 crypto What's up money geeks mr v here welcome to another video guys so in this video we are going to talk about coinbase ticker symbol c o i n so this is uh the largest um crypto exchange in the world so for most people that uh trade crypto if you trade on other platforms like robin hood you probably see access to crypto On so far you see access to crypto, but Coinbase is the largest platform that is dedicated solely for crypto trading And so and the company has been growing like crazy So that's what i want us to cover in today's video But before we get started guys if you're new to the channel We talk about how to earn money how to save money how to invest and build wealth So if that's something that interests you go ahead and hit the subscribe button and your notification bell So you don't miss out on new content So as i started guys crypto is now like mainstream you see companies Talking about using it tesla is saying they can accept bitcoins For you know as payment for your cars. Yeah, the city of i think miami is starting to Or talking about accepting Crypto as payments for some of their city facilities So i mean a lot of companies are starting to adapt Even people are starting to adapt crypto So you will see companies that are dedicated for trading crypto continue to grow like coinbase So coinbase had announced that they were going to go public through an ipo and then You know kind of somewhere down the road change your mind to do the ipo and went for a direct listing So they're going public next week monday through a direct listing. So Again, I don't want to give you guys everything about coinbase. You just go to the website Pretty much is the largest crypto exchange in the world. So i'm not going to go into the details of You know what they do because that's pretty much what they do so Like right here if you look the ticket symbol it's going to be c O i n so monday They don't have a specific time when this is going to start trading on monday. So you just have to Put this ticket symbol and just watch it as soon as it starts you can jump in I personally i'm going to be buying this one and holding it long term because I see the potential buy it and hold it Even if it drops i'm going to average into it. I don't plan on selling it So I have a set amount of money that i'm just i'm just dedicating to Coinbase so i'm going to hold this one long term because again in the space of crypto exchange coinbase is really Stepping up and Establishing themselves as the leader in that space and you know leaders are where people would usually go When they need something and that's why I like them just to give you guys some context as to this company your revenue For q1 2021 It's estimated to be about 1.8 billion dollars guys. This is insane So let's just to give you guys some context again. Look at um, let me show you here Look at their revenue the past almost two years or so 2020 q4 585 million that's just a little bit over half a billion dollars 2021 q1 it jumps to 1.8 billion dollars. So I mean again, this is With the whole idea that not a whole lot of people have actually accepted crypto for what it is People are still pushing back like they did with tesla and all these other companies. So I anticipate is uh 1.8. It's they're probably going to break it This this q2 is probably going to go to about maybe 2.2 billion And as more companies start buying crypto adopting crypto using cryptos and accepting cryptos You're going to see this is going to grow and q1 base user base is only going to grow uh from them Like I said, there are other companies or there are competitors that trade cryptos So you can buy crypto on webo on robin hood on sofai Binance there's other Crypto exchanges out there, but again q1 base is actually established itself as the number one Guy in that space. So that's why I like the stock again The listing day is April 14 that's monday And there's no set time when this is going to start trading. So you usually just have to watch it I for the most part. I've seen this somewhere between 11 and 1 p.m. So 11 a.m. And 1 p.m. Central time. So I adjust that to your time That's when I've seen most of the stocks that do direct listing or IPO start trading We saw that we roblox and and so you would see we saw that with palantir And we saw that with snowflake. So you anticipate that these guys will probably fall within that same range. And so For people that just want to trade it that day. That's cool But for the most part you can buy it Sell it makes some profit network for a pullback to buy a long term I usually do that with most of my ipos But this one I'm going to buy whole average down and keep it in my portfolio long term So as you guys know, I have a day trading portfolio So or day trading account and I'm going to day trade it at the same time buy and hold long term in my other account So that is my strategy for this one Again, let me know in the comment section guys. What do you guys think about this IPO? What do you guys think about coinbase? Which crypto exchange do you use and have you tried coinbase just for transparency? My crypto is all in coinbase. So everything I own as far as crypto is currently sitting in coinbase And I have their wallet and that's where I have everything stored Again, let me know in the comment section what you guys think if you're new to the channel We'll talk about how to earn money how to save money how to invest and build wealth So if I something that interests you go ahead and hit that subscribe button and your notification bell So you don't miss out on your content. Also, if you are looking to get started with investing We both have the promotion right now where if you sign up and deposit $100 you get free stocks links in the description below and as always guys Do your due diligence. Don't be a greedy savage and stay motivated