$PYPL is a stock that I have been following for a very long time, but I still haven't decided to buy, even though it seems like a good investment in the current situation. Moreover, it is retracking its lows again. We haven't had a discussion about this company here for a long time, how do you see it? Is it a buy at the moment?
A community member's personal view, not investment advice. Community Guidelines
YE
I don't have that much experience with this service, but I was under the impression that their direct competitor is not V, MA or AAPL where you need a bank account to make payments. SQ and PYPL allow you to make payments without a credit card and account.
BG
You're probably right about that, but I'd say in the future, these companies are going to let him down in exactly what he does.
MD
I've stirred up discussions about him a few times, most recently with his stablecoin plan. Unfortunately, even though I'm invested in it and hoping for growth, I'm rather afraid that I mentioned it a while ago when I went into it and I have to agree with the opinions already expressed here. It has a lot of competition, personally I also never pay with it, I use Apple pay and basically don't find much of any extra steps to any stunt going on. But yes, that stablecoin thing, that's very tricky, it could be a hit because there are a lot of places that pay with crypto, but it's also very, very risky and could bring them to their knees ... so I would hold off here and just watch it. Unfortunately, I'm somewhere around $25 minus overall here and to get a return on my investment I'd need to grow somewhere around $70.
BG
I feel that way too, I agree completely and thanks for the opinion.
