”
It’s a great philosophy! It’s one of the first things we learn as new investors. But we’re all ridiculously bad at it. Let’s talk about it 👇
In “The Intelligent Investor” by Ben Graham, there’s a line that says “investing isn’t about managing your money, it’s about managing your emotions.”
The more you think about this concept, the more you realize it’s true. But why is tha…See more
The next few days could decide the fate of the market for the rest of 2023, with many stocks and crypto sitting near key support and resistance levels.
News of layoffs makes stocks rally as the market predicts pausing and perhaps even lowering of interest rates in the coming months. Here's what I think.
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👀 $COIN well nobody knows the future but coinbase is a public company and that makes a world of difference. Coinbase MUST open books and show everything good and bad every quarter. I jumped in at $40 and sure it could come back down and if so I’ll buy more - whole shares only - but it does appear they will survive and they have been through bear market cycles like this before and we need to think long term as with all stocks in todays market - in 10 years whose to say COIN couldn’t be one thousand per share and then split 10 for 1? Check the following Coinbase key statistics - *NOT FINANCIAL ADVICE! ✌️
Coinbase generated $7.8 billion in revenue in 2021, a 550% increase on 2020
Coinbase has 98 million users worldwide and 8.8 million people actively exchange every month
It also generated $3 billion in net income, a huge improvement on the $108 million it reported in 2020
Coinbase currently has $223 billion in assets under management
Coinbase is a public company and has to show everything quarterly
Bull vs. Bear Market
One way to describe the difference between a bull and bear market is to imagine a bull and a bear facing off in a ring. A bull market is like a strong, confident bull that is charging ahead, pushing prices higher and higher. A bear market is like a big, lumbering bear that is dragging its paws and pulling prices down.
In a bull market, investors are optimistic and confident,…See more