Coinbase Account Update

Investment Start Date: April 2018

Total Deposits: 20,00€ (May 2019)

Asset Value: 40,75€ (August 2019)

 

Coinbase Platform Analysis

Last Update (03.06.2019)

Coinbase allows investments in cryptocurrencies. Is a digital currency exchange that operates globally. They broke exchanges of Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin with fiat currencies in approximately 32 countries.

I have some issues performing bank transfers to my Coinbase due to restrictions on my country.

Observation: This is my completely speculative investment. After the crazy period of December 2017 and Q1 2018 that catapult crypto coins to crazy values, now more than 80% of that value disappeared. I’m curious about what this reality means to the ecosystem and how the industry will adjust to this new reality. I look at this as worst that high risk. I used Coinbase to invest 20€ and lost more than 3/4 of that value… in the near future, I will buy some more and forget that money. I like the Coinbase platform and how easy it is to purchase and follow the evolution of the asset over time, but hate the fact that you pay for each transaction. 🙂 I don’t know what the future reserves for Crypto, but I’m curious to know the results of this decision.

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My Coinbase Account Overview

Coinbase Asset Value Graph

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