The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
BTC at c.$47k is good today, it has consolidated this weekend the swings seem less violent looking at the candles. Two weeks ago we were at $33k.
The US will be watching BTC like a hawk and if it is higher than $47k by 14:30 tomorrow I would expect US to push on as the message boards have been hectic and over 11,000 followers on stocktwits now. I think today is the day to get more (or before 14:30 tomorrow) and even though today will average me up - anything under £2 will get gains, and if BTC stays above $47k then that should be this week alone.
I am throwing in a final £2k today, just cannot shuffle anything else around and I cannot bear to let go of any KR1 shares - too many good options out there at the moment.
So is the challenge with pink sheets that we dont naturally align. Todays open didnt naturally align. I am trying to work it out but it feels as though Pink Sheets operate differently in that it is brokers selling stock for whatever they can and buying from US to fill orders to correlating is difficult as it isnt a natural build up of demand and this is why it flips all over.
This changes if you get on OTCQB like Argo now are. Do we need that upgrade to get price stability and close alignment?
We will see on Monday but $2.40 is £1.76 - lets see how close we get.
Does anyone know the Free Float on KR1. I had thought it had been posted but cannot see it.
The only reason I ask is that I have just tallied up and 2.4m shares traded in the US and I am assuming they are all in one time hands as there has been some wacky prices we would all like reflecting over hear and now a lot of people currently underwater in the US.
Just wondering how long before demand moves the price up and the UK becomes more sticky. I am at an average of 90p so happy holding but just passing the time .....
I think it will be interesting to see how the US trade today. RIOT and MARA up pre market and BTC bouncing off $48k.
When the US closes there three days of BTC trading as Monday is a holiday on the markets over there and where they feel BTC may go in three days followed by five hours of UK trading on Tuesday before they can buy / sell.
Bullish BTC would indicate buying today so not to be gapped up I would think.
You can but ARGO are diversifying and put this in an ISA tax free with more leverage and less wild swings. I am sticking with equities to get to Crypto this year as the rises should be significant (ARB / KR1) and all in my ISA tax free.
Bitcoin - CGT - may be aligned to income tax to pay for the pandemic and that will sting.
Saylor said in a recent interview that before the rally he thought Bitcoin would reach $50k this year and even the rally has taken his breath away. With the legitimising by Tesla and others to come then it could be much higher this year.
Here you go
https://uk.advfn.com/stock-market/AQSE/kr1-KR1/share-price
This is the best place to look for prices from what I have found is:
https://uk.advfn.com/stock-market/AQSE/kr1-KR1/share-price
Every day is a school day!
https://www.investopedia.com/terms/g/graymarket.asp
I didnt understand this on the US side but it feels like pre-trading to establish demand - currently $1.45 ... looks like there is demand.