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Sometimes when everyone else has doubt is the best time to buy :-)
Powder dry and keep nibbling at the dips and wait, eventually the market wakes up to reality that "some" miners will be making serious $$$$ when as bitcoin moves higher.
I'm close to capitulation myself.. I want to get rid of these miners, I was expecting them to be higher when btc went up but the market really isn't keen. 3 or 4 months ago I would never of thought 37k btc would have barely an effect on the miner price and to see them fall when btc is rising makes me just want to get out and invest in something more sensible like unicorns
Let's hope so DS
Theres only a few miners now that have outperformed BTC this year. Slowly but surely we can start seeing the winners and losers in this space.
GST on fire...
Their exchange is ranked 32 on: https://coincodex.com/exchanges/
Some big volume showing on there which seems to make GST look cheap
DYOR and I'm probably going to get spiked lol
What do you think about Vinanz, it’s starting to rise!
They can just about keep it at -1%
Bitcoin is at 37k, they will be buying at close like last time.
I bought clsk yesterday into the close I'm obviously hoping it's bottomed out it does appear all money going mara way which makes clsk look value
ARB was a casino stock once and it did 💯 x
There were 39mil CLSK shares traded yesterday which is massive volume for Cleanspark. My working assumption is that they are diluting in advance of the quarterly (annual actually I think) release - and I suspect they'll have some sort of announcement - my guess is they have done another deal.
Could be wrong but that price action and volume is hard to make sense of otherwise.
Yes QBT is definitely a casino stock, but ARB is doomed with a short life expectancy...
Back in with a small amount
Casino markets conditions on several stocks but not complaining.
Just happy they keep delivering the opportunity to reload cheaper and then sit and wait for the next rise.
This is a safer bet than qbt
I like this Doctor of Dump & Pump who is one of the few people talking about Wyckoff Distribution and how BTC looks to be in Phase C.
I'd say he nailed it yesterday : https://youtu.be/TBGfapcaXbg?si=CdCojRpamrpU4KGM
I'll be following his channel to see how Wyckoff plays out and if we are heading for Phase D and E or if Wyckoff Distribution gets cancelled;
Bitcoin Bull Trap - BTC In Wyckoff Distribution - Bitcoin About To Start It's First Test To 32K
https://youtu.be/MnHPPWUWj30?si=_wwIJi8V4BblY61x
Mr Beck - Fair play to you, I couldn’t do it ! As much as even Stevie Wonder could see QBT was gonna rise, I just couldn’t bring myself to buy ! Do I regret it - Yes, could have made some wedge - But honestly I’d be betraying my self in f I did - I see it as the biggest con ever on AIM - A 2 bit company scraping cash to get by, magically worked out a way to make bitcoin mining 2.6x faster ! No fxuking way - I think Harry Potter more realistic - A ginger kid with 2 friends - No chance 😳
. cant think of any sensible explanation for it. Just sentiment and accessibility.
Yep and I just wish for the above to return to Mara , my biggest holding. Sentiment..and more of it. Sod the shorters…
Powell rug pulled us today in the end, what an attention seeker
Really unnerved by recent US miner price actions. My HL US miner share trading account used to dwarf my Halifax LSE stocks by 4 to 1 but now thanks to recent punts on QBT and ARB its almost caught up and soon to over taken them...
And I dont even believe in QBT or ARB as a business model... I guess the uk based PIs are piling in seeing the recent BTC moves and fomo kicking in... cant think of any sensible explanation for it. Just sentiment and accessibility.
“Chops i hope for your sake CLSK turns for your price before mayhem hits x”
Yea I hope so too . But I’m keeping an eye on it daily and will have no hesitation in selling at a loss if need be . it’s only a small investment I made to hedge my bets between 2 miners and if I make loss or gain it’s all put down to increase my experience with regards to making investments going forward.
I think your wrong Dagenham, I think Mara explained a lot in its earnings call last night.
80 million shares in Mara traded today thats around 800 million usd. Thats its own story in itself. I'd imagine quite a lot of that money came from other miners.
Chops i hope for your sake CLSK turns for your price before mayhem hits x
If exactly one month ago with BTC just under $28K someone was to tell you that BTC would be at $36.2K and yet CLSK and Riot would be down over the same period and others like Mara would only be up single figures you'd have told them to slow down on the acid...
Really rubbish reaction to what is a rather strong move in BTC.
“fears coming for CLSK Holders imo”
I hope not as I’m holding some of these. However , I have every intention of selling my shares as soon as it pumps to my buy in price or a little higher, Hopefully.
I doubt it. mara was up 20 percent and now 7 percent. it is following the same path. mara would have held the gains to prove it was a cut above the rest. nothing has changed. all miners are still struggling and in there very own bear market.