I have been liking the bito a lot, I have owned the shares for the April dividend, and will now be in the May dividend, which pay over $1/share each month. But not only that, I have been selling weekly puts, and also covered calls on the shares I hold out of the money. The premiums have been spectacular and really help with downside risk of the stock price! Will see how this goes through thus bull cycle, and then maybe switch to biti when the bear makes itself present.
Maybe my math is off but didn't BITO gain 82%. I think you had it right the first time when you divided 24.xx/13.xx. Idk cause to me 13.29 + 45% is only 19.27?
@@HonorableInvestingI do both. I just got my dividends on beth, eeth and bito. They came in Friday. Every 8th of the month. I have 7000 shares of bito and got $5000 in dividends. This is the exact number 5,028.05
You really should understand how to do the basic math before doing a video. Coming up with the faulty 45% gain throws everything off. And even worse, it's glaringly obvious that going from 13 to 24 is nearly double (100%), so it would be pretty clear to any 8th grader with any understanding of math that your 45% calculation is way off. You have to figure out the increase then determine what percentage that is of the initial price. So.... You subtract 13.29 from 24.24 and you get 10.95. Then 10.95 ÷ 13.29 = .8239. Thus you have an 82.39% gain. Please figure out what you're talking about before posting videos and you'll likely have many more subscribers and views.
I have been liking the bito a lot, I have owned the shares for the April dividend, and will now be in the May dividend, which pay over $1/share each month. But not only that, I have been selling weekly puts, and also covered calls on the shares I hold out of the money. The premiums have been spectacular and really help with downside risk of the stock price! Will see how this goes through thus bull cycle, and then maybe switch to biti when the bear makes itself present.
Is it better to DRIP BITI and BITO? Or just keep the cash? In a Roth IRA so no taxes.
The math is wrong 13 to 24 is not 45%
Maybe my math is off but didn't BITO gain 82%. I think you had it right the first time when you divided 24.xx/13.xx. Idk cause to me 13.29 + 45% is only 19.27?
Just buy Bitcoin and call it a day
Haha not a bad idea eithrr
@@HonorableInvestingI do both. I just got my dividends on beth, eeth and bito. They came in Friday. Every 8th of the month. I have 7000 shares of bito and got $5000 in dividends. This is the exact number 5,028.05
Where did you buy Biti from?
Do it in Roth
👍🙂
ehhh
You really should understand how to do the basic math before doing a video. Coming up with the faulty 45% gain throws everything off. And even worse, it's glaringly obvious that going from 13 to 24 is nearly double (100%), so it would be pretty clear to any 8th grader with any understanding of math that your 45% calculation is way off.
You have to figure out the increase then determine what percentage that is of the initial price. So.... You subtract 13.29 from 24.24 and you get 10.95. Then 10.95 ÷ 13.29 = .8239. Thus you have an 82.39% gain.
Please figure out what you're talking about before posting videos and you'll likely have many more subscribers and views.
Lol
😇
A baby can calculate better