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Hmmm, you don't often see posts getting things right but its nice that DOT is up 20%, not sure how much SP will move but for those who have been sitting on huge losses, maybe this will give you some comfort Polkadot (DOT) has joined the market uptrend after its bulls pushed the price up by 20.21% to $7.53. While this is not Polkadot’s first mega rally in recent times, the coin seems to have little to no resistance as the current price outlook represents the biggest it has recorded since February of this year.
Read more on U.Today https://u.today/polkadot-dot-jumps-20-as-it-eyes-major-milestone
Please DYOR, when I read posts like this, I'd think ramp but as I said, this is a star in my rather pitiful portfolio so I'm encouraged that DOT is going up but apparently good volume and the link with Delloite is what I like. ATB for tomorrow. Maybe a positive start and weĺl done Villa. I'm with Citizens but give credit where its due. Emery done good. Sorry to digress
With people selling on Friday and being worried about what the sp is going to be first thing Monday morning they are missing out over the last few weeks on our big jumps over Sats and Suns and today I notice DOT has shot up big style - only LDO not leaping forward compared with the other majors - not sure why that is. Looking forward for us reaching $200m
Maybe a special dividend to share holders wouldn't hurt while a bull market was in full swing, could actually pull in more punters but as you say, KR1 building big war chests to buy into new projects is preferable to the funds being used on regular scheduled dividends especially when this year's hot projects can soon tumble down the rankings as new projects emerge.
You can use the money to buy christmas trees. it's your company. apple has billions in its account. why don't you buy a share there and try to persuade them with lawyers to pay out everything to the shareholders as dividends! The company has no obligation. when i buy KR1 i buy one thing above all: KNOWLEDGE. i think George and Keld are better at investing in cryptos than i am. Their track record in the past has been like this. and if it comes to another crypto summer, one thing I certainly don't want is for them to pay money as dividends to shareholders!
As you apparently don't know, KR1 is not a crypto fund. it is a digital asset investment company and can do what it wants with the revenue. on their homepage it says what they do with the Revenue from Staking Activities: the generated revenue is used to offset operational costs and to fund further investments.
I still wonder every month where the several hundred thousand pounds of staking revenues go. Never returned to shareholders in form of a dividend. Does it just go on paying for the two directors’ shell company? I’d like to see that profit returned to shareholders or clearly see where it’s spent.
Is LIDO up from the last update
Of course I'm quietly hoping it is the next one to go great guns
Thought I.d mention that running up to the 2021 peak .during 2020 on the US markets some crypto associated stocks were trading up to an outrageous x 27 NAV
Imagine !!!!! A fraction of that
Happy Christmas 2 all
Nice reasonable expectation and the bit on women. No disrespect to any here of course. Never discount Newcastle, you never know. Keep lending your wisdom to this, I do learn. Thank you
Short term 1 pound looks nailed on.
Hi Rae Dae
I will freely admit my retirement comment is a very lofty expectation from here. Equally it can be based on forecast, existing assets and a reasonable expectation that good investment performance of past runs into the future - so definitely not a dream.
England world cups victories, Newcastle United glory (just once at least!) and a variety of women (some not even busy in the kitchen...). Throw in World peace, wild riches, an interesting personality and charisma for myself and we are truly entering the dreamzone - The football bits especially - lol.
AtB
NtD
Thank you kind Sir. Its always nice to have dreams and I hope this does help with your retirement. Imagine just for a moment when DOT which is down 89% from its ATH and others in their portfolio climb but that's discounting the other TIA that maybe lurking eh. I'm not that significant to influence movement but would be nice to see this above a quid
The move of exchange I expect to be delayed - I think that there is a positive in becoming the largest company on Aquis first - we are currently 5th and would need to about triple. I think that from then, we will move.
I fully expect this to become a £1bn net asset value in the next 5 years - with an outside chance of succeeding in this current run.
Wexboy on Twitter always mentioning the numbers - people should be fighting and paying a premium to hang off these guys coat tails - they have a track record of incredible success and many as yet unlisted projects to come in 2024.
Finally, I think there is a chance of dividends in the future - probably post this bull run - I dont expect them to add staff to invest more - their MO is intense pro-active advice and this must be a factor in their high hit rate - but this also limits how many new projects they can school at a time.
Expect this share to fund a big chunk of my retirement - its not just that its that good, but that it isnt even at a premium to NAV yet - think Buffett and Munger - these two appear so far to be a crypto equivalent - sooner or later the wider market will twig this imho.
For those looking to accumulate, as all investments, have an overview. I for 1 can never quite get it right as I've seen 2.60 and below 40 but the potential is here and it could move to other exchange or the bosses may declare a dividend but I think lots of positive momentum is with TIA but DOT and LIDO are still relevant and I read that if an asset is staked, it suggests that people believe in it and are prepared to hold so monthly income is healthy too. Hope the investors see the bright side of the other tokens, time will tell. ATB LTH
As of posting time it is the 41st crpto curreny by market cap. That MCap is $1.6bn. Its a complete monster!
Over $10 per coin and a 23% 24 hour rise. Over $80m net asset value to KR1 on this project alone! Should add to a strong rise on KR1 on opening today.
GLA
NtD
Portfolio now $190m
Big push up now - we heading towards 90p
Hopefully Blu will come along too Theeduke
Looking awesome here guys - What and end to 2023 its going to be and a mega 2024.
It's important to remember it's not a 1 hit wonder. It's other investments are also worth noting and LIDO and DOT are being talked off as well purely on interconnectivity issues and Web3.
Tia still flying this morning ! Amazing ! Happy Xmas All Holders
Celestia has had a very strong weekend - $9.27 as i write this - 7,500,000 held by KR1.
Nice breakout. Position for the bull