RE:Taking profits now is foolish with Bitcoin primed to hit 20kReally hard to say right now. There is a lot of speculation going on at the moment. We don't even know how much of their assets are Bitcoin versus other crypto assets. If someone here knows please post it. The info on the website states they are mining a mix of cryptos so who really knows what they have? We're just jumping in because we know the overall crypto market is taking off but we don't really know what this company has exactly.
Profit taking makes a lot of sense for those that bought at 5 cents. Can't really blame them. Once they are done selling we'll see where this stock goes. In order to do that though, we need real data. Without real data this is just speculation and nobody really knows anything.