Oso planning to go pro
*sad trombone noises*
I'm guessing this bounces around *a lot*. That being said, I picked up a very small position at $330. If Heisy is right about the revolution that is coming to finance, then this is an okay way to take a stab at riding some of those coattails.
What's the bull thesis here? Coinbase seems to be a middle-of-the-road exchange with no moat. Just banking on first-mover advantage?
Wouldn't it cut out the middle man to just buy bitcoin if you believe in cryto enough to buy coinbase?
Anybody buying any interesting stocks that have nothing to do with crypto?I doubled my BABA position last week, did the same with COST a week or two before that.
I've been expanding my IPOE position pre-merger.
Haven't heard of that, Ska. What is it?
I have a full position in BABA, but added previously in the 220's. I've actually been buying a fairly arcane security known as the S&P 500 index. Also considering reinstituting a buy-write strategy on bank stocks again. Had some nice success with it previously, and fortunately I had everything called away from me just prior to COVID breaking out.
That's the Sofi SPAC right? I'll confess the being very SPAC ignorant though, does a share of IPOE convert into a share of Sofi whenever the SPAC merger thing closes?
Thanks for telling us about IPOE, Ska. Interesting company, and useful information. I have dabbled a tiny bit in a couple of SPACs in the gambling space (DKNG, DMYD). With crypto, SPACs, etc, it's a wild time to be an investor. The vast, vast, vast majority of my portfolio is in boring, blue-chip companies because that's where my comfort level is. My largest positions are MSFT and JNJ, followed by PEP, MCD, WEC and AAPL.
I know it's a silly joke of a crypto, but my daughter and I are enjoying Doge. She bought $3.00 worth when it was at 0.003. At her urging I bought a little bit - like $25 - when it was at 0.04 just for something for us to discuss and bond over. $0.18...lolEdited to add: make that $0.19 (it was $0.16 when I started my initial post)
sell sell sell sellDoge is a meme coin, has no use other than gamba, and inflationary as hell (5 billion are added every year!). Buy something that has use.Or, its your money, do what you want!
It has use. My daughter and I text back and forth about it. From my perspective, that's $25 well spent. I'd like to think she views it as $3.00 well spent.
Ha, that is an excellent point. Indeed, money well spent.
Doge at .27