Crypto Crashed, Coinbase’s Stock Followed | WSJ What Went Wrong

Coinbase went public with a highly anticipated listing in 2021, but as the crypto market crashed, the company’s share price dropped by more than 80%. Now it’s working to diversify its revenue.
WSJ’s Paul Vigna explains what went wrong.
Illustration: Jacob Reynolds
What Went Wrong explores the challenging conditions and decisions that led to a company's downturn.
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#Coinbase #Crypto #WSJ

[@elvismark5172]

Sincerely, I'm not sure if investing at this time is a good option. Pay attention to how often things fall apart. Despite reading charts and predictions from renowned investors from the past and present, I'm still seeking for a better way to invest my money because I still have some time before retiring. I want to create a strong and trustworthy portfolio in order to produce passive income.

[@AnthonyHart34]

Without a doubt, the Fed is to blame for the exceptional catch-up measures currently in place since they were initially too slow to control inflation. The outbreak, supply-chain issues, and the state of Ukraine are all contributing reasons to the impending inflation perfect storm. Not to mention the steep rise in housing costs, another aspect that makes it difficult for the Fed to keep inflation under control. In conclusion, if you have the money, remove it quickly away to take advantage of the high savings rate.

[@oscarjiron6974]

Without a doubt, the Fed is to blame for the exceptional catch-up measures currently in place since they were initially too slow to control inflation. The outbreak, supply-chain issues, and the state of Ukraine are all contributing reasons to the impending inflation perfect storm. Not to mention the steep rise in housing costs, another aspect that makes it difficult for the Fed to keep inflation under control. In conclusion, if you have the money, remove it quickly away to take advantage of the high savings rate.

[@waynestones]

@@oscarjiron6974 I need advice on how to rebuild my portfolio and come up with new strategies because of the significant drops. Whereabouts of this advisor's city?

[@oscarjiron6974]

@@waynestones It's amusing that you brought it up since I completely understand. I'm not sure whether I can mention this, I have dealt with a lot of investment advisors, but so far ''sharon lee casey'' has proven to be the most capable and educated. My portfolio is also managed by her.

[@thomaslewis514]

@@oscarjiron6974 I can see why she is so busy because she has an impressive profession and excellent credentials. Therefore, without further ado, I immediately copied Sharon's complete name and typed it into my browser.

[@anitalawrence2668]

Great stuff. I watch several youtube videos on how to trade in the market but haven't made any headstart because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands

[@perezcamelia1273]

The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed, I'll highly recommend leeroy walker, he is my current trader and his strategies are working

[@Joelgarcia47]

@@perezcamelia1273 I'm amazed you mentioned leeroy walker, he is the best and her strategies works like magic. I've been making over 80% of my investment weekly since I started investing with his trading service

[@JamesRandle5]

As a first time investor I started trading with leeroy walker with just a thousand bucks. my portfolio is worth much more than now within just weeks of trading with him

[@benroland3652]

As a first time investor I started trading with leeroy walker with just a thousand bucks. my portfolio is worth much more than now within just weeks of trading with him

[@martinthomas9371]

Consistency is key, I've been investing with him for months now and I've made alot of profit from him. Most of those traders who offer to give you 500% of whatever you invest might scam you of your hard earned money. Forex ain't that easy you know

[@EsattsonnChannel]

qardden token is awaiting major CEX listings. It's possible to hit 100x this year.

[@notreally2406]

🤣

[@gulnur3916]

Qardden token and amazon signed a partnership. It will blow up once it hits mainstream.

[@markblinks8597]

If I didn't take risk I wouldn't have been this rich, stock trading really pays when you get it right, working with adequate resources and accurate strategies is the key

[@davidjames6332]

That's great just started watching videos on stock trading would love to get some insights into stocks

[@MichaelJohnson-hy5cd]

You must be indeed rich to give such testimony on stock

[@markblinks8597]

My nephew wanted a loan to go on vacation but I had to invest $23k on stock for him now he is happy

[@liamhenderson8215]

That's great

[@aibai7437]

@@markblinks8597 how profitable is your investment? as a beginner what do I need to do? how can I invest, on which platform

[@ONURbzkna]

This may be the last time you can get AMZM4 before it takes off 4,000%

[@polarspirit]

So be it. Not buying

[@notreally2406]

🤣

[@joycelawrence9450]

Always good to hear your thoughtful and logical analysis. I don't care about bullish or bearish market. Trade a small percentage of your portfolio rather than going in and out every couple weeks trying to time the market trading went smooth for me as I was able to raise over 8.4 BTC when I started at 3 BTC in just few weeks implementing Gary Christopher and tips.

[@durihye2405]

I can bet Gary is the best in the market now…. Very reliable and his analysis are accurate

[@futticy6563]

New week up as many FOMO in. But the AMZM4 story isn’t over yet. The only strat that works under all circumstances is DCA all the time with solid, large companies (not hyped ones).

[@marlanasloan8302]

​@Henry Alfred I'm planning for retirement and have like half a million in a CD account with a very low interest and plan on growing the bulk. But I have no idea about stocks to buy or what assets that would yield highest potential and so on. I found Mary's official webpage after looking up her name onlin. Quite impressed at her achievements. Do you give out your funds in process of copyin her trades? What's the fee structure

[@thenewwayhome]

It is really hard to hold a business up in the middle of a flatlining market.

[@drmodestoesq]

Unless your business is liquidating bankruptcy assets.

[@notreally2406]

Especially an unregulated one that's only purposes is speculation

[@wiebeplatt4749]

It feels like if people don't see growth in a week or a month they throw a tantrum sell out then proceed to call the market a fraud, lol. Forgetting It's always the hard times that show us how to be better investors making at about $2M for the long term ; understand and know the path needed and stay committed to the craft. Be smart don't let fear stop you from making money

[@Alejandracamacho357]

Understanding that this downturn is something to be happy about, not stress over. Best birthday gift anyone could ever asked for. .. Invst, make those dollars count! . Everything you want is on the other side of fear

[@marianparker7502]

@@Alejandracamacho357 wow!!! how are you able to achieve all that given that the market has being a mess most of the year? I've been in the red for the past couple months, lost 12k last week alone, Indubitably I've got good companies but returns is still stalling

[@Alejandracamacho357]

@@marianparker7502 Working with a Financial Advisor to help guide you on your wealth-building journey if you're just starting out is a wonderful way to get started and thats how i was able to accrued good gains . They helps to manage investment overall risk profile , prevent permanent loss of capital consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal

[@marianparker7502]

@@Alejandracamacho357 your assertion that as we age we become more risk averse rings so much true to me. who’s your financial advisor i would love to check him/her out.

[@Alejandracamacho357]

@@marianparker7502 My adviser is "SUSAN AGNES HANCOCK" You can easily look her up. She has years of financial market experience and she is also FINRA & SEC verifiable.

[@javiertorres9114]

QT is gonna be the norm for a long time, we just had 10 years of 0 interest rates which isn’t normal. When money is being pumped into the economy for that long, weird things happen like inflated assets; housing and stocks and of course crypto currency is invented.

[@CutleryChips]

And just as some KZbinr release KZbin video saying all the reason a a stock crashed, it rises

[@jjff1357]

Anyone knows how coinbase is connected to IRS?

[@carlosk8103]

I mean they report your earnings to the IRS...

[@RM-el3gw]

hello and welcome to the bot comment section

[@dboyagod]

Bruh 💀

[@YTDataAnalyst]

With the way things are moving, I think I need to see a video on "How to survive amidst the present recession". I mean, everything is in shambles. Surprisingly I heard people still make over 100K within a few months, seems I am getting it all wrong.

[@patriciacleveland2588]

Have this at the back of your mind. There are good days, and there are bad days. It is a zero-sum game. Always follow these tips: Save, and Invest wisely, by diversifying your investments so that when another is down, the other will be up. An experienced specialist whose platform has diverse investment choices to pick from can help you achieve this. I can recommend one if you don't mind. By doing so, you give little room for regrets and perhaps gain more.

[@kathleenstoner.n7499]

@@patriciacleveland2588 Generally, diversification is a key factor. Don't put all your eggs in one basket. Pragmatically, I have been into all of these for some time, though I won't say I have made or lost a fortune. Pls do say the specialist with diverse investing choices as you said. It's quite rare! I anticipate your response.

[@patriciacleveland2588]

@@kathleenstoner.n7499 Funny enough, I can honestly relate. I don't know if I am permitted to drop this here, but do run a check on Sandra Yvonne Webster. Was in the news a lot a few months ago.

[@sonyablack2015]

@@patriciacleveland2588 In all honesty, this is the second time I am coming across the name "Sandra Yvonne Webster". The first was Last Tuesday at a summit on the economic bubble in CA, there were lots of testimonials, with proofs from her clientele on how they gain daily with her. The testimonies were so impressive and sounded too good to be true. I had to make some research and found out she's one of the oldest by ranking and has a very large clientele base. I am still a bit skeptical. Do you work with her? Thanks.

[@patriciacleveland2588]

@@sonyablack2015 Yes, I do. Her AI-driven trading interface made waves a few months ago.

[@philipsduke40]

Building a good investment portfolio is more complex so I would recommend you seek professional support, This way you can get strategies designed to address your unique long-term goals and financial dreams

[@christopherpaul9674]

Sometimes I really wondered how people make this huge profits investing on the stock market online

[@brookemike9166]

I agreed with you, investing and earning is a legitimate way to gain financial freedom, but how is it done

[@daniellebrian4208]

Many people do know Mrs Stacy Griffin kartner , she's great and her methods are really working for me at the moment.

[@andycollins9481]

I have had alot about Mrs Stacy Griffin kartner recommended her here

[@textme2552]

I have made my 1st and 2nd profits trading with her has no cause for alarm

[@royreyes8422]

a great reminder when to get out. thank u.

[@raymondwalker490]

Coinbase will never become a popular exchange anywhere but in the US. And it will always be under government control.

[@laolu2007]

I feel companies should stop rushing to go public

[@Collinsv8]

To make the executives rich. Theres a huge incentive for the very top.

[@zcorpalpha2462]

Not everyone lives in the lost city on NYC anymore 🤣

[@richardgillette5759]

Wow so many good people here in the comments just wanting to help me make money. Thanks folks

[@christopheryepes2077]

I'm new to cryptocurrency and don't understand how it really works. Can anyone show me the right approach to investing and making good profits from cryptocurrency investments?

[@giorgiocasula8646]

First start working with a professional trader if you have any. if you don't, I'll recommend nikky to you, she's really one of the best traders i'd trade with. she is going to guide you and give you the rundown on how to get started

[@bandilezulu1938]

[@christopherandrew3544]

Amazing I also just started trading with Nikky she is the best at what she does with an initial investment of $1400 i made up to $10230 in just a week of trading with her, her strategies are mind blowing.

[@elizabethchan6237]

Goodness gracious I can't believe you guys are talking about Mrs Nikky. After watching so many KZbin tutorial videos about trading I was still making losses not until I met Nikky. She is now currently managing my account and I just made my second withdrawal yesterday

[@christopheryepes2077]

@@giorgiocasula8646 How can I reach Nikky please?

[@8.snfyazlyahazrlk282]

Could you please talk about AMZM4 it’s very strong and took off in short time thanks.

[@Carmador]

HODL does not stand for hold on for dear life

[@shrin210]

then what

[@subparwelder]

@@shrin210 it's just a forum post where the guy misstyped holding. It's a backronym that doesn't even mean what hodl or hodling means. What is meant is that the person is holding no matter what because they think the value will eventually go up. holding on for dear life implies many other things.

[@markbrown2629]

Coinbase still thinks it has some influence in the crypto world but that has long been the case.

[@eiknarf00]

I love how no one mention Cramer

[@jwz-kalash1768]

Exciting times for Amazon’s *AMZM4* and it's community.

[@bsetdays6784]

Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $117k stocck portfolio, what’s the best way to take advantage of this bear market?

[@kaylawood9053]

While there’s more pain to come, investors should look for stocks like Royal Philips NV and Alstom SA that have been beaten down enough that they’re a bargain or get a good portflio manager...

[@roddywoods8130]

agree, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k.

[@afriquenegocesarl3642]

@Roddy heard it's a good time to buy and basically I've just got cash sitting duck in the bank and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up

[@roddywoods8130]

@@afriquenegocesarl3642 Having a coach is key in a volatile market, My advisor is “Patrice Carol Rainer” You can easily look her up, she has years of financial market experience...

[@selenajack2036]

Out of curiosity I looked her up and surprisingly she seems really proficient. I can see she has worked with top notch companies like M&T SECURITIES. I appreciate this.

[@sunnohh]

That coinbase ceo might have a lot of money, but I sure have more hair

[@TheMrFishnDucks]

Cannot believer were still talking about these scams, monopoly money is better because you can use it toilet paper in the worse case scenario or to light a barbecue. Nice video. Keep up the good work.

[@sophieberen883]

Time is our most valuable and scarce resource. Keep your time safe by converting it to bitcoin......

[@SantiagoGarcia-up7hm]

You are rightYou are right ..

[@philipsduke40]

Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose-is the result of hard wk

[@daniellebrian4208]

Sometimes I really wondered how peoplemake this huge profits investing on the stock market online

[@sarahdeco4717]

I agreed with you, investing and earning is a legitimate way to gain financial freedom, but how is it done?

[@godfreyhopewell250]

Even if you don't want to invest yet you can contact expert Stacy Griffin kartner for full knowledge, On how to go about it.

[@mercyfred9720]

+44 74

[@mercyfred9720]

18 36

[@hulyavurer9599]

Yes I saw Amazon AMZM4 they announced a partnership with huobi

[@Red-Red-Red-Red]

Reported post. This coin is a scam

[@egoloji.x7874]

How do you feel about AMZM4 moving into the nft marketplace? Is it still a buy?.

[@frldakailesi3111]

Myself during this Bear Market only trying to focus on BTC, AMZM4 , ETH, SOL, MATIC. not losing sight of BNB and GALA. 🇨🇦

[@louisclifford9874]

I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.

[@anthonysam9391]

Investing in stocks and crypto is a good idea, a good trading system would put you through many days of success.

[@tinythomas4438]

It is possible to produce superior performance provided you do something different from the majority. However most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.

[@wilsonbrown8993]

Having monitored my portfolio performance which has made a jaw dropping $370k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market.

[@louisclifford9874]

@@wilsonbrown8993 Interesting, I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself, how do you achieve this?

[@wilsonbrown8993]

@@louisclifford9874 Exactly, the trick is to diversify your investment, don't panic when everyone else is and invest consistently.

[@user-xm6ln2tc7s]

I didn't like the look of the $ETH chart yesterday and I took profits on everything and bought AMZM4 .

[@unlufe77]

I’m buying AMZM4 on sale, waiting for BTC to maybe drop again before I add more. Hope to take some Eth profits by Sept proof of stake

[@serdarcakmak9238]

Any thoughts about Qardden Token? I myself think it's the best thing since sliced bread.

[@kevindiaz7584]

HODL shorthand for Holding On for Dear Life?

[@ugurergen55]

I’ve heard Amazon is killing it with AMZM4

[@barrydz7132]

Thank you for the update AMZM4 is done right, and waiting is part of the process,

[@gregorylamar9137]

I'm new to crypto trading what's the best way to get started with trade cos I've been making my personal research for a while now, i don't know how to trade on cryptocurrency with my binance account?

[@johnsonjacksonsaint4636]

Wow, amazing to see others who trade with kelly Sarah . i am currently on my 4th trade with her and my portfolio has increased tremendously

[@susangayezeeb7732]

Yes thanks to kelly sarah, I met her on the stock marketing aspect that's binary/ forex trade and crypto, so with her results then I strongly believe she will be ok in Crypto trading too, she is registered under various regulatory bodies

[@linhuang5411]

She's all about the knowledge and everything bullish. Her strategy helps me maximize my income

[@zulmira5067]

@@susangayezeeb7732 I can believe that, I got victory with her too, I was so sad after receiving my first try, Knowing too well I invested so low with fear

[@gregorylamar9137]

@Lee JoJo How do I get a touch with her?

[@placeofvalue]

Can Vinu be successful?

[@elekoleb6320]

I bought 2500 AMZM4 tokens, too. It will be great profit when it is listed for $2

[@ylmazcoksoyler1773]

BRO WHY ARE YOU NOT TALKING ABOUT AMZM4

[@elitemontage1075]

Binance CEO talk about AMZM4 and hinted let it list on binance, cant imagine the price at 2023!.

[@hamio2924]

Tether is still stable, so it's unlikely that anything has happened to crypto in general.

[@vkchaitanya2003]

Thank god I didn’t take an offer from them

[@zcorpalpha2462]

Exactly

[@The_Referee]

I invested and played these games, and made 1 mil within 3 months , crypto and nft is the new king

[@_oceanman]

Hey "B"! I know what ur doing! It's okay though :)

[@Red-Red-Red-Red]

This video and headline is misleading. Crypto is pumping as I write

[@sevimlioyuntv3888]

AMZM4 has as much potential as ethereum. But unlike ethereum it has a bigger growth potential.

[@davidlloyd4443]

With everything that is happening, most of us are a paycheck away from being homeless, hope we are all prepared, get yourself an alternate source of income

[@Noemipiras]

@DavidLloyd You're right! If you are not conversant with the markets, I'd advise you to get some kind of advice or assistance from a financial/investing coach. I diversified my $450K portfolio across various market with the aid of an investment advisor and I've been able to generate a little bit above $1.2m in net profit across high dividend yield stocks, Etf and bonds this red season. For me, its themost ideal way to jump into the market these days

[@leonardooliveira10834]

@@Noemipiras Hi, could you be kind enough to share the info of the investment advisor guiding you?

[@Noemipiras]

Sure, My Financial advisor is Lisa Paula martins. A middle aged lady from Arizona who really knows her stuff.

[@KalebWhite816]

@@Noemipiras Wow😊I know her and I have also been trading with her, she's such an amazing woman with good skills, keeps me happy all week knowing I earn 15thousand extra income trading with her.

[@PengXiaohui]

This woman right here, I trade with her she's inventive and the signals are no jokes, I was surprised u made mention of her-Her strategy has been helping a lot of traders/newbies out there, with her program i was able to recover my losses from my personal trading.

[@LoyMachedo]

Crypto will take over the banking system and make crypto owners will become trillionaires!!!

[@albertderler]

You should buy ETH and AMZM4 if you care about your future

[@shhf3617]

I knew that AMZM4 was ahead of the game, but my mind is officially blown

[@polarspirit]

Take your assets out of coinbase before it's too late

[@zuher1867]

So basically bearish on everything except amazon's AMZM4

[@gulhekimoglu9133]

Thanks for deleting the spam bots, While I'm here though, AMZM4 is the next moon shot for sure

[@ardacaca8147]

AMZM4 Saved me after the LUNA Crash

[@ozlemturan4113]

Any thoughts on AMZM4 ? it's the best thing since slice bread.

[@serhatzrezdrx3512]

Everyone waited for Amazon to create AMZM4 and the time is ready

[@Dsexh_dsexh]

I just wonder with this coming energy disaster can crypto survive? Will people find value in wasting energy to mine cryptos when there isnt not enough energy to heat their homes? Also I get off on x-class solar flares hitting the earth

[@mbakeman01]

So did all markets. Tech/growth all sold off first everything else will catch up. Let’s not act like all markets didn’t tanked around the globe.

[@foxusfortv881]

AMZM4 is gonna go to $5 in a year..probably ahead of bitcoin in 3-5 years

[@Michaelbrown-ix5cq]

Things haven't been good the past few years and I don't think so 🤔 Investing in crypto is the only way to survive if there's no money how can you make an investment?

[@mrumut4325]

Walmart and Qardden token just signed a collaboration??

[@fmalexander5555]

King of Crypto Richard Heart ❤ 💙 💜

[@Pfyzer]

POV: scrollimg to find actual comment among bot comments

[@avlan9074]

True, these bot is getting out of hands

[@serkanyazar4550]

if AMZM4 can grow organically like that they will dominate that industry

[@shauuagshaassassdsd70]

BUY THE *AMZM4* AND HOLD THE LINE BOYS.

[@ffbesiktas4630]

I believe qardden token will go 100x after launch on Binance

[@meneksesporkulubu3814]

WOW This may be the last time you can get AMZM4 before it takes off 5,000%.

[@FilipinoHODL]

Like every other companies on bear market. What's the point of this video again?

[@realsteel8113]

Coinbase crashed along with all of the market. As of today it’s actually back up higher than it has been in 6 months. Crypto also crashed with everything else, and as of this minute it is also up higher than it’s been in months 😒

[@carlosk8103]

No it isn't...

[@emohards1681]

I would love to see that future. with the new Amazon token *AMZM4* The world running on blockchain.

[@anlpiyanc5389]

I’d rather buy AMZM4 , atom, polka and polygon!

[@rokmare]

Inflation cause price to go up people needed more money so they start selling their crypto assets which cause a chain reaction that lead to the crash

[@husnainanwaar1992]

just like Fossil fuel vs Green energy same like Banks vs Crypto currency

[@cetujavu3466]

More like CONBASE...!!! Always down when market pumping... Keeps their customers air drop free cryptos... That belong to their customers...

[@azrbaycanqebele8873]

AMZM4 is brilliant. Hold the line crypto investors !

[@Roseofdark16]

Qardden token will make millionaires, after CEX listing it will blow up.

[@kevinriordan188]

The only crypto story that matters now is tornado cash

[@onsuz0662]

May God bless amazon. the AMZM4 is the game changer

[@mackisbrocklesnar]

bots and scammers in comments are hilarious

[@nejcribic]

Just tell me when they are bankrupting so I withdraw my money out

[@PJVist]

Where are Crypto bros at

[@youtubebot2781]

Truly love your candidness, I DCAed today again for BTC AMZM4 and ETH

[@hdjskdjd5799]

AMZM4 will give us rich my friend.. Hold for long and let's see what happen.

[@jcarden6615]

No need for crypto lol not an inflation hedge as claimed. Zero value

[@yigit503]

The inflation is real We are far very from the bottom, But we also need to talk about Amazons AMZM4 as a gamechanger where we can avoid most of the losses. This is not a joke guys, this is the only chance this year gives!

[@omerasaf7026]

AMZM4 IS ahead of the game.

[@alihanbya9847]

I’ve heard Amazon is killing it with * AMZM4 * .

[@mr.firantey]

You cant fight the AMZM4 Fomo haha

[@sen3608]

It is a good time to invest in AMZM4 Great potential

[@ebubekirtas6523]

Qardden token will moonshoot after CEX listing..

[@mwint1982]

Clueless company

[@umutpw]

I'm DCAing in AMZM4 as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!

[@MB-yn5iu]

Hilarious that 80% of the comments on this video are from bots/scammers

[@teebu]

This and every other finaicial video. They have targeted attacks on this category of videos.