![]() Robinhood hit its high of 13 million users during that time. The pioneer in commission-free app trading was a driving force in the new retail investing boom. This all sounded great for a little company called Robinhood. The CBOE Volatility Index (VIX) hit a record high of 82 in March, pointing to higher options prices and greater market instability. Trading volume soared 156% from 1.4 million to 3.59 million between January and February. Starting in 2020, with lockdowns and big market moves, you had a surge in digital trading. ![]() Bitcoin is up over 1,000% in the last 12 months, and the S&P 500 is at an all-time high of 3,837 - up 68% since the COVID-19 crash.īut Robinhood has a unique problem all of the sudden. Stars Align for Coinbase IPO in 2021Ĭoinbase and Robinhood have been giving traders better access to the markets all year. Here's the catalyst that's pushing Coinbase toward unquestionable "buy" status. People are ditching cash, and interest is brewing in the crypto space. And it looks like Coinbase stock could start out pricier than anyone first thought.īloomberg recently reported that the stock was selling at a private auction between $350 and $375, indicating a $100 billion pre-IPO evaluation for the company.Ĭoinbase is using a direct listing to go public, which means it can go public much faster than a traditional IPO ( read all the details here).Ĭoinbase stock is hitting the public market at a historic moment, a perfect storm for anyone looking to invest in the company when shares are available. We’re inching closer to the Coinbase IPO. ![]() ![]() Save my name, email, and website in this browser for the next time I comment. Sign me up for the Money Morning newsletter Your email address will not be published. Or to contact Money Morning Customer Service, click here. It's one of the main ways to win the game, especially against people playing a primarily honest game.Comment on This Story Click here to cancel reply. Sometimes it won't work, but often they'll be so uncertain they won't check you when they should or vice versa and you'll get a big haul from it! The more you can keep people guessing wrong, the more you can take advantage of their assumptions to get big hauls, the more you win! If they challenge you, congratulations - you got the Sheriff to open your bag with totally legal goods! If they don't challenge you, then you start doing things where you take two contraband, claim three cheese, but actually put the contraband in your bag, and you got a ton of points! Once they start doubting you because you always pull in contraband, then you play honest, and they start opening your bag and paying penalties - also good for you!īasically, whatever people are going to assume, do something that makes them question that assumption. Like - if there's always tons of contraband in the piles, what if you actively take some contraband? Take two contraband from the discard pile so you look super-suspicious, then put three cheese in your bag, claim three cheese, and dare them to contradict you. I find the answer in this game is usually - if it's really settled among the group that in some circumstance everybody would always do X or nobody would ever do Y, then your question is how can you take advantage of that to unsettle things and mix them up!
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