Comstock Inc (LODE)

[datfusion]

Not tracking current events?

https://www.cnbc.com/2021/04/16/dogecoin-doge-price-meme-cryptocurrencys-rise-sparks-bubble-fears.html

Crypto is seeing another bull run and all the millennials are pulling out of OTC to take part in it.

We live in a new future where retail investors have competing interests between unregulated crypto markets and investments in stocks. This is just part of the new future dynamics where money will flow between these markets, when one gets an enormous influx the other sees a decline, etc.

Crypto markets are an insane investment if you ask me, the only thing that props it up is hype, purely hype. When crypto falls there's no underlying value to bet on. At least with stocks you actually own a portion of the business you're invested in, there is tangible book value behind it. People have been burned on crypto numerous times in the past, enough time has passed that they've forgotten and it will happen again. That money will flow back again and it's a cycle that will repeat.

Everyone is so damn impatient, all the kids expect instant gratification and can't bare to watch a business go through growth and maturity. But that is the nature of investing.

I don't care how low LODE's share price go, honestly I don't, I know where this company will be in the coming years and I'm investing for then, I'm not investing for tomorrow. Any shares sold under $5 is a gift, I'm taking advantage of that.