MGT Capital Investments Inc. (MGTI): I've been averaging down too. Part...

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MGT Capital Investments Inc. (MGTI)

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Re: WWJD2525 post# 34945

Friday, 09/06/2019 1:04:43 PM

Friday, September 06, 2019 1:04:43 PM

I've been averaging down too. Part of it is buying on hype and heres my own IMHO thoughts.

1. Bitcoin hashrate is continually rising. (I know the difficulty means more costs) Leads to higher prices
2. Higher hashrate = closer halvening time, I predict will now be in April, not May (IMHO)
3. Not a lot of selling, did miners make their money and are holding? Why because they know the above.

GLTA

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Form SC 13D - General Statement of Acquisition of Beneficial Ownership • Edgar (US Regulatory) • 11/09/2024 12:02:36 AM
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