Content
@
https://warpcast.com/~/channel/coinbase
0 reply
0 recast
0 reaction
Dee🎩
@donnaa.eth
Can anyone tell me your theory of why Cathie Wood’s ARKK sold $68M of Coinbase (COIN) shares recently? Was it just to take profits amidst the new all time high of BTC and ETH?
3 replies
0 recast
1 reaction
Shai Hulud
@shaihulud-
Rebalancing and profit taking imo
1 reply
0 recast
1 reaction
Max
@max-melmed
Portfolio management. Every time COIN, TSLA, or one of the holdings spikes they sell to rebalance and avoid concentration risk. Kind of wish I dug in prior to buying ARKK as I viewed it as an easy way to get exposure but would have been better off buying the individual stocks I wanted to own for the long run.
1 reply
0 recast
1 reaction
Investment Explorer
@investments
I think COIN was becoming too large of a position in her portfolio, so more about position sizing
1 reply
0 recast
1 reaction
