Dec. 31 at 3:24 PM
$SUIG I was flirting with the idea of selling my entire position but then realised, we are likely bottomed and it would be capitulation. I am currently under water by over 59%.
I instead choose to almost double my position and wait for rebound. This company has P/B of 0,35 which means it trades significally undervalued comparing its assets.
Since it is effectively SUI treasury company, its price is highly correlated with
$SUI price swings and I tend to think that when metals rally is over, money will be returning to crypto overall.
What are your thoughts and how are you holding on?