GOOGLE CHOOSES COINBASE FOR ITS CUSTOMERS!
Hope you had a good time yesterday if you had the day off! Today we’re back to crypto news…
I don’t know if you heard the news about what Google and Coinbase are doing but hey - that’s why #CryptoDevo is here! We may not have all the news, but for sure we will have some news lol!
Google is about to use crypto giant Coinbase so that their customers can pay for cloud services with cryptocurrency starting early next year! The news (maybe temporarily) caused Coinbase shares to rise in today’s trading session (even though their stock is still down by 70% this year according to cnbc dot com.)
As of now, it doesn’t seem to be that Google’s cloud computing competitors (Yahoo, META, Microsoft, Amazon) are allowing their clients to pay with cryptocurrency, so this move by Google could quite possibly lure other companies to Google’s platform. If other companies are kinda slow to catch on and Google is willing to take the cryptocurrency dive, then dive Google, dive! Let’s see what the stock market will do with the stocks of these 2 companies.
You may remember that in 2015 Google rebranded itself as Alphabet Inc. Even though their stock didn’t hit the sky when that happened, it didn’t really affect their bottom line either. Just a month ago (9/9/2022) Google’s stock was at $111.77 but today it’s at $98.05, but don’t let that deter you. The stock market has been like a swinging pendulum over the last couple of months and most likely will continue to swing even harder, given the recent rise in interest rates by the Federal Reserve Bank.
If you have GOOG stock just pray about what you should do with it, and remember that you don’t really lose anything until you sell your stock!😳 GOOG could be a long-term hold, even though it seems to be struggling to keep its head above water (but these are the current market conditions for most stocks, so this is no surprise.)
(PLEASE NOTE: I am not a licensed Stockbroker or Financial Advisor, and this is not financial advice. Cryptocurrency and stock options trading usually involve substantial risk of loss; all trading strategies are used at your own risk.)
But what does this all boil down to? Pray, pray, and pray some more! 🙏🏿Then DO whatever the Holy Spirit is leading you to do! (And don’t forget to meditate on the Word of God, observe to do what it says, because then YOU WILL MAKE YOUR WAY PROSPEROUS AND THEN YOU WILL DEAL WISELY AND HAVE GOOD SUCCESS! (Joshua 1:8 AMPC)
Copyright ©2022 Sherma Jacqueline Felix, BLACK ADVANTAGE Publishing™. The author shall neither be liable nor responsible for any loss or damage allegedly arising from any information or suggestions in this post.