RE: Share price action23 Jul 2020 14:17
I don’t know what to make of this share. I fully admit that I don’t properly understand how bitcoin/crypto generally works - but I wanted some exposure. So, given that the mining companies have been a good way to get exposure to gold, I thought the same would apply to crypto miners.
While I held ARB, everyone complained that the directors were paying themselves too much, didn’t have enough skin in the game and that the SP was on a downward trend - even when BTC was up.
So what’s changed? I was thinking of buying RIOT this afternoon because I still think my logic about miners is good - but I do actually want something that is a proxy for Bitcoin. The jury was out on that, last I heard?