Market Review and Trends
(Post 197/Yr 6) ARK Investment Management Daily Trades 6/1/2022[Buying Coinbase?! ]
By Sonicericsg  •  June 2, 2022
Short summary of Ark trades for 6/1/2022 Ark continue to purchased Coinbase for the second day in a row. Interestingly, Coinbase's latest net income for the first quarter of 2022 is negative, despite increasing positive net income in the previous quarters up to the first quarter of 2022. Perhaps,  it's because of the cryptocurrency crash? Also, because of its connection to cryptocurrencies, there is a divided consensus among Ark Invest redditors on whether Coinbase is a solid investment or not....
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By Sonicericsg
Hi everyone, I'm soniceric, my real name is of course not soniceric, it's just Ericsson :) The reason I name this blog as soniceric is a word play on the brand of "sony Ericsson" hence soniceric(geddit?) I am currently a 22 years old nsf who is about to ord soon and receiving a paltry ns allowance of $800 per month. To date, I have managed to save more than 10k and have already use the money for various purpose(emergency fund, peer to peer lending,posb invest saving and stocks, trading etc).
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