Earlier quoted context omitted.
Everyone is losing now almost regardless of asset class. You could argue house prices haven't fallen yet ... let's wait and see this isn't over yet.
I'm up 40% since Jan 1 2022. I've been short the markets and shorted AMZN since November 2021. I've made roughly $100k on it and just closed my position today.
Coinbase stock lost over 75% value
391–400 of 466 posts
Re: Coinbase stock lost over 75% value
#392Earlier quoted context omitted.
Everyone is losing now almost regardless of asset class. You could argue house prices haven't fallen yet ... let's wait and see this isn't over yet.
I'm up 40% since Jan 1 2022. I've been short the markets and shorted AMZN since November 2021. I've made roughly $100k on it and just closed my position today.
Re: Coinbase stock lost over 75% value
#393Earlier quoted context omitted.
Google is in the S&P500.
And? That’s not solace to anyone who owns COIN and could’ve bought GOOG instead.
No one holds the sentiment that Coinbase or growth stocks is a risk-free investment. Google on the other hand was held to the esteem of being cash / better cash equivalent. It's not.
Re: Coinbase stock lost over 75% value
#394Don’t touch anything Cathie Wood buys (for now).
Why? Should I adopt the Inverse ARKK?
Re: Coinbase stock lost over 75% value
#395Earlier quoted context omitted.
Most people in SV do this. So, it’s pretty normal actually.
That's just totally disconnected from reality. The majority of Silicon Valley homeowners don't receive any equity compensation. You should walk around and talk to regular people sometime. (The numbers may be different if you look solely at recent buyers in a certain limited set of neighborhoods.)
Re: Coinbase stock lost over 75% value
#396Re: Coinbase stock lost over 75% value
#397Earlier quoted context omitted.
> football player style contracts for engineers, where you are tied in to a team for N years, and with a requirement that another team has to pay big money for your contract if they want you to transfer? i.e. golden handcuff equity grants with vesting schedules? Top performers in highly demanded areas can have some or all of their remaining equity bought out. It definitely ties the value of the contract to the stock…
That’s different. You are talking about doing a deal with the player. I’m talking about Company X having to pay off Cloudflare-the-business if they want Team Cloudflare’s top network engineer to transfer to Team Company X, mid contract.
Re: Coinbase stock lost over 75% value
#398Earlier quoted context omitted.
It warms my heart to think I could still be graded on language use so late in life. How would you describe it?
It's a bit awkward since "poisonous" usually refers to things you eat, and sandboxes or their contents are generally not eaten. If you want to continue the sandbox metaphor, which I do like, "playing in the Fed's sandbox until the bottom fell out" might work. Or even "toxic sandbox".
In my experience that is not a correct statement for the target demographics.
Re: Coinbase stock lost over 75% value
#399Re: Coinbase stock lost over 75% value
#400Earlier quoted context omitted.
Lots of online brokers will let you trade individual securities. The used to be more fees associated, but lots of places now allow zero-fee trading as well. ymmv https://www.nerdwallet.com/best/investing/online-brokers-for...
Please don't call it zero-fee. Try buying $1000 worth of any stock and immediately selling again. Notice how you now only have $980. You effectively paid a $20 fee. It was just a hidden fee in the spread caused by whoever executed your trades.
There are two prices, the bid price (how much someone is willing to pay) and an ask price (how much someone is willing to sell). When you submit a market order, you usually get a price close to the bid (if you’re selling) or the ask (if you’re buying).
The 20$ difference you describe is the spread - not a fee taken by the brokerage, market maker, exchange. Whoever is executing your trade isn’t pocketing the 20$.