Latest / Earn Your Leisure / Ranking the Top Crypto Stocks: Coinbase vs. IBIT vs. MicroStrategy
Transcript
- 0:00Speaker 1: Let's talk about crypto currency.
- 0:04Speaker 2: Not as do put slow cook equals.
- 0:09Speaker 3: You're doing too much, my boy, But I appreciate you
- 0:10Speaker 3: think that's the best crazy.
- 0:13Speaker 1: The best crypto related stocks. Right, if you had to
- 0:17Speaker 1: rank it from coin Base micro strategy an ibit right
- 0:24Speaker 1: strongest to weakest, and you know it's these are all
- 0:30Speaker 1: crypto related, but they're kind of unrelated in a sense
- 0:33Speaker 1: where obviously ibit is made to track the price of
- 0:37Speaker 1: bitcoin ETF micro strategy is like a big coin on steroids. Yeah, yeah,
- 0:46Speaker 1: bitcoin adjacent to have over stretched gains or losses that
- 0:54Speaker 1: mimic the size of bigcoin because it's a big cooin
- 0:56Speaker 1: treasury at this point, it's a big cooin holding company.
- 1:00Speaker 1: And then Coinbase obviously is a platform that you buy
- 1:03Speaker 1: cryptocurrency on. So they're all they're all part of the ecosystem,
- 1:08Speaker 1: but they're also all publicly traded UH investments that you
- 1:12Speaker 1: can that you can buy on the stock market if
- 1:16Speaker 1: IF or in a company to cryptocurrency holdings. So talk
- 1:22Speaker 1: about each one of those and talk about the rankings
- 1:26Speaker 1: from each one.
- 1:28Speaker 3: If all things were fair, my list would be in
- 1:31Speaker 3: a different order. But when you're doing a swat analysis,
- 1:36Speaker 3: the threat is until Michael Saylor it's clear of the
- 1:41Speaker 3: attack that he's under, I have to put them last. Ordinarily,
- 1:46Speaker 3: in a normal market, if he's not being attacked, I
- 1:48Speaker 3: probably would put him first, So Michael Strategy would be last.
- 1:52Speaker 3: My bid is through I shares. I like I shares
- 1:57Speaker 3: shot to y'all. But they're not Vanguard, they're not black Rock,
- 1:59Speaker 3: they're not in Vesco, so they would be second, and
- 2:06Speaker 3: then Coinbase because will be first because the CEO is great,
- 2:14Speaker 3: But I'm looking at risk. I don't think the risk
- 2:17Speaker 3: is as great there. Coinbase has had a very interesting year,
- 2:21Speaker 3: to say the least. Last year they hit that high
- 2:27Speaker 3: of oh last quarter excuse me for forty four. They're
- 2:30Speaker 3: currently are two fifty forty two. I think all the
- 2:33Speaker 3: entire sector is going to have a little bit of
- 2:35Speaker 3: an issue. But when I look at the risk, the
- 2:38Speaker 3: risk tolerance is too high for micro Strategy. If they
- 2:41Speaker 3: didn't have that threat on the table, micro Strategy will
- 2:44Speaker 3: be first, but Coinbase I bit second, in micro Strategy
- 2:50Speaker 3: third for the time being until that threat is going away.
- 2:53Speaker 2: As my lineup, I agree with one, I disagree with two.
- 2:57Speaker 1: Well, let me just say something. I think that I
- 2:58Speaker 1: bit should be number one respectfully of course back by
- 3:04Speaker 1: black Rock, the largest asset manager in the history of
- 3:07Speaker 1: human civilization. So the strongest they got, the strongest backing possible.
- 3:13Speaker 1: And if you really believe in bitcoin, I think you
- 3:17Speaker 1: gotta invest in bitcoin. I like coin Base, but coin
- 3:21Speaker 1: Base is a platform, and like any platform platform, yeah,
- 3:26Speaker 1: it's the broken's platform and it has it can go
- 3:29Speaker 1: up and down. It has more variables involved, where the
- 3:33Speaker 1: iebid is just a one for one. As Bitcoin goes up,
- 3:37Speaker 1: ibig goes up as Bitcoin goes down. Theoretically Bitcoin can
- 3:43Speaker 1: go up and coin Base can go down. Right, they
- 3:45Speaker 1: miss their numbers, they have some bad quarters whatever like that.
- 3:49Speaker 1: There they are related to bitcoin, but Bitcoin can have
- 3:52Speaker 1: a blowout yet and theoretically it doesn't necessarily correlate with
- 3:56Speaker 1: the same as.
- 4:00Speaker 3: Are we talking, Chris, cryptocurrency in general or bitcoin exposure ownly?
- 4:05Speaker 3: Because I thought we would lead it with cryptocurrency.
- 4:08Speaker 1: Exposure, Well, well, what's the best crypto stock? But bitcoin
- 4:13Speaker 1: is Bitcoin is the is band aid I was. I
- 4:16Speaker 1: don't really believe in any crypto outside of Bitcoin, to
- 4:18Speaker 1: be completely honest with you about it, etherory ethereum for sure,
- 4:22Speaker 1: x R P. I've shared my thoughts on x RP
- 4:24Speaker 1: for a very long period of time. Solana still still
- 4:28Speaker 1: have to be proven. So I don't. I don't. I wouldn't.
- 4:31Speaker 1: I would not put my life on the line for
- 4:33Speaker 1: any cryptocurrency in the world other things.
- 4:38Speaker 3: Does that change?
- 4:39Speaker 4: Uh? Okay, I got you, No, aead, I'm gonna agree
- 4:49Speaker 4: with him. I'm going with Shotty on this one. I
- 4:51Speaker 4: think we're seeing this the same way. Uh.
- 4:53Speaker 2: And that's why I said I agree with one of them,
- 4:56Speaker 2: which is I believe that Michael Strategy would be thirdy
- 4:59Speaker 2: in this. Yeah, for some of the reasons that he
- 5:01Speaker 2: just alluded to. When you're talking about IBID, you're talking
- 5:05Speaker 2: about and a lot of people think, I find investing
- 5:08Speaker 2: ibid I invest in in bitcoin.
- 5:11Speaker 4: Not really right.
- 5:12Speaker 2: You're investing in a fund and a trust that owns bitcoin,
- 5:15Speaker 2: and so that's direct access to it. But like, there's
- 5:18Speaker 2: no balance sheets on this right, This isn't There's not
- 5:20Speaker 2: as many leverages that you got hurdles you got to
- 5:24Speaker 2: get over. When you're talking about Coinbase, you're talking about,
- 5:26Speaker 2: like you said, a brokerage. But they don't make their
- 5:30Speaker 2: money from just housing those things. They make their money
- 5:32Speaker 2: from the transaction fees and subscription fees, and that can
- 5:36Speaker 2: be something that is cyclical and we've seen that as
- 5:39Speaker 2: we've seen it during the pandemic rise and we've seen
- 5:42Speaker 2: it pull back to where it's at today. So that's
- 5:44Speaker 2: why I would have them number two. IBID would be
- 5:46Speaker 2: number one, and then micro strategy for all the reasons
- 5:48Speaker 2: that we've talked about for the past month or so
- 5:50Speaker 2: would be third in this. So I'm going IBIT. I
- 5:53Speaker 2: don't think you're doing the same IBID coinbase MicroStrategy