GREY:VYGVQ - Post by User
Comment by
godisgr81on Sep 21, 2021 9:58am
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Post# 33891737
RE:What's happening
RE:What's happeningWhy SP is heading south?
There are several reasons why but the major reason is related to US Congress and SEC bringing new regulations on Crypto. There is uncertainty surrounding how Exchanges and brockerages will be regulated and which Crypto is a security and which isn't. At the end of the day, this is all noise and for Voyager they are set up for most of the crypto being a security as they are already registered to handle securities and this is the foresight brought on by Steve being in the brokerage market for 30 years.
There is no other Brokerage or exchange that is making 50% margin on EBITDA. It is very underrated and this sentiment likely won't change until new regulations is clear and concise and passed into law. In the meantime, it is a great buy at this price and YES, it may go down even more but you will be happy if your holding for the next two years plus.
I hold both equity shares and VGX tokens. Both very underrated and it is a long term hold. Do your own DD and there are more catalyst coming to