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Re: hobowilly post# 4612

Tuesday, 09/04/2018 11:52:02 AM

Tuesday, September 04, 2018 11:52:02 AM

Post# of 6557
I've traded $DPW successfully 2 times now along with Bitcoin since July & I can tell you that it is influenced by bitcoin's moves.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143222656

It does not track Bitcoin precisely like a GBTC fund, but it does correlate with strong moves. The upward movement on $DPW tends to be a delayed & lagging movement, but it is affected by bitcoin. The fact it tends to have a lagging movement with bitcoin is good, as it is easy to call the $DPW swings upward before they happen.

$DPW is involved as a block chain company. Like any company involved with a commodity, it'll be influenced by its underlying product or commodity.
Every block chain is different in varying degrees when it comes to affect by bitcoin, but that's the way it goes with all companies that are affected by an underlying product or commodity. One just needs to learn each pattern of each company individually that is associated with bitcoin.
$DPW has not been too hard to figure out for me.

I just learn how to short term trade these stocks (whether they are junk or have bad CEOs or whatever) instead of wasting time complaining about them all the time on msg boards

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