Bitcoin has fared better than Coinbase stock COIN since April 2021.
that the crypto volatility could turn 2022 into an unprofitable year, noting their adjusted EBITDA losses could come to be around $500 million if its monthly transaction users come at the lower end of its guidance range.Jere Ong, the principal analyst and founder of JR Research,that 96% of Coinbase's total revenue in Q4/2021 came from the fees charged on retail transactions, which highlights its business model's"inherent weakness.
"We believe it offers a short-term buying opportunity for speculative investors. But, we do not encourage investors to hold COIN stock for the long term unless you have a very high conviction of its execution.Bitcoin is a different beast when compared to the shares of centralized company like Coinbase.
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