koolgal
08-27 07:53

🌟🌟🌟I choose B: The trading platforms of $Coinbase Global, Inc.(COIN)$ & $Robinhood(HOOD)$ .  Why try to guess which crypto currency hit the moon when you can just tax the chaos?  Whether the market goes violently up or crashes into Earth, people are going to trade. Coinbase & Robinhood take a slice of every single emotional decision made.

In fact my Top Pick is Coinbase.  Why?

Coinbase is the largest cryptocurrency trading platform in the US by trading volume & the world's largest custodian of cryptocurrency.

Despite operational headwinds, Coinbase delivered its 14th consecutive quarter of positive EBITDA at USD 207.8 million.  It has a massive USD 8.6 billion war chest of cash & equivalents.

Coinbase is no longer just a bet on the price of Bitcoin.  It is the plumbing for the modern update of the global financial system.

@Tiger_comments @TigerStars @Tiger_SG

# Xiaohu Hotspot Radar

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  • nizzmo
    Β·08-27 17:22
    Calling it financial plumbing feels way too generous. 14 straight EBITDA quarters sounds nice, but that 207.8M still lives and dies on trading frenzy.
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