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1 Smart Way to Play the Crypto Market

Market, Investors, Smart, Coinbase, Crypto, Coinbases, Industry, Recent, Revenue1 min read

Bitcoin and other cryptocurrencies have fallen out of favor in the past few months. Investors should practice patience and expect lots of volatility along the way. An investment in Coinbase Global stock is essentially a bet on the growth of the whole cryptocurrency sector. The company recently decided to cut 18% of its workforce, managing expenses and maintaining operating flexibility is the top priority right now. In the future, the company is hoping to help build the crypto economy where real-world utility dominates. For newbies to the industry, the added bonus is that it isn't necessary to figure out which individual cryptocurrencies will rise in value. But investors should practice extreme patience, and expect a lot of volatility during the process of building a new financial system. The company's internal venture-capital arm has Source

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