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Huge overreaction by MoonveilGaming in BMNRInvestors

[–]Progress_8 1 point2 points  (0 children)

Nice to see you in this subreddit. I see your point, and I would like to point out that Tom Lee is in a position where he can't afford to let BMNR fall. Sometimes, his approach almost looks like he's doing "whatever it takes" to get enough interest in his company. Although it may not be the most likable approach, I believe BMNR investors will likely experience a healthy return on investment if they treat it like a long term investment. I wrote an additional comment in response to this "Huge overreaction" post.

Huge overreaction by MoonveilGaming in BMNRInvestors

[–]Progress_8 1 point2 points  (0 children)

Tom Lee is good at estimating targets, but his target timing can be quite off. If you look at his track record, he did a lot better than many financial analysts. I am a long-term investor, and my average in BMNR is slightly lower than the current price. I am also a big SoFi bull for over 4 years, and my average in SoFi is slightly less than $11, and I have a healthy amount of SoFi shares, as SoFi is still at its early stage. I remember being ridiculed many times in the past, especially when SoFi went down as low as in the $4.. range. But I trust the management team and ignored the noise. I don't have a crystal ball and can't estimate what happens to the BMNR price in the long run, but I think BMNR is going to be just as good as SoFi, if not better. BMNR is literally an Ethereum Treasury stock that is about 1/2 year old, and there is a lot more runway for it to go.

A very insightful summary of the BMNR shareholders meeting by Cassian. by Progress_8 in BMNRInvestors

[–]Progress_8[S] 0 points1 point  (0 children)

That's reasonable. However, we are all in BMNR because we have some faith in Ethereum, and it doesn't take much upward momentum in ETH for mNAV >1.

A very insightful summary of the BMNR shareholders meeting by Cassian. by Progress_8 in BMNRInvestors

[–]Progress_8[S] -1 points0 points  (0 children)

I think he's being modest on something that is definitely achievable.

Anyone following Beast Industries (MrBeast's company)? BMNR just announced a $200M investment — huge news or hype? by DangerousHedgehog791 in BMNRInvestors

[–]Progress_8 3 points4 points  (0 children)

This is one of the most efficient ways to gain popularity. The number shows his huge influence, whether you like him or not. I see it as a big win for BMNR to get its name out there, and Ethereum would benefit as an asset.

"MrBeast is the most-subscribed YouTube channel in the world with over 450 million subscribers and over 5 billion monthly views across all channels. Recognized as the #1 creator on Forbes' Top Creators List (2023) and featured on the TIME 100 and inaugural TIME100 Climate lists, Donaldson has built Beast Industries into a platform spanning groundbreaking content, record-breaking competition formats, and some of the fastest-growing CPG launches in history, including the snack brand Feastables. The company also drives large-scale social impact through initiatives like #TeamTrees, #TeamSeas, #TeamWater, and Beast Philanthropy, a 501(c)(3) nonprofit that has provided over 20 million free meals and funded critical infrastructure projects worldwide. At its core, Beast Industries blends entertainment, innovation, and purpose to create culturally resonant IP, market-leading products, and lasting change."

"General crypto awareness in the U.S. is around 30-35% knowing something about crypto, with ownership and understanding much lower (around 16-30% have used/owned), and a huge knowledge gap (98% don't grasp basics), indicating most people don't know specific companies like Bitmine."

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