🔥 Coinbase Share Buy Guide | Paypal, Credit Card & SEPA
Anyone who speculates about investing money in the company Coinbase, buying shares, so to speak, should take a look at the company in advance, as well as at the history and other projects such as goals. Because only if you have been able to get an overview will you be able to clarify for yourself whether it is advisable to invest money or not.
The creation of the company and the IPO
The Company Coinbase was founded in 2012. The founding itself was carried out as part of a competition by the Y Combinator start-up center - Y Cominbator also supported the companies Airbnb and reddit, among others. The establishment itself was carried out by Fred Ehrsam and Bryan Armstrong.
The first round of financing brought in 5 million US dollars from the US venture capitalist Fred Wilson - in the second financing round the sum rose to 25 million US dollars. This amount was raised by Andressen Horowitz, a venture capital firm.
In 2015, Coinbase was able to close the largest financing round that a crypto company has ever managed. 75 million US dollars were invested - the majority came from the New York Stock Exchange and Draper Fisher Jurvetson. In the same year, Coinbase received approval from the US authorities and was thus able to offer the services in more than 50 percent of all US states. At that time, more than 2 million eWallets, i.e. digital wallets, were managed.
In the summer of 2017, Coinbase was valued at 1,6 billion US dollars. Thus, Coinbase was also the first company that in the crypto industry was at home and could jump the 1 billion US dollar mark.
In the summer of 2018, Coinbase founded a subsidiary in Japan. In 2019, Coinbase acquired a stake in Bitski. This is a platform on which you can then digital content could manage.
The success story continued with the IPO. At the beginning, it was issued at a reference price of 250 US dollars - when the first note was made, however, the price was already 381 US dollars, which is around 50 percent higher. The price of the security rose on the same day to 429,50 US dollars - the first day ultimately ended with an increase of 31 percent (328,28 US dollars).
Investing in Coinbase: through which broker?
Who visites wants to invest in stocks, he not only has to know what plans the company is pursuing and what the forecasts are, but should also deal with the question of which broker should be used to invest. It is important that you find a reputable broker who not only makes a fair offer, but also scores with attractive fees. And at this point, eToro comes into focus.
eToro is an online broker that can be recommended. The provider convinces with a good offer, very fair fees and the fact that he is serious - there are also no tips or test reports such as experience reports that act on the contrary.
Has the decision been made and you want the service of eToro then the registration must be started in advance. Even as a beginner you don't have to worry here - you just have to follow the self-explanatory steps and fill in the empty fields. eToro only requires a few personal details as well as a valid email address and password. It should be noted that the combination of uppercase and lowercase letters, special characters and digits ensures a high level of security.
After the registration has been completed, you can then take advantage of the offer. But before you invest in Coinbase, you have to capitalize the account.
The first deposit
Before making the first deposit, you can still try out the demo account. eToro provides a free demo account that can be used at any time. All those who are unsure whether they are ready for the market or want to try out certain strategies can become active here using the demo account.
If you are ready, so to speak convinced, to be able to make a profit in the course of real money trading, you can make the first deposit. Due to the fact that there are different deposit methods, one can assume that there is no compromise to be made. The preferred payment method will probably be accepted.
It should be emphasized that eToro PayPal accepted. This is not a matter of course and ultimately guarantees the immediate transfer of the money or the provision to the eToro account. So if you use PayPal, you can invest in Coinbase within a few minutes.
Buy Coinbase stocks
If the money has been credited to the account, so it is available on the eToro account, then you can start to create a so-called stock portfolio.
If you then want to buy Coinbase shares, you enter “Coinbase” in the search or search directly via ISIN number: US19260Q0176. A window now appears in which the number of shares as well as the price can be specified which should then be invested.
Either you indicate how many shares you want to buy or you indicate how high the price to be invested should be. Then eToro calculates how many shares you get or how high the amount to be invested should be. If you confirm, the shares will be transferred directly to the securities account.
The share price
The share was first issued in April 2021. At that time, the price was US $ 250. Within a very short time the share price rose to 429,54 US dollars - within the first week the price was then in the range of 330 US dollars. Thus a clear plus compared to the issue price. However, a correction of 21,6 percent followed within the next four weeks. In May 2021, the price was around $ 259. Today - as of September 2021 - the price of the Coinbase share is 267 US dollars.
Anyone who wants to invest in the stock corporation should not only deal with the price, but also with the key figures. In 2019, the company achieved sales per share of around US $ 2,6. In 2020 it was already 6,41 US dollars / share. Revenue in 2019 was $ 533,74 million - enabling the company to double its revenue within one year. Because in 2020 sales were 1,27 million US dollars.
There was also an improvement in earnings per share. While in 2019 the figure was -0,15 US dollars per share, earnings in 2020 were already 0,54 US dollars per share.
At the end of the day, the question arises as to which course target should be achieved in the near future or in the foreseeable future. Here the equity analysts are certain that the price will rise - but where is it going? If you follow the current calculations, the price will be able to go in the direction of 420 US dollars. This is a medium price target. In the long term, it may well be possible to jump over the US $ 600 mark. Also depends on how the Kryptomarkt will subsequently develop.
Is it worth investing in Coinbase?
The US company, which has been on the stock exchange for some time, may be the ultimate trading platform for digital money. Coinbase not only provides cryptocurrencies, but also operates them in the end. So you can exchange numerous currencies for US dollars or euros via Coinbase; the service is used by around 43 million private individuals. Ascending trend. In addition, it should not be forgotten that there are another 7000 institutions.
Digital currencies are playing an increasingly important role in the financial markets. Even if the share price of the stock corporation goes down or there is a correction on the crypto market, the potential - and this is also confirmed by the analysts - should not be underestimated. It is important that you deal with the future development and not just look at the next hours, days or weeks. That is, what will the crypto market look like in five years? Will Coinbase share price increase over the next three years? Where is the journey going with Bitcoin, the mother of all digital currencies?
Due to the fact that it is primarily a question of speculating about future developments, it may be interesting to invest today. Many analysts are convinced that there will only be one direction in the coming months and years - and that is upwards.