So many people are gonna get burned on Bitcoin stocks.
Discussion
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isn't that the reason they exost? 🤣🤙🤷
I own a few because I believe in the companies not because they are Bitcoin holding companies. As an example, I own Block. I don’t hold enough to cause any real damage if the company doesn’t succeed. We should support companies that improve the Bitcoin ecosystem. BUT, if a company isn’t profitable prior to owning Bitcoin then it most likely won’t be afterwards.
Not your keys not your coins 🤷♂️
Someone could be down more than 50% on KDLY today alone!!
Yeah that insider -> announcement jump was blatant
There’s a sucker born every minute.
I mean, if they buy tops, sure.
I've got a rollover account from my corporate days that I essentially day trade in. I'm pretty much free rolling on almost all of my Bitcoin tangential plays save for MSTY and I'll be there in about 4 more months.
As long as people aren't idiots, they'll be fine especially as Bitcoin runs. I do worry about there being too many Strategy copycats though so you do need to be selective there.