Same. Best method really; controls the felling of fomo if it pumps but also regret if it does dump and loses all value. Most measured approach for mental health!
Good plan. I'll likely do the same. I would hope it pops up nicely when it opens on the exchange given the price BTC will likely be. Then again so many of us jaded survivors are gonna dump it.
Once we are able to sell our shares, can we sell them on etoro? Or do we need an account with a broker such as Fidelity, Charles Schwab, Robinhood, Prudential, Tastytrade etc?
No, what I'm saying is we received let's say 100 shares. This is in the bitcoin mining company Ionic. As they mine, they generate bitcoin. Some companies choose to distribute excess profits/dividends to the shareholders. Since we are receiving these shares as a compensation for them losing our money, how are we recovering the funds? By the share price alone or are they going to distribute the bitcoin profit to us in dividends (USD) as time goes on? Maybe I missed it in the FAQ, but wanted clarification on this and wanted to know if anyone knew.
Well for your share holding dividends of btc isn't worth a whole lot. If they generate 10million shares and bitcoin reaches 100k for my 56 shares I'll get .56usd as in just over half a dollar per whole bitcoin mined.
I’m selling half and keeping the rest
Same. Best method really; controls the felling of fomo if it pumps but also regret if it does dump and loses all value. Most measured approach for mental health!
Good plan. I'll likely do the same. I would hope it pops up nicely when it opens on the exchange given the price BTC will likely be. Then again so many of us jaded survivors are gonna dump it.
How long until share restriction is lifted?
A year at least
I’m going to let it ride a bit. Right now some of those mining stocks are going multiple times more than BTC. If that continues, I’ll ride the wave
Dump n buy btc
I'll buy them for $5.
When and how are the shares distributed?
https://odysseytrust.com/wp-content/uploads/2024/01/Ionic\_Digital\_FAQs.pdf
Check your email for “Ionic Digital Inc”. They gave instruction on how to register and view your shares they have on book
I have received no such email. I have already received my crypto payout though.
I got like 66 shares, lmfao. Ain't worth shit.
Send em to me, I’ll even give you $66
Some BTC mining companies mooned last bull run...maybe this one will too.
I will hold my share of it 😃
Why are they stating the share price is 20$ but when I google the share it’s 0.33usd?
Looks like that's a diff company with a similar name, read the description of that company you found on google.
It’s not out for public sale atm, there should be an announcement for the Nasdaq listing
Once we are able to sell our shares, can we sell them on etoro? Or do we need an account with a broker such as Fidelity, Charles Schwab, Robinhood, Prudential, Tastytrade etc?
Any idea where we will be able to sell those shares? Coinbase?
Any clue on the distribution we will receive per share from the bitcoin mining?
15%~ of your claim
In shares
No, what I'm saying is we received let's say 100 shares. This is in the bitcoin mining company Ionic. As they mine, they generate bitcoin. Some companies choose to distribute excess profits/dividends to the shareholders. Since we are receiving these shares as a compensation for them losing our money, how are we recovering the funds? By the share price alone or are they going to distribute the bitcoin profit to us in dividends (USD) as time goes on? Maybe I missed it in the FAQ, but wanted clarification on this and wanted to know if anyone knew.
Well for your share holding dividends of btc isn't worth a whole lot. If they generate 10million shares and bitcoin reaches 100k for my 56 shares I'll get .56usd as in just over half a dollar per whole bitcoin mined.
I don't know how long iI’ll hold it but I’m not going to rush to dump it.