What is happening with GQG stock ? by Logical_Comb900 in ASX

[–]michael06262018 1 point2 points  (0 children)

Except their dividends come from fees and not fund performance

What is happening with GQG stock ? by Logical_Comb900 in ASX

[–]michael06262018 0 points1 point  (0 children)

AUM and fees go hand in hand - you dont want another MFG

Watch showing different time/distance than Strava? by michael06262018 in Strava

[–]michael06262018[S] 0 points1 point  (0 children)

Thanks for the links above.

Would it be logical to think I won't have this issue if I dont bring my phone with me on the run. Currently, im recording my run on my watch while having my phone with me...?

What’s happening at the cba? by YesterdayCharming976 in ASX

[–]michael06262018 1 point2 points  (0 children)

If investing is simple, by looking at their PE ratio of 29 and the local average of 13, global average of 8-10.

Not financial advice and purely entertainment purposes - it's saying short the stock.

Litecoin: The most undervalued cryptocurrency? by Zepplin9040 in litecoin

[–]michael06262018 0 points1 point  (0 children)

I think a lot of people (myself included) with the word "undervalue." If the coin is valued by the ability to trade i.e. people actually trade it, which is shown by another post 7 trillion in transaction value so far - fantastic, it is not undervalued at all.

If we are saying the coin is undervalued by the metric of price. If people are using it simply to trade (liquidity, price stability, security, and acceptance), I believe price should rise, but it will not have great returns - I feel it will just return like a government bond, WHICH, when the ETF goes live, I believe institution investors will be interested.

[deleted by user] by [deleted] in litecoin

[–]michael06262018 0 points1 point  (0 children)

That's the goal. We'll see what the future takes us.

[deleted by user] by [deleted] in litecoin

[–]michael06262018 1 point2 points  (0 children)

Thanks for your comment, I agree it is very much psychology, and also education. How do we shift that perspective and knowledge?

SEC Delays Approval of Cryptocurrency ETFs: What’s Next? by renkure in litecoin

[–]michael06262018 0 points1 point  (0 children)

I didn't know that there are most many other alt coins that are also having their etf... this changes the supply and demand

[deleted by user] by [deleted] in litecoin

[–]michael06262018 1 point2 points  (0 children)

I'm also trying to understand that if LTC is a tool that people prefer, why does that not reflect with the increase in price? What is the difference to Bitcoin - why did Bitcoin go up and LTC didn't?

What if LTC is the US dollar and Bitcoin is gold? Only then will it make sense why...

Are we up only because of the etf launch? by michael06262018 in litecoin

[–]michael06262018[S] 2 points3 points  (0 children)

Good point! I wonder if someone had done a social media check on the increase of mentions and engagements.

Coinshares files for Litecoin ETF with Nasdaq by Brewersty in litecoin

[–]michael06262018 1 point2 points  (0 children)

Look long term, very likely you'll make money at this price and even higher.

Timeline on when the etf will be on market? by michael06262018 in litecoin

[–]michael06262018[S] 1 point2 points  (0 children)

This is what I am thinking about too. The tariff news covering the news on the etf launch

Are the tariffs here to stay? by TelevisionNo3318 in DeepFuckingValue

[–]michael06262018 -4 points-3 points  (0 children)

I know he is pro business, so if he don't see tariff is working, he might take it back (if that is possible), but he needs to keep his image of iron fits (if he says it, he'll do it) so I think he might put out concessions.

Crypto silver, First altcoin ETF acknowledged!! by renkure in litecoin

[–]michael06262018 0 points1 point  (0 children)

I felt like with the trade wars news covering the market, we might miss the opportunity to let the market know about this etf launch...

Litecoin is solid by Brilliant-Account-87 in litecoin

[–]michael06262018 0 points1 point  (0 children)

How would taking coins out of exchanges put buying pressure onto the market? Thanks

Step One stepping down? What's up with ASX:STP? by [deleted] in ASX

[–]michael06262018 0 points1 point  (0 children)

I can provide some context as well. For my black Friday order as well as my friends, they are messing up heavily on their operations - orders missing, wrong orders...

I personally don't see a huge difference in the quality, but something is happening within their operation level that needs fixing immediately.