Member Info for Money_nvr_sleeps

Some bargains to be had with the miners when they open in the afternoon. Time to add some more

@CLSKBull @Chaebol @Misterbeck - haven't been on for a while, but appreciate the comments. Genuinely not here to score points though or have petit arguments with random people - just want to make money that's literally it. some of the knowledge and idea sharing on here is top notch. Literally just wanted to share my buying/selling strategy and hear other people's, not saying one is better than the other etc but selling up in March has turned out nicely.

With the halving event occurring i'm starting to buy some miners and will be the same ones I mentioned - CLSK, MARA, WULF, IREN and DAGP ETF using Interactive Investor (pay no fees currently as took advantage of their free £50 trade offer I posted).

Would much rather there continues to be a collaborative effort to help each other out so we can all make some $$$

Very bullish for the coming months and I think the business-end will be around November/December when things will really ramp up so see the next couple of months as a re-accumulation phase of those aforementioned miners.

Good luck all!

*and MARA.

Castletogo - Yeah I own a small amount of Cipher but won't be buying more. Think Terawulf offers a lot more value. Will be buying up WULF/IREN/CLSK/DAPP in ii over the coming weeks post-halving.

Not engaging with THAT person who just replied. childish.

Just a heads up for anyone looking to change providers. Have just set up my 24/25 Stocks & Shares ISA with Interactive Investor.

They have a great range of crypto/bitcoin related stocks (unlike Barclays who only have Argo & MSTR). They have low trade fees and if sign up before tomorrow they are also giving £50 in free trades.

I'm holding out until after the halving has occurred then going in full on purchasing miner stocks - WULF, IREN, MARA, CLSK along with the DAPP ETF. Expected drops leading up to the halving due to uncertainty in the market, and some further drops immediately post-halving before things settle (i've said this for the past few months and is my buying strategy, if people feel otherwise or have different opinions that's all good, but i'm sticking with this and so far seems to be the case pricing wise).

Yeah it's not easy, but to compensate for that it's always worth keeping some dry powder on the sidelines to jump back in IF things start turning sooner than expected.

but yeah i'm sticking to the plan. we will all make money at some point this year.

Yeah it's anyone's guess really but I've got a plan and sticking to it.

firmly believe it'll be choppy post-halving, start to settle over Summer months, and push towards $100K end of this year.

i'll be buying the majority after the event has occurred and my opinion has been CLSK will hit 15 within the next month (before going on to ATH's end of this year along with the other top miners - WULF/IREN/MARA).

Yeah growth, I still think there will be a dip post-halving. holding off buying for now during this volatile period. each to their own but i'm expecting some bargains (be it short-term) immediately post-halving. before a solid run up to the end of the year.

@404x - you are right, I stand corrected. their business model is different - sell right away/don't HODL. my bad.

@CLSKBull - recommend you check out Interactive Investor if you're open to switch S&S ISA provider for the new tax year allowance starting in just over 1 week.

that's who i'm switching to from Barclays, who as a bank, have hardly any crypto stocks as they deem them 'too risky' yet dodgy traditional miner and gas stocks are fine lol.

anyway they have a great range of crypto stocks and their fees are very competitive. they're backed by ABRDN formerly Standard Life.

@denisthemenace - "but is it time to buy or is it too early" that's the key question, and there's varying opinions of that on this board.

my own view I've posted below, if I'm wrong, so be it, but the lion's share of my purchases will be made immediately post-halving. I respect anyone else's buying strategy as it's darn difficult to time this thing.

And to your point CLSK, the HODL of those Mid-Tiers are still substantial. IREN's 5375 BTC HODL is not to be sniffed at.

still holding 30% of miner stocks, and the full 70% dry powder on the sideline for immediately post-halving. will be snapping up IREN/WULF/BITF/CLSK and a tiny bit more MARA.

Yeah re-location or go the liquid route. either way that's a big time and money investment plus loss of mining during that time. it does put me investing more into Mara slightly.

it's another reason those aforementioned Mid-tiers are becoming more attractive, whilst most have some level of debt, they don't have the same overheads - or realised market cap - as Mara.

Well I certainly won't discourage a buy recommendation for IREN or WULF.

CLSK & MARA are both solid buys. doesn't need to be one vs the other. just buy both and watch the healthy competition unfold. will be a win-win situation.

@CLSKBull - tbh the CEO news I don't know much about. unsure of the reasons behind it but as long as it doesn't affect the technicals, I'm not concerned.

BitFarms are on course for achieving 17 Exahash by the end of this year.

Good to see Cipher & Terawulf doing so well. Reinforces the growth potential of these mid-tier miners post-halving.

Excited for Terawulf, IREN & Bitfarms in particular and will be adding all 3 significantly to my ISA post-halving.

Yes let's leave it at that dagenham. i've had enough conversing with a smooth-brain simpleton.

@bowlers fair enough, no one is here to make friends, just share opinions on Bitcoin miner stocks.