Cryptos Platform logo Cryptos Platform logo
Seeking Alpha 2022-06-24 18:42:21

When will it be safe to buy Coinbase amid worries of a crypto winter?

Coinbase (NASDAQ:COIN) has bounced off its 52-week low in recent weeks, as the stock recovers from the recent meltdown in the cryptocurrency market. However, worries remain about the crypto exchange, which has taken steps, including sizable job cuts, to prepare for a slump it warns could last for an "extended period." Has crypto bottomed out at these levels, making COIN an attractive buy for the recovery? Or does the crypto winter have a long time left before a thaw? Is a Crypto Winter Coming? Coinbase (COIN) came public last April in a direct listing, with the stock hitting the market with a reference price of $250. Shares jumped in their initial trading but retreated from there, spending a good chunk of the next few months below the reference price. COIN benefitted from a new wave of interest in October and early November, as a surge in crypto prices sent the

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约