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Tbh i used to hate mara. But it is very obvious that mara is nr 1. Market cap dictates the winner in this space. The rest just follows if money is managed in a decent way.
That s what i was considering aswell , post halving would be the best buy. But i feel like all miners have taken such a beating that we can t be that far off the true bottom.
Been staying away from miners for a while now , but is it time to buy or is it too early. Miners have given me a hard time. I m not touching argo for now unless there is some clear development .
Anyone here still in mara? Seemed like a good point to buy.
All miners are nosediving. Loads of buying opportunities or are we still waiting? Idek what is a good buy rn.
It s just hard to see arb bouncing anymore. They literally stripped themselves of any value they had. If it drops any lower i might scoop a few but i m very reluctant of buying any miner atm.
I took a big loss. Moving what s left into altcoins and a small pharma play.
Say argo reaches 500 mil mkcap. 20% raise would settle the debt and have some leftover for maybe some new machines? Then they would have to apply for another loan to add more machines , but being given that they are such a small player i don t see how they d have priority in ordering anything when you have all these other big players that can afford to buy at a premium. Correct me if i m wrong. Open for debate.
Sold today , looking for better opp. Good luck to everyone still in . This can either 10x or go bust , no inbetween. The reason i m finally sold is due to no updated , no plans no nothing. There is no clear path ahead. That being said this could always jump on the hype train , reach an insane market cap , where a hefty raise or 2 could bring argo back in the game.
Il capo is funny, he can t take an L lol.
30 k btc in play? Or painfull sideways for weeks. This is not what i expected imo. My altcoins are taking a huge hit aswell. Argo worst performer in my portfolio ,alongside penny stocks.
Damn this week has started terribly. I expected a minor pullback but this had me surprised. Miners are def one weird play. Im curious to see what next few weeks bring in terms of etfs and btc price. My last move , doubling down on argo has def been a bad one , for now. Down on mara aswell atm as i was too greedy as usual. Only alts seem to do well atm thanks to ethereum pump . Just goes to show how little we know the market. #humbled 2024
Doubled my holding today. Still high risk as always but the etf approval is a game changer to me.
I agree hexam. This dilution is just to buy some extra time. Timing is brilliant if the etf gets approved. But yes they do need to raise alot more.
My order just went through....it takes so long i just go open market. 23.5 filled , i ll take that
It s a risk but i m buying some more today. Not ideal but depending on the etf approval. Risk it for the biscuit.
Imo everyone should be risk on. Look at small cap altcoins. Chuck in some money in a few. I am all in crypto. Full miners and altcoins. Making a killing already, but i am greedy. But the way i see it , this is barely the start of the bullmarket. The only thing i m curious to find out is how the etf will impact . We won t know until it happens. What is everyone thinking?
Opening a short in any miner regardless of their financial situation right now would be a big silly sauage move in my opinion. I got a few miners i dislike but i m not planning to short at all. Maybe in a year and a half or so.
Mara taking a good old beating damn Xd. Should have shorted that ;)
Time will tell sir. Look across the market and you will see thousands of market caps that make no sense. People will buy the promise. Money from mara will roll into argo aswell. That is my idea and nothing can change it.