Why I Bought Coinbase Stock
Cryptocurrency seems to be here to stay in one form or another. As the industry sorts itself out I have finally made an investment in one company that I think could be a winner long term. Coinbase (NASDAQ: COIN) has established itself as a leader in crypto trading and education, and is a brand that could be a household name, eventually.
This investment isn't without risks. Cryptocurrencies could crash, trading margins will likely come down, and a flood of money coming into crypto could reverse at some point. But I like the risk/reward profile of this cryptocurrency leader.
Image source: Coinbase.
Source Fool.com