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Growth is a never-ending reality. Humans keep growing and evolving to make lives better. Even in investing, you look at the growth of your stocks. But how can you be sure the stock you choose will grow in the future? Nobody can predict the future with certainty. You increase the probability of making your portfolio outperform the market. Just place your money in more than one good stock that shows good growth potential.
Stocks with long-term growth potential
A simple and effective investment strategy is to invest in future technology trends. You invest in future technology before it scales up. The world is currently undergoing a technology revolution. Technology is growing at a rapid speed. You may laugh watching an early 2000s movie where they used button phones and GPS gave wrong directions.
Berkshire Hathaway never bought shares of
Microsoft. They
have many similarities, and they both are bearish on Bitcoin. Well, I understand Buffett’s reasoning, as he has never been into technology. But the founder of the world’s leading PC operating system (OS) is also bearish.
This whole Bitcoin frenzy is a little difficult to digest. BTC is a digital coin that has no physical form, no regulation, is prone to scams, and changes the power play from banks to those who have the digital coin. While the concept is revolutionary, it has both supporters and critics.
What does Bill Gates have to say about Bitcoin?
In a market update provided on Monday, cryptocurrency miner
Hive Blockchain Technologies(TSXV:HIVE) reported that its Bitcoin and Ethereum portfolio value has reached US$109 million. This implies a staggering 81.7% increase in the portfolio’s value in just over a month. However, Hive stock fell 5% on Monday. Investors could have viewed the latest growth rate as too slow.
Hive Blockchain’s coin inventory surges by 82%
Hive’s coin inventory stood at 20,030 Ethereum (ETH) coins and 320 Bitcoins (BTC) on March 31 this year. The portfolio was valued at US$60 million at the time. Since then, management revalued it to US$75 million on April 16 before reporting a US$109 million valuation yesterday.
HIVE Announces Sale of Norwegian Subsidiary with Associated Debt and HODL Update
ACCESSWIRE
10 May 2021, 15:05 GMT+10
This news release constitutes a designated news release for the purposes of the Company s prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021.
VANCOUVER, BC / ACCESSWIRE / May 10, 2021 / HIVE Blockchain Technologies Ltd. (TSX.V:HIVE)(OTCQX:HVBTF)(FSE:HBF) (the Company or HIVE ) is pleased to announce that, it has sold its Norwegian subsidiary Kolos Norway AS ( Kolos ) to the local municipality Narvik under a share purchase agreement. Under the agreement the Company transferred all of the shares of Kolos to the municipality of Narvik, along with a US $200,000 payment. This allows the Company to focus on its datacentres located in Sweden and Iceland which mine Ethereum continuously on the cloud.