Genuinely curious

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So I’ve been wondering. How companies like coinbase that buys and sell bitcoin in large volumes, deal with volatility. For example, they buy a ton of bitcoin from users when bitcoin is worth $10,000. And then suddenly bitcoin drops to maybe $3,000. Do they simply just try to make profit in other ways to balance it out? Sorry if this is a stupid question. I’m fairly new to bitcoin.

submitted by /u/hardson12
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Crypto Coins News – Ratings – Reviews

1 News 247 News 247 Bitcoin 1 Search

BTCBCHETHLITEXRP

Buy Sell Trade Crypto Here


 


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