Maybe so, but if it does, then I suggest you load up like yours truly plan on doing, and to bring your average down from $45 so you are not so bitter...lol Seriously, read up on JUMIA and I think you would concur it's just a matter of time. This can blow up just like Amazon and MercadoLibre (Meli)-Latin Amazon did. Go look at the charts and data and for the love of GOD do some research on Africa! Don't believe everything you read or hear in the media about Africa. It's booming and has the largest youngest generation on the planet. Technology is advancing there at a really quick pace. pLEO satellite constellations such as Starlink and Kuiper are game changers across the globe.
Auminer how many shares did you buy today? Volume was 3x to 4x times then yesterday, so I'm sure you bought 10 to 15 shares today... Sumbody knows sumthang and is buying up the shares!
Cool. Do you own shares now and the better question...did you own and sell shares during the last run up to $62?
Yes, just decided I don't have the balls for it, after being aggressive in the early 2000's and loosing a bunch. I considered putting the proceeds from my building sale a few years ago into bitcoin, even discussed it on here, but decided I couldn't afford to screw myself 2x on aggressive investments.
Zero. Volume is an irrelevant metric with regards to valuation. Average annual GDP per capita in Africa is less than my household's weekly nut. In many countries it's less than my average daily income from scooping dog shit for ~5 hours. ANNUAL. Less than I make in 5 hours doing utterly unskilled manual labor. Let's whoa up on the cheerleading.
Interesting point. Bitcoin price in November,8 2017 high was $7776. That's a 1200% return at today prices. You what was the rate of return for Tesla during the same period? Nearly 1700%. And Tesla makes an actual product, something tangiable you can actually touch, judge and account for.
Hard to ignore the money that can be made though in crypto. I have been too nervous to do something stupid with money but I am in it. Been in it for a long time with XRP. I talked to the old wise man about Crypto years ago and he referred to it as the "tulips" craze. But, years later and its still here. Hard to ignore. Still feel like its meme stocks. But hard to watch all these people keep making a shit ton of money on it and just sit on the sideline. Even in common stocks there is no guarantee and you can lose your ass just as easy.
I turned 10k into 4k last year on bitcoin, doge, and shiba. Sold at the bottom before it quadrupled. Perfect timing.
Well at least it was only a $6k loss. I've done much worse just racing or buying a car, let alone my fantastic stock wisdom in the early 2000's tech crash.
I'm very happy to have investments in crypto, precious metals, brass, lead, and stocks. Many baskets. Some aren't much and some are. This is an investments thread. Those are all investments. Oh, I have some baseball cards too!