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Bullboard - Stock Discussion Forum Galaxy Digital Holdings Ltd T.GLXY

Alternate Symbol(s):  BRPHF

Galaxy Digital Holdings Ltd. is a digital asset and blockchain company. The Company provides institutions, startups, and qualified individuals access to the crypto economy. Its full suite of financial services is custom-made for a digitally native ecosystem, providing multiple business lines: trading, asset management, investment banking, mining, and ventures. Its trading business, Galaxy... see more

TSX:GLXY - Post Discussion

Galaxy Digital Holdings Ltd > Outperformed?
View:
Post by Rookieinv3ster on Feb 27, 2024 10:31am

Outperformed?

Jesus, being outperformed by the GLXY/Invesco ETF, Bitcoin, and Etherium. Any ideas?
Comment by Rookieinv3ster on Feb 28, 2024 11:21am
God this is painful to watch. 
Comment by Rookieinv3ster on Feb 28, 2024 1:31pm
To be fair Bitcoin hit an all time high but this must be the pullback the CEO Mike warned us about 5 years ago and why he wanted to keep the share price low.
Comment by Pucci1989 on Feb 28, 2024 4:29pm
It was a weird day IMO Bitcoin & ETH Flash crash etc. . But , last time Bitcoin was at these price levels, (November & December of 2021.) Galaxy Selling Price  was significantly higher. My guess is that many GLXY investors back than used Galaxy as a proxy investment to Bitcoin ... Or, maybe Mike needs to talk up Galaxy more in 2024... 
Comment by Rookieinv3ster on Feb 29, 2024 10:50am
Unfortunately you're right. Sold my position at open. Probably will go up more eventually even though it's in the red. Tired of the non sense. Put my profits in my other crypto investments. After seeing Mara crumble and Mike doing nothing I'm out. Good luck to everyone.
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