Tag: Buying

Coinbase Is Embarrassing Itself By Not Buying Bitcoin

coiner

Really, at this point, Coinbase is just embarrassing itself by not buying Bitcoin and doing silly buybacks. Coinbase just had a bad quarter. After reporting disappointing Q3 earnings, its stock plunged over 10%. To instill confidence, Coinbase announced a $1 billion share buyback. But that flopped, too, with shares barely budging. This whole debacle just shows that Coinbase is foolishly ignoring the obvious strategy here — buying bitcoin. Instead of share buybacks, imagine if Coinbase put $1 billion into bitcoin for its corporate reserves. That would have sent a real…

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Are Bitcoin Whales Buying The Dip?

coiner

Bitcoin’s recent price volatility has led many to wonder if large-scale bitcoin hodlers are taking advantage of price dips to accumulate more bitcoin. While some metrics may initially suggest an increase in long-term holdings, a closer examination reveals a more nuanced story, especially after the current prolonged period of choppy consolidation. Are Long-Term Holders Accumulating? Upon initial observation, long-term Bitcoin holders are seemingly increasing their holdings. According to the Long Term Holder Supply, since July 30th, the amount of BTC held by long-term holders has increased from 14.86 million to…

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BlackRock ETF stirs US Bitcoin buying as research says ‘get off zero’

coiner

Bitcoin (BTC) will suck in “all prosperity gains” in future and leave behind those who have no exposure as a result, a new prediction says. In a Twitter thread on July 8, investor Luke Broyles delivered a bold vision of how Bitcoin would become “society’s base money.” Investor tells would-be Bitcoin buyers: “Get off zero” What started off as a commentary on how artificial intelligence (AI) is welcoming BTC soon became a dramatic outline of how it should end up as the world’s go-to currency. For Broyles, Bitcoin’s key attribute…

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How to avoid impulse buying and save money instead

coiner

Impulsive purchases can hurt a person’s finances by causing unneeded expenses and depleting reserves. However, by using budgeting applications, people can successfully avoid making impulse purchases and save money instead. This article will look at how budgeting applications can help users control impulsive spending and reach their financial objectives. Understanding impulse buying Unplanned purchases made without taking the long-term effects into account are referred to as impulse purchases. It frequently happens as a result of emotional triggers, enticing marketing strategies or a lack of self-control, as explained below: Emotional triggers:…

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