COIN  220121C00300000

Coinbase Global, Inc. Class A Common Stock

Kicking myself: sold my $COIN calls at a loss and I'd planned to roll them into new calls last week but didn't have time.

Probably a lesson to be learned here because I feel like $COIN is very undervalued, I wish I'd stuck to my guns.

With the NFT Announcement, I feel even higher conviction: They've already had ~1.5M waitlist signups! (Opensea has ~10% of that, and look at their volume!).

I also think earnings could be a big beat after another crypto-fueled quarter. (TBH, I don't really get all the "fee/multiple compression", given how large potential market is)

BTIG increased it's price target to $500:
[https://twitter.com/Kr00ney/status/1448693451441143808?s=20](https://twitter.com/Kr00ney/status/1448693451441143808?s=20)

A famous oil investor/business man once said: "Fool me once, shame on...shame on you. Fool me—you can't get fooled again"

Hope he was right!

"A famous oil investor/business man" Incredible credit to one of my favorite videos of all time 😂😂😂😂

Josh Rozin

$COIN valuation is very attractive already without the NFT marketplace with the marketplace it's even more. I like it too :)

Rihard Jarc

Agreed @rihardjarc. Coinbase is the consistent on boarding tool into web 3/crypto for the average guy. Be interesting to see if they do something with DAOs and Tokens in the future. 

T◎m

When you have situations where you wish you'd made a different decision, how do you best capitalize on that "teachable moment"?

I've recently started keeping an investing journal. For every trade I write down WHY I made it. If it turns out that the call I made didn't win, it helps salve the wound if I can reanalyze what led up to it.

Looking at your $COIN trade, and discarding the post hoc data, was it a good call at the time? Is there anything you see in retrospect that would cause you to make a different call in the future under similar circumstances?

Justin Myers

BTIG w/ a bullish note on Coinbase #NFT announcement

Reiterates $500 PT after NFT marketplace waitlist attracts more than 1.35M signups, shows "promise of new, higher margin revenue stream as part of accelerating diversification effort" $COIN

https://twitter.com/Kr00ney/status/1448693451441143808?s=20

Kate Rooney (@Kr00ney) on X

How to NOT trade $COIN options

Undefined

Bought COIN $300 Calls

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