Kenyaforlife
Post packages.
  • Home
  • Phone
  • news
  • online-services
  • gaming
  • Car
No Result
View All Result
  • Login
Kenyaforlife
No Result
View All Result
Kenyaforlife
Home cryptocurrency

Coinbase CEO warning to Crypto Newcomers.

Lucky Ochola by Lucky Ochola
December 17, 2020
in cryptocurrency
274 18
0
Coinbase CEO warning to Crypto Newcomers.
Share on FacebookShare on Twitter

Coinbase CEO Brian Armstrong provided words of warning to new cryptocurrency buyers amid bitcoin’s latest climb to fresh all-time highs.

In a blog post on Wednesday, the CEO of the leading cryptocurrency exchange said he and his company take a “long-term view of the market” while emphasizing that cryptocurrency investing was “not without risk.”

“While we’re always excited to see increased interest in crypto, it’s also important to point out that this is not only a time of high volumes but also price volatility,” Armstrong wrote. “The market can move in either direction much faster than equity markets.”

Armstrong also cautioned investors who might be focusing on short-term speculation and encouraged his customers to “seek out resources” and consult financial experts in order to obtain a better understanding.

The CEO also alluded to Coinbase’s multiple outages this year as the exchange has struggled to keep up with a flood of traders looking to capitalize on bitcoin’s high volatility.

“Although we may occasionally fall short, we will always do our best to address our shortcomings and transparently communicate any information that our customers need to confidently manage their accounts and make informed trading decisions,” Armstrong wrote.

Previous Post

Bitcoin hits $23,000 as it continues soaring.

Next Post

Sony is pulling Cyberpunk 2077 from the PlayStation Store.

Lucky Ochola

Lucky Ochola

Next Post
Sony is pulling Cyberpunk 2077 from the PlayStation Store.

Sony is pulling Cyberpunk 2077 from the PlayStation Store.

Apple wants to build its first car in 2024.

Apple wants to build its first car in 2024.

Elon Musk says Apple refused a meeting to acquire Tesla.

Elon Musk says Apple refused a meeting to acquire Tesla.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

  • apple event

    Apple confirms #Appleevent what should you expect?

    571 shares
    Share 228 Tweet 143
  • Infinix Zero 8 Launches in Kenya: Buy one today.

    566 shares
    Share 226 Tweet 142
  • Apple unveils new iPad Air in the #appleevent

    566 shares
    Share 226 Tweet 142
  • Namecheap hosting review 2020: The perfect starter pack for beginners.

    563 shares
    Share 224 Tweet 140
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2020 Neushub Digital Media LLC All right reserved

No Result
View All Result
  • Login
  • Cart
  • Home
  • Phone
  • news
  • online-services
  • gaming
  • Car

© 2020 Neushub Digital Media LLC All right reserved

Welcome Back!

Sign In with Facebook
Sign In with Google
OR

Login to your account below

Forgotten Password?

Create New Account!

Sign Up with Facebook
Sign Up with Google
OR

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?