Quote (Linux @ Aug 11 2021 09:17pm)
Yeah, i'm moving money around right now to really make $COIN a foundation in my portfolio. On the 10-Q, the operating expenses has grown pretty high and that Net income.....
https://i.imgur.com/j14LZmM.pngI think their op expenses growing that high isn't that concerning. Like they have to spend and invest in high growth projects and diversify away from fee revenue, that's a top concern for the company atm.
Who knows what will happen, none of us have a crystal ball but COIN feels like Tesla to me. For the longest they weren't profitable and market participants doubted them until all of the sudden the company's plans came together and the stock went up 1400%.
If someone told me COIN will have a market cap of 200 billion in like 3-4 years I personally wouldn't be surprised.