Post by
Singidunum on Dec 24, 2020 1:07pm
Be careful
Be careful with this one. Frank loves to issue shares and dilute the shareholders. I recall 2 years ago a lot of retail investors were left to hold the bag for Frank and his buddies. So be careful here. Thigs can turn badly in a very short term. People should know that Hive went from $6 to 8 cents last time around. I am not saying other miners are better, they are probably the same. Just be careful. Use stops to protect your capital.
Having said that, if BTC goes to 30K, this can double from here. Just remember this is not a long term investment. It's good for swing trading in both directions.
All the best and Happy Holidays.
Comment by
Bac0n on Dec 24, 2020 1:12pm
im glad to see other sane rationale people exist on this board. Even if they are the few. well put singidunum -Bac0n
Comment by
AlphaJ on Dec 24, 2020 1:33pm
a couple more points. Hive has no reason to dilute shares today, their making money and 2. As for US regulations. It may be a minor setback but the reality is. Those exchanges will just leave the US and go offshore to crypto friendly places. Crypto is borderless and the US will loose that fight.
Comment by
gatekeeper1977 on Dec 24, 2020 5:44pm
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gatekeeper1977 on Dec 24, 2020 5:47pm
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Comment by
gatekeeper1977 on Dec 24, 2020 5:51pm
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Comment by
Baseballfury on Dec 24, 2020 5:51pm
Nice data. The return on capital from this could be massive, so the dilution part shouldn't worry anyone long term.
Comment by
ThisIsNoGame on Dec 24, 2020 8:18pm
Thankyou Gatekeeper! Happy holidays