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Apr 14 2021 11:49am
Quote (ofthevoid @ Apr 14 2021 12:48pm)
this

I don't think it's a stretch to assume that Coinbases stock price will be somewhat correlated to crypto asset pricing.

Personally, I'm not buying at this retarded valuation. I'll look for when there's blood in the street because crypto prices are dumping and maybe scoop some shares for trade, possibly investment based on more research (if i can still trade)


and in my mind its only worth buying at bottom of the crypto bear market, where in theory you should be buying the lowest drop crypto instead. so yeah, not sure if ill buy it at all.

but the BNB price skyrocket has be thinking that these exchange based assets might be onto something.
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Apr 14 2021 11:59am
The guy that bought at 425 today

>It's a long term hold anyway

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Apr 14 2021 12:01pm
Quote (ofthevoid @ Apr 14 2021 12:59pm)
The guy that bought at 425 today

>It's a long term hold anyway


that was me LOL :(
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Apr 14 2021 12:08pm
Quote (TheWhiteTower @ Apr 14 2021 02:01pm)
that was me LOL :(


Sorry to hear. I'm sure you'll be fine long term.

Can someone explain to me like I'm a Reddit retard how does stock ownership work with the BNB coin?

edit: for people looking for some reference price i think this is a good target for the short term. I'd expect at least some support at that price.

Quote
For instance, Coinbase wrote in its S-1 filing with the U.S. Securities and Exchange Commission that pre-IPO shares sold in private sales between Jan. 1 and March 15 fetched a volume-weighted $343.58-per-share average price. At that level, COIN would have about an $89.8B valuation based on a 261.3M fully diluted float.


This post was edited by ofthevoid on Apr 14 2021 12:32pm
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Apr 14 2021 12:30pm
Quote (Bazi @ Apr 13 2021 09:16am)
Mine filled


Took my 10% and sold just now, saw you’re in this for the long haul.

Good call with that bounce off 90 cents, was spot on.

This post was edited by obisent on Apr 14 2021 12:55pm
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Apr 14 2021 12:35pm
Quote (obisent @ Apr 14 2021 01:30pm)
Took my 10% and sold just now, saw you’re in this for the long haul.


I had an order to buy 3k worth as long as it was below 450. IBKR kept cancelling my order. WeBull has access but I don't have funds to buy in WeBull since that's where I have all my PLTR shares and options.

Figured out I can do more advanced options stuff in IBKR, but their interface is still ass, even on their dedicated trading platform you have to download and install.
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Apr 14 2021 12:54pm
Cb dropping like a rock.
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Apr 14 2021 01:01pm
Quote (obisent @ Apr 14 2021 01:54pm)
Cb dropping like a rock.


Conflicted between trying to buy close to the bottom and just selling puts on more stable things.

Saw PLTR going up at open. Rolled my calls out a week and a dollar up for a slight credit. Then it tanked and they went down 80% so I bought them back and sold the same calls I had originally expiring this Friday
So I wrecked my day trades, but ended up with like 4% gains in 2 hours.

This post was edited by Thor123422 on Apr 14 2021 01:07pm
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Apr 14 2021 01:21pm
Quote (obisent @ Apr 14 2021 01:30pm)
Took my 10% and sold just now, saw you’re in this for the long haul.

Good call with that bounce off 90 cents, was spot on.



Ya I’m long from 40 cents so easier decision for me tho
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Apr 14 2021 01:26pm
IPO opened at $381 so I didn't execute. I pulled my buy order when it exceed $420. Just bought in at the high $320s. Def. a good price for a money printing, profitable IPO.

Their Q1 2021 8K>>>

This post was edited by S3th on Apr 14 2021 01:26pm
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