Not the end of the world....18 Feb 2021 18:51
So it did several hundred percent over Days 1 and 2 and then took a breather. If it had gone up in a linear fashion to 40p over 3 days, then everyone would probably be seeing the business in an entirely different light, compared with today's mixed bag of analysis on here.....
At the end of the day, it's a share and they go up and down in price. If it was 100% cast-iron bona fide £2 share then it would have shot straight up there on Tuesday morning, and not moved since, but ultimately you have got to evaluate if being a first mover in a relatively new field is worth a punt. That's where the value is, and so the difference between the price now and what it might just be, one day.
Who knows? I am holding KNB because there's a solid business story backing it up. (Mind you, I never bought any Bitcoin because I didn't think there was, so it just shows you!)
Tomorrow is another day, but had it gone up 50% again today, I am sure everyone would expect another 50% tomorrow. But it didn't, so pessimism has increased. But there's more chance of that 50% tomorrow after it has had a flat day, surely?