RE: OT -E3 metals26 Oct 2021 08:26
Tyson , frustration is THE hardest thing to deal with when investing. You should think about why you put £100 on number 16 ? What made you buy, the timescale you expect news, the countries security, the ownership of the company - do they have that actual history of completing contracts not just talking ?
Your crypto is booming and will do so ... I guess but its not my thing. Therefore I am not comfortable personally and I would like nothing better if you creamed the money in. I would not feel left out.
So my examples would be SLI & NEL.
I own way way way more NEL than SLI. Why ? Because they have in the last week announced SCALE.
SLI will always go well over time as they are the head of the pack to become only the 2nd lithium producer in the US and with new tech producing hydroxide in 24-36 hours. Its bound to do well as there is not enough lithium.
NEL, a different massively BIGGER beast. This is the tsunami you cannot stop now that the factory has finally opened the doors. Thing is it appears many don't invest prior to the big news, many rush in on a high sp to catch up and the FOMO is strong in investing with people wanting money today not wanting to wait 1-2 years for billions of US dollars.
Nel is too big, to advanced to not compete well in this sector. Just look at ITM v NEL. The difference is vast.
Finally. The next biggest lithium mine in the US which is getting huge amounts of PR is PLL again a very big potential of USD$1.6-2Billion total. NEL just stated they have the "current" potential for USD$6 BILLION.
3 X PLL total 20 year valuation. NEL hydrogen have only just opened up the factory and will expand so within 3-5 years NEL will be looking at USD$10-12 BILLION. Simple supply & demand.
Hydrogen & lithium are elements that will make our world appliences work, function.
Your bitcoin will be how we pay for it.
Same end result just ways to an end for us to retire wealthy. Tick. Pick a few, stick with them through the silly drops and overbought times ,take a long term balanced view and keep checking that the company are sticking , not over extending and in time you will win.