https://i.redd.it/c1jnhxjlcr8c1.jpeg
Tuesday, December 26, 2023
Thinking Out Loud
It's encouraging to see a mix of positive and negative comments on the forum, as it reflects a healthy discussion. Developing discernment is crucial for forming well-founded opinions that go beyond mere hearsay.
In my perspective, significant announcements are likely to accompany the upcoming rebranding efforts. Despite some leaked information prompting the recent conference call, the company is strategically orchestrating its moves behind closed doors. It's understandable that many of us are eager for positive news to alleviate concerns. However, the company appears to be withholding some updates until all aspects are aligned for a seamless and progressive unveiling of the new brand.
Although there's limited immediate good news, noteworthy events such as the lifting of the 22-month hold on Nov 30 indicate positive shifts. The company seems to be following a deliberate strategy, akin to waiting for the foundation to be solid before constructing the edifice of noteworthy press releases.
Given the absence of insider information, exercising patience is paramount. This investment scenario resembles pivotal moments in financial history, such as buying Apple stock in 1980, acquiring land in Las Vegas in the '90s, or investing in Bitcoin at its early stages in 2011. The parallels suggest that the current situation could be a strategic entry point, making this period as an opportune time for investment.
Wishing everyone a prosperous 2023 and looking forward to a Happy New Year in 2024!
BREAKING!!! : Barry Silbert has RESIGNED from the board of directors of Grayscale Investments, LLC.
https://i.redd.it/w2kh8u85kn8c1.jpeg
Subscribe to:
Posts (Atom)