---
title: "$GraniteShares 2x Long COIN Daily ETF(CONL.US)1. I made a small profit from the 2x long position on "
description: "$GraniteShares 2x Long COIN Daily ETF(CONL.US)1. I made a small profit from the 2x long position on Coinbase (COIN) before exiting. Overall, I genuinely don't understand cryptocurrencies well enough—m"
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/21139768.md"
published_at: "2024-05-16T14:47:18.000Z"
author: "[纳指嘉措](https://longbridge.com/en/profiles/12105449)"
---

# $GraniteShares 2x Long COIN Daily ETF(CONL.US)1. I made a small profit from the 2x long position on 

$GraniteShares 2x Long COIN Daily ETF(CONL.US)1\. I made a small profit from the 2x long position on Coinbase (COIN) before exiting. Overall, I genuinely don't understand cryptocurrencies well enough—my knowledge is too shallow. That's why I can only invest in crypto trading platforms like Coinbase, which are relatively stable businesses.

2\. From a technical analysis perspective, the right time to re-enter hasn't arrived yet. If the moving averages haven't even broken through, don't even think about jumping in—2x leverage will bury you without blinking.

3\. Once the technical indicators confirm a trend, it's better to buy this leveraged ETF directly. Keep watching and wait patiently!

### Related Stocks

- [COIN.US - Coinbase](https://longbridge.com/en/quote/COIN.US.md)
- [CONL.US - GraniteShares 2x Long COIN Daily ETF](https://longbridge.com/en/quote/CONL.US.md)

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.