Banxa Holdings Inc V.BNXA

Cryptos

[arh0070]

That's a good question to which there is no easy answer .First these markets are extremely volatile.So its easy to make or loose money in an hour.When things were really blowing and going before the big correction ,I took a nap and after I woke up my Crypto account was up 20K !!!.One can easily loose just as much just as quickly and I have .
My stepson is a very gifted computer programmer for Amazon ,he told me about Cryptos about 15-18 months ago and suggested I buy some ETHE ,I was the only person to listen to him ,Ethe was then around 200$ a unit.Subsequently I have done a lot of reading and research primarily by listening to you tube videos.It doesn't take long to figure out who is talking B/S and who knows what they are talking about .For some reason that I dont understand ,technical analysis seems to work fairly well for Cryptos .So most of my opinion on Cryptos is based upon a couple of really good Crypto technical analysts who put out videos every day .
When you look at the Crypto market there are signs of an upcoming top.Just look at what is happening with NFTS,Sothebys recently auctioned off an NFT digital picture of a monkey for 25 million!!!!Governments especially China but also the US are regulating Cryptos more and more .
Governments have printed money like crazy creating bubbles and bubbles always end .When all this will end is anyone's guess .Both ETHE and Bitcoin are especially Bitcoin are not technically performing very well and we are in Alt season ,in the past this has signaled the beginning of the end of a particular bull run and this is the third in the Cryptos in the last 8 yrs or so.
As I have said multiple times in my opinion Bnxa is totally dependent upon the health of the Crypto market ,the leadership of BNXA obviously has a different opinion upon the outlook for Cryptos than me as  they are rapidly expanding the company ,as they are experts and I am an amateur investor I am sure they are correct or are they???That is the question .

[FederalReserve]

Thanks again *arh0070* it's not only banxa's mgmt team that are so bullish on cryptos, just look at all these "crypto analysts" that are working for Goldman sacks, wellsFargo, JP Morgan, etc etc etc... Are basically all betting big! 100000usd by year end, quarter of a million buckaroos by Easter, 1million by next labour day. It's insane. Me personally, when I see these rapid

[Abedim15]

Who shall I be today. Today i think I'll be ahr0070 answering thoughtful questions posed by FederalReserve. Tomorrow I'll be FederalReserve responding to comments that I made as arh0070. Hard to get past the clowns on these boards yet I still read them. Occasionally, there is a bit of info worthy of follow up. (Ie: Intellabridge Technology Corp/Kash) Banxa remains a risky  

[FederalReserve]

Maybe the regulators should start with the bank of Canada and the Federal reserve system! Stop the fudging of intrest rates with central banks creating enormous demand by buying bonds back and dropping yields to zero or negative, stop quantative easing and all this inflationary policies that only benefit debtors and large corporations,cease enormous money supply expansion, tell there govts stop

[FederalReserve]

*abedim15* do you own shares of banxa or just looking?

[Abedim15]

Yes- I own some, bought in at $2.10 and then an additional small amount at $6.30. The interesting business model coupled with the small float made it, for me, a measured risk worth taking. I feel the same way about other emerging companies with small floats in the sector. Including - for what it's worth- Intellabridge Tech (c.intl) and Luxxfolio Holdings (Luxx). We'll see if they can