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Forget Coinbase (COIN): This Canadian Bitcoin Stock Is Better


Cryptocurrency exchange
Coinbase Global(NASDAQ:COIN) completed its hotly anticipated direct listing last week. The company’s valuation has surged over the past year alongside the growing enthusiasm for Bitcoin and the cryptocurrency space. However, I believe the stock is overvalued and the company is vulnerable to disruption. 
Canadian investors have much better alternatives in this space. Here’s an overview of why Coinbase isn’t your best choice for exposure to Bitcoin. 
Bitcoin exchange
Coinbase is an exchange and wallet service for the crypto industry. Essentially, it allows individuals to buy, sell, and hold their cryptocurrency on its platform. It also has a premium service that allows institutional investors to do the same.  ....

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Is Bitcoin in a Bubble? Now You Can Bet Against it


Is Bitcoin in a Bubble? Now You Can Bet Against it
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Over the past week, Bitcoin’s value has dropped 12% from $79,000 to roughly $70,000 today. Plenty of Bitcoin holders are worried, while the skeptics seem vindicated. Some believe the “Bitcoin bubble” is finally about to pop. 
Personally, I’m a Bitcoin bull. I’ve been holding it since late 2018. However, I’ve seen previous boom/bust cycles play out. On its path to global mainstream adoption, Bitcoin is likely to suffer significant drawdowns along the way. In 2021, investors may have to brace for yet another 2018-style correction in the crypto world.  ....

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