Replies to post #32435 on MGT Capital Investments Inc. (MGTI)

[WWJD2525]

I never said MGTI is valued more than bitcoin. But these stocks tend to run or decline much faster than bitcoin. They all feed off the price of bitcoin. If bitcoin reaches 20k again, you will see MGTI at $4.

Percentage wise you have more to gain from MGTI and other bitcoin stocks than bitcoin itself.

And given Bitcoin the fact bitcoin is back to $5,000. You will most likely see a bigger drop in MGTI today and the other bitcoin related stocks. But this is typical for these crypto stocks.

If you believe bitcoin will reach 20k again, which I do, it’s best to buy the dips and hold what you have for a 1-2 year time frame. It’s worth the investment.

Again, this is just my thoughts and opinion based off my research.

[Davidbike]

Price per share doesn't matter only market cap.