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Scruff. with me it is just a load of experience from as far back as the dot com boom. and even then it is hard at times holding but i have seen how this can play play out given time. the bear markets what you are on about you just need to sell the lot at that time. jimmy stocks. i would prefer bitcoin hold from wulf and i think that is there only weak point in a rising bitcoin price. would not surprise me at all wulf hitting 7 dollars which is a great return from here and it moves so fast when it starts. but posting at times become more pointless when you are told your an idiot from a poster who actually said do not put money into clean spark at 2 dollars etc. i mean you could not make it up and i am the idiot. and then some back him on here. that is why i may just do my own thing rather than silly toxic posts directed at me or other experienced posters.
I think most readers of this board welcome investment ideas and strategies from those who have done well over time, so long may that continue.
Buying strong miners cheap and just holding throughout the run-up to a bull run is hard to argue with. I think my main takeaway from 2021 is that holding can also be costly and so this time around I have been the complete opposite of loyal to a share. If there is a weakening I've bailed and so far it has meant my profits have been good and haven't eroded like they might have. Kept me busy though!
I find myself currently very heavy once more in Mara (45% of pf) whereas a few days ago I had none. Very small amount of clsk & mstr which were large holdings mid-week. The rest I sold and is cash ready to re-invest. I guess I'm of a mindset of profit protection over the long weekend. I'd always rather miss out on gains than take a heavy loss. I'm certainly not saying my way is best but it's good for me at the minute. I know others fare better with their own approach and good luck to them
Where I will definitely welcome input from the experienced many on here is regarding my big question: when to start selling in relation to the halving...
GLA
It is an interesting one, whether miners should hodl or not.
Nobody is thinking about the bear market, and hopefully we've all banked big profits by then, but any miners hodl'ing, if they get the offload timing wrong then it could end the company or result in massive dilution. I suppose selling straight away, ala WULF, is just effectively DCA'ing out, reducing risk in an already fairly high risk sector. Not saying I don't wish they'd gamble slightly and hodl some this next 3-6 months. But then, dilution would be more so no easy answer.
Also miners in a bear market will now have the other revenue stream of AI. Be interesting to see Bit Digitals margins in that area when numbers arrive. Think they are a dark horse for some big gains at $300m mcap.
Ok. fair enough. time for me to move on from posting altogether on here. if people like poorinvester posts and some other toxic lot on here so be it. i like posting but not interested in toxic posts. and i am all about making money the best way possible. clearly people prefer poorinvester. so good luck everybody.
I suppose i am an idiot for putting money into clean spark at 2 dollars, mara at 6 dollars, tera wulf at just over a dollar and holding them in the last 12 months. if that makes me an idiot on here so be it. over and out.
Nice to see you are still calling me. still bearing grudges where i have move on from the tit for tat crap. i will give you one thing. the wulf will do well and that i do agree on.
I said near future Dagenham.
“IT’S NOT THE SIZE OF THE DOG IN THE FIGHT, BUT THE SIZE OF THE FIGHT IN THE DOG.”
Mark Twain
Bitcoin miners are a little like that if I’m allowed to argue. The big money will be made in the medium and small miners in the near future. I can’t see MARA or CLSK getting to forty bucks in the near future (I have to be clear because Dagenham is an idiot) However I can see wulf getting to eight or ten bucks in the near future. I could be wrong.
I’m invested in MARA heavy, I believe it’s the best and least risky miner to be invested in but the returns will be better in WULF.
Imho DYOR
just read Dagenhams posts, you will conclude he is an idiot lol.
So have a good bank holiday weekend folks. monday will sharp come around and next week and then we back at it again with the ups and downs.
When people are on about mara not doing well and now all the shenanigins with clean spark. when i look at it i do not see a problem. it is because i bought so low. i still have my mara shares at 6 dollars buys and so 22 dollars looks great. so it is buying at way high prices or putting your average way too far up. then when a drop comes you get hurt badly at that time. of course if mara was to drop overnight to 6 dollars i would then see a big problem. but that is very unlikely to happen in this market. so it just boils down to when you buy and timescales. i can wait for mara to hit 40 dollars plus but if it does not i am still coming away with some profits. all i can say is keep your average as low as possible if the drops do affect you to panic or selling at the wrong time. just my opinion but mara price dropping at anytime hardly will affect you if you bought for a few dollars and not 30 dollars or whatever. anyway regardless we can only look now. so we are all in it to win in the future.
Chaebol ,, I agree , when Mara gets momentum it will fly , like I said I will stick with Mara now it’s a case of when not if for me 🤞
People own personal timescale of how long they can last in a bull market, being in the best miners and how quickly bitcoin moves is what will count in the end. if it was all over in 2 months with mental prices before the big drop that is great but if it takes 12 months or so for the top that is great also. you will not fail because you are in it all the time until the end which usually we talking a parabolic move.
Ian, Mara still hit 7.2 billion MCAP the dilution is whats killed MARA sentiment last few months. CLSK just kicked the sentiment bin Maras way and does look good for a run now just depends how long we keep it for.
Should be good and a lot of money should be flying maras way next week.
Does make me laugh Jimmy with the miner HODL it was fine selling at 25 30 40k but whatever you do, dont ever sell your btc at these high prices, start selling them again in the downturn.
Miners with Hodl's need to start trading them far better than they are and Mara is the worst at it by a long way.
Jimmy stocks. good point but that would be worse. to sell there hodl would be way worse. i expect them to be getting a bigger hodl not reducing it. so many reasons why clean sspark is the best. expanding rapidly, very low debt that they can easily pay off, increasing bitcoin hodl, way faster and bigger share price move by a mile than any other miner etc. super company but they will now have hurt sentiment through them share sales at the wrong time.
This bull run is like no other for miners , 70 btc Mara 22-23 no one could have foreseen this , I think as so many others that this is a coiled spring , but where the point of take off is no one knows , could Mara still b under 30 even at 90 btc ? Iam certain btc will see 100 minimum this year but I wouldn’t have a clue what Mara would b , it’s so unpredictable like all miners atm unprecedented times for miners
Wonder what the reaction would have been if they'd chosen to sell their hodl to reduce dilution.
Additional 800 million is a huge amount for CLSK, the best rampers for them are still arguing on twitter if its an additional 800 million or 300 million its hilarious x
Know what you own ffs lol
It is the share sale that is the problem here. and that can hurt sentiment short term.
Wheres the energy capacity for all this eh growth in clsk?
440 ish MW theyve got right now and they going to need 1GW..... good luck getting that quick x
They'll 2.5x their hash for 800mil and likely do it before mara. It makes sense. But share sale before it poor form.
Jimmy stocks. yep . does leave a sour taste. i mean what are they playing at. directer sales and then announce this. some have said they had to because 20p plus was the price that was agreed on and they did not expect it to rise so quickly. but that might be rubbish. timing really mad but bitcoin in the next 4 weeks is what counts. a soaring bitcoin price and the best miners with bitcoin hodl will all go up. so clean spark and mara are nailed on if bitcoin takes off.
Chaebol. you should of bought in at 2 dollars when i said. wishful thinking is not going to get it to 10 dollars. if bitcoin crashes maybe, but your beloved mara would also get hit badly. of course never say never in this game.
Leaves a sour taste, selling that close to ATM, but predictable. Youtube 'miner experts' claiming CLSK wanting the money now is because they see an opportunity for M&A that can't wait...p1 ssing on investors and telling them its raining springs to mind.
CLSK gets some crazy luck so 80k btc could definitely stifle the drop that is due from this.
For the sake of that 15 million zach and matt made from selling their shares theyve made another 15 million dollar bonus from this 800 million ATM. They should have voided the share sale.
Sebs still firmly in Kok holstery land as are some of the other rampers, so we will see how good they keep retail in line x;)