Member Info for dagenham

This volatility is going to go on and on and on. it will not change. you will not get big quick gains without it. and all the miners went up. so fundamentals did not count. 300 percent gains up. 50 percent or more drops is par for the course. say the end of the bull market and a huge top for bitcoin in 24 months. that means some awful drops but you still win big time because of the parabolic moves up and in the end money making money. we all hate these drops. so diamond hands or do not greedy. take profits after a big rise. probalby a combination of diamond hands and not getting greedy in a basket of miners is the best course of action in my opinion. i will not mention any miners as we are not allowed to mention miner names. lol.

Terawulf hit 4 dollars last time so that would be first step. i think bitcoin is going to 57 thousand short term[ coming days/ weeks] so selling early will be a bad idea. and of course diamond hands for some of your shares as the secter bull run picks up pace.

Although the miners long term[1 to 2 years] will run with bitcoin so bitcoin at 150 thousand dollars and the miners still around will all have done very well. short term they still run with bitcoin but all depends on the time of whether they are getting manipulated. it is why we see sometimes bitcoin going up and the miners struggling and vice versa. bitcoin struggling and the miners going up. alot of delayed stuff in this game. if you just wait in a bull market you will be ok. but tell that to the chat board. it is like it is going up. nope. it is going down every 5 minutes. lol.

The SEC waited till the last minute and with the tweet the day before managed to take the wind out of bitcoin. if you wait long enough the opposite happens as it becomes a case of so what. so then it is just waiting for the move. it will not be long but the 5 minute brigade are going to have to wait. at least this way gensler has done them a favour. the dummies are less likely to get caught on a spike as they have to wait for the move up.

Ark. wow

I am going to have a few beers regardless of what happens today. yep. it would be great short term profits on top of other profits but if your diamond hands also you are okay anyway. look at how volatility already. so strap in, have a few beers etc.

It could be that the tweet was to go today after market hours to give no one an advantage. however leaving it to the last day has caused all this.

Genslers says the only thing you can trust is from the SEC itself. lol.

Fancy them leaving it to the last day to approve it and then it gets hacked. it is going to look stupid if ETF are not approved today. a choppy market indeed but so manipulated. some people are going to get really mad and leaving it to the last minute is just stupid.

Infact the boat has already left. your average price on these miners if you have been around since january 2023 should be very low. like 3 dollars for clean spark and around 6 dollars for mara. 2 examples. if your average is way higher than that then your leaving yourselve open to all sorts of problems with sudden drops etc. for example if your average in clean spark is 9 dollars in clean spark and 19 dollars in mara you need a good slapping . like you have been around all year with chances of buying very low but end up with a very high average. hardly sensible because any drop is going to hurt. so you then are totally reliant short term of etf getting approved. hopefully that will be the case but if your not your high average will cause panic and get smashed. it is simple maths. buy low and diamonds hands in a bull market.

Price action in bitcoin is good to see with 2 drops from 35 thousand before etf get approved. as for clean spark as said by a basket of miners and buy low. if your going to flip flap and buy on spikes and worry about selling all the time the boat will leave at some point without you on it. clean spark will end up one of the best miners. and they all dilute in some form along the way. clean spark was diluting at 2p/ 3p. and just look where the price is now. so it makes no difference in a bull market in a top quality miner.

It sounds like with agreement and cash creates some will be ok and others delayed. so it does not matter as long as some get approved. it then becomes which day for some to get approved from now to the 10th january. not long to find out that is for sure.

They need spoon fed in this game. ramping away and then panic and then oh no. lol.

Typical market mechanics. panic people out so they do not benefit. it is what it is. no one likes days like this but you do not get 300 percent return for no downside at times. and this does look like the drop before another big rise if etf get approved in a week or less. so flip flopping and flip flapping is just going to lose your shirt. diamond hands win in bull market until it ends.

I meant rose from 44 to 45 thousand.

It is the timing of the market opens and bitcoin rising overnight. if bitcoin rose from 34 thousand to 35 thousand when market opened miners would be up 20 percent. but because when market opened bitcoin dropped back so did the miners. you could not make it up. providing bitcoin holds miners should go up during day.

The chuz. yep. that sinking feeling of going down with the rest. 90 percent of the time that is right. look at aim stocks in general. 80 percent of people that hold just go down with the ship never to come back. so there is one major difference between arb and the sinkers. secter bull market. it is rare but it is what it is. hardly any sinking ships recover from 2p to 35p. they go to 0.2 and then survive for years down there or go bust. so yep. rare situation indeed.

I was looking at 2022 and that seems to be the problem for alot on here. the losses. even now if you look all miners are still massive down from there highs back then. basically 2022 was like the dot com top in 2000. so it is what can be made 2023 to 2025. the prices they got to no longer count on any of the miners.

So it nearly hit that 37p i was on about. that is now what i am looking at. if it gets over 37p then that is really good. it has had a really good run nevertheless. but 37p in my opinion is the test.

It makes not a jot of difference anyone going on about fundamentals in arb in a secter bull market. just enjoy the rise and making money. as for those with high average it forces diamond hands on them.