Coinbase is adding an index fund. What do you guys think of they idea?

So, essentially, you will be able to invest in the "index fund" which coinbase will then move your money between its assets based on performance.

So you're paying for coinbase to control your investment, instead of controlling it yourself.

Seems like a terrible, no good, very bad idea. You are basically giving them the keys to the cryptoverse vehicle. They will be able to choose where to invest your money, without you having any input. What if they have a special partnership with Roger Ver and want to pump BCASH.

Quote : "The investors don't want to pick winners or losers, they want someone else to do that for them"

OKAY BUDDY.

Please don't support this, you guys. Buy the assets that you've done research on, and you know are valuable.

/r/CryptoCurrency Thread