Interesting pattern: https://cryptonews.com/news/coinbas...clines-7-following-all-time-high-of-69000.htm I wonder what can cause the outage. Too many people trying to cash out, so Coinbase would realize a huge loss? Not rigged at all.
I've yet to read a story about Coinbase founder Brian Armstrong. The man is worth over 11 billion now and made his money 20 times faster than most of the old dinosaur investors. This man turned a $150,000 investment into 11 billion. Even those who don't like Bitcoin can appreciate that.
"according to Forbes, as of May 2022, Armstrong has a net worth of $2.4 billion" To read and to watch: He was featured in the 2020 nonfiction book Kings of Crypto: One Startup's Quest to Take Cryptocurrency Out of Silicon Valley and Onto Wall Street. Armstrong and Coinbase were the subject of the documentary COIN: A Founder's Story,
Going over my positions tonight, strongly going to set up trades to close out some of my short-puts. Not that I lost trust in Coinbase, but since this crazy rise, I'm looking at percentages of only 0.5% time-value left to bleed out. Little point to keep the risk on for further gains.