/biz/ - Business & Finance

I’ll be keeping half my stack of Their tokens for those dividends, which I expect to become significant in short order. But half I’m investing as a pure spec play.

One of my buddies trades Uranium companies. Itty bitty miners on wild swings. A 2% move in the underlying asset, uranium spot prices, can lead to a 30% face-rip in the companies. He does maybe one trade a month, but knows how to spot them.

Similarly, during Bitcoin’s last bull (20x), an asset-backed derivative, GBTC, did a 1000x. It became significantly more valuable relative to the underlying assets due to scarcity of the shares and exposure. And, of course, we all just saw Linkpool do something similar.
They are my big trade for the year. LP had their big multiple happen over hints of a working product and nothing else, as far as I could see. They are offering a second round of funding in 2020 when there will be a working mainnet and a working product. If they capture the traffic share I expect them to, I don’t even want to tell you what I think the multiple could be. I’m not crazy – it’s under three figures – but only just.

>>11486476
I'm sorry
how did you participate in the ico?
did you use fiat
no, you didnt
you used ethereum

>>5911618
Nice

>your only regret will be you didn't buy more