Member Info for misterbeck

***** of a market at the moment. seems to be seriously over orchestrated by the mms trying to get the pis to capitulate - but im stubbornly holding my core miner stocks at this point. most are down 60% from what they were just 10 weeks ago. retracement looks over done and we are in strong support territory now. good area to add in my humble opinion. keep the faith. gla

No mrhanji, not me. I havent owned any ARB stock for well over a year. Sold out around 118p.

But the board has been adopted by uk-based btc PIs because it is the only one on LSE where US miners and crypto space in general are discussed on a regular daily basis. There are some residual ARB 'bag holders' of course but the majority of posters there are now looking at, comparing and investing in US miners ahead of the next widely-expected BTC bull run.

Not at all. The ARB board has evolved into a much larger crypto discussion board focusing on the whole crypto space and especially US miners. Tips and investing advice are shared for the greater good and in advance of the next and imminent bitcoin parabolic. Very useful and informative once you have learned to break out of your personal echo chambers.

Market not reacting too well to Francesco's latest effort to kick the can down the road for another 3 months...

more waffle and bluster...

Steve really you mustn't keep jumping on stocks between good news and bad news because you will end up buying the spikes and selling the lows. Bide your time and do your research and keep the faith. If you see a miner dropping 15% or hitting a 60% retracement then its worth checking out the fundamentals and did it drop for a good reason and weigh up if its worth dipping into. None of the US miner CEOs are trustworthy but some have better fundamentals than others. You can offset loses with one by hitting another at an optimum time. Mara is not flavour of the month but its fundamentals are still the strongest so you would be wise to keep a holding there.

Bought back into riot yesterday... looks like it is perceived to be a preferred and more stable investment than mara after their dilution. In the short term that is.

Good man Dags. I topped up on CLSK earlier. Already fully loaded on wulf so diversifying the PF.

Wulf isn't unshackled from prospect of further dilution and a little shadow over it coming into months October and November. Still believe though wulf is one of the the good recovery stocks.

For me, I would wait until we see signs that a reversal of current bear market has been firmly established before loading up. Whilst keeping 50% of PF in cash 'dry powder.' Identify + buy and/or keep invested in what you feel are the best 1 or 2 miner 'recovery stocks' - you need to keep one foot in the game as we all know the market can change very quickly and there may well be be a fast + dramatic upswing from these levels. All miners appear to have dropped approx 50% from what they were 4 weeks ago so I doubt they will fall that much further imho (gulp)... unless dropping to their 61.8% fib retracement support level.

Still retaining my Wulf as a recovery stock as has fallen over 50% from $4.00 just a couple of weeks back. Soon approaching the 61.8% fib. Should bounce back strongly as soon as the reversal kicks in. Got to keep something in the game just in case. Still feels like market manipulation is at play causing the BTC fall. The overnight news wasn’t that dramatic. Hoping for a bounce around these levels.

CIFR just tumbled from -5% to -16%. Had a small nibble there.

Still keep large amounts of powder dry until I can witness a definite reversal of these bearish conditions.

Not sure if current scenario is 'falling knife' or a great buying opportunity. For me caution pays.

Quelle surprise. Riot SP finally sinks below Mara... who would have thunk it.

@dags. yes was a very long disturbing train journey stopping at fantasy island and spiv junction and finally arriving at bull-****e central. mentally scaring and having bouts of ptsd... but pleased be reassured i wasn't converted.

Good advice Dags. Still hold my Wulf + Hut holdings moved out of Mara now + 30% dry powder. Cifr and Clsk on my watch list. Watching to see if/how much Clsk retraces. Still some uncertainty there. Even Riot is becoming attractive again at its current price.

Haha @Dagenham not the kind of person 1 would want to spend a long train journey with.

Did well to get into Wulf yesterday @$2.20 though below the 50-Day Moving Average at $2.31. I managed to add some at $2.35.

@ the_Chuz. You're a braver man than me, I admire your staying power. Its difficult to wait on the sidelines in anticipation of dip just before an expected bull run. Similar to you the sensible side of me is trying to keep some dry powder 'just in case'. But im not always sensible ha

I suspect yesterdays btc spike was caused by this combination of news. 1. Fitch's announcement to downgrade the United States' Long-Term ratings to AA+ from AAA. 2. Saylors MicroStrategy $750 stock sale - rummoured to enable purchase of 'a lot more' bitcoin.

@the_Chuz. It didnt quite dip to your predicted 28.3k or 27.5k (28.7k)retest but it was looking that way for a while. Like you say its very hard to play just now. Hope you managed to get in on some of the US miners yesterday.

Bit slow on here today. Only 2 trades showing and 1 was from yesterday. Que?

Totally true Dags. And im keeping some funds back just in case there is a btc retrace to the $26k levels.

Also keeping a diversified portfolio. My HL account is all crypto stocks but my other Halifax account is non-crypto low-risk slow climbing growth stocks.

Dagenham. Yes I noticed Wulf hit $4.00 around 3pm and was thinking right here we go btc is on its way again. 2nd time its recently hit $4.00. But I held off and waited for the retrace before adding more sub $3.50. I am sure it will smash through $4 again very soon and likely reach $10 within a couple of months. Like you said before, hold, buy the dips + keep some powder dry.

Dagenham. Yes still massively up on Mara, Hut and Wulf overall. I originally bought into Wulf around £1.30. And mostly Riot before that lot. They arise still full of surprises. Currently seems to be a lot of whale activity and orchestrated pumps + dumps. Incremental 1% btc moves creating 8-10% moves on the miners prices. Yes got to be patient and keep a hand in the game though because no one wants to miss out on the next imminent big move north on the bull run. Difficult to sit on the sidelines and be out of the game even if there is a short-lived temporary pull-back to the $26k zone.

https://www.cryptopolitan.com/bitcoin-whales-prepare-for-a-bull-run/