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15213552 No.15213552 [Reply] [Original]

Does coinbase listings actually pump alts enough so they moon? I know people always say this but is there enough evidence? What is the average roi once an alt is listed on coinbase?

>> No.15213561

It used to. Xrp went up to $3 on a Coinbase rumor. Wasn’t true, so it dumped. Then when it actually got listed, it didn’t do anything.

>> No.15213571

In 2017 not so much these days. Not enough fomo normies.

>> No.15213579

Yes it pumps it because coinbase is a massive market of blue collar investors who don't know much about crypto, but have enough money to spend gambling. This and also coinbase has made it the easiest to buy a crypto asset all it takes is a bank wire and your fiat is ready for spending in 5 minutes

It's called the coinbase effect and it does work, but unfortunately I can't give you an estimate as to how well a particular asset does once it gets listed. Basically buy the rumor, sell the news. So buy now, sell shortly after official listing. Enough spoon feeding?

>> No.15213580

>>15213561
sickens me ill never awake to ..."XXX coin has reach a new ATH!"
when moon?

>> No.15213582

>>15213571
This

If it were still the case fuck BAT would be a top 5 since it’s such normie bait.

>> No.15213621

How about you go through the Coinbase listings and come and tell us your findings, you lazy faggot