Is COIN a good example of buying the rumour and selling the news? Because blockchain analysis gave them an idea of what range their earnings would be in?
big stocks like this are great stocks to own and hold medium to long term. Not good to short. The fundamentals are good, they are making lots of revenue but its mostly priced in because it moves so much with BTC, ER for stocks like COIN are mostly just to CONFIRM they are doing good. THe only thing that will move coin A LOT are government news about BTC or BTC moving a lot
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u/fre-ddo Feb 13 '25 edited Feb 14 '25
Is COIN a good example of buying the rumour and selling the news? Because blockchain analysis gave them an idea of what range their earnings would be in?