Member Info for Money_nvr_sleeps

There’s the pull back to Bitcoin.

Expect another one post-halving.

It never just goes up in a straight line despite what a few people have said about the strength of the ETFs. There is ALWAYS retraces.

Mara is in the bargain bin right now, anything sub-$20 is a steal.

I'm particularly interested in a number of mid-tier miners such as Bitfarms, with their target Exahash of 17. WULF and Iris Energy (IREN) are also at the top of my list.

If these mid-tiers get to their target EH by mid/late 2024 there's a ton of upside potential.

*mining

Really, the best thing to do with ARB would have been to sell at a loss and re-invest in other stocks to re-coop said losses.

lots of us have been saying get out of Argo for months now but were met with aggressive responses from rampers calling us shorters LOL

If you're going to hold throughout the halving event onwards then best of luck to you, don't want anyone to lose their hard-earned cash, but it does look bleak - why would an investor want to take on £70M+ debt to get into hosting when they could just use that money to buy their own brand new infrastructure.

The miners will U-Turn at some point, no doubt. I did sell the majority of my miner stocks over the last few weeks with these further drops in mind. Alot of it is sentiment driven - fear, uncertainty & doubt is making the miners get oversold.

Just needs the halving event to actually happen, be done with it, then people will move back into miner stocks i'm sure.

Similar, I bought mine end of Feb and it's 71% up. Won't be selling MSTR until late this year. The stock isn't overpriced providing Bitcoin continues to rise and we're all expecting it to hit the magic $100K sooner or later.

Yup I’m not selling my MicroS stock until later this year

Will buy back MARA/CLSK/BITF/IREN immediately post-halving

I know i'm probably in the minority with my viewpoint, which I'm fine with.

Ultimately I hope we all make some (more) money from crypto this year.

Well actually, the cycle has been very similar the last 3 bull runs with the pre and post halving price movements.

and for each of those cycles many people said "this time is different because of XYZ..." "the market won't tank/there won't be a crypto winter"

we are all sharing opinions, and different opinions are fine. I'll be sticking to my strategy based on expected pull-backs post-halving.

I bought some MSTR a few weeks ago and will probably hold onto that throughout..

Im always wary of “this time will be different” it gets said literally every bull run. There’s always a retrace. Anyway its a good thing, means a few bargains can be scooped up.

I think there will be a short-term BTC retrace immediately post-halving. Let’s see. Only a matter of weeks away.

Each to their own PI. I'll be buying up certain miners post-halving. I'm definitely expecting some pull back, at the very least in the short-term immediately post-halving. It's perfectly normal and has been seen in previous runs.

MSTR will be fine

the miners are incredibly volatile due to the halving coming. I'm glad I've sold 70% of my miner stocks. expecting further drops immediately post-halving, with Summer being an accumulation period. Miners will catch up towards the end of the year.

Wulf & BitFarms both excellent mid-tier miners. providing they get the forcasted Exahash in place and on time, could be a lot of potential growth in these two.

@Theeeeduke - +1 here for Polkadot. Have been holding since 2021 and earning a nice 7-21% via staking on Kraken

Despite low price movements DOT has kept in the top 15 for market cap and with the launch of 2.0 the technicals and use case improve further.

A bit of a sleeping giant in my opinion.

@CLSK well it’s certainly going to be an interesting next 4 weeks. We can only share our opinions for what might happen in the future.

If BTC did hit $100K by the halving and stayed there I’ll be amazed, but I’d be happy too as still got 30% of my miner stocks.

I still think a dip post-halving to both Bitcoin and miner stocks with the true bull run starting end of the year. I don’t want to be left bag holding either but end of 2024/2025 gives a long time for gains if it goes the way I think it will. Time will tell, good luck with your holdings.

As we are fully aware, the crypto space is fuelled by sentiment. There is uncertainty about the impact the halving event will have. On this board, we may have differing opinions on the technical impact it will have but the fact that it’s still looming is by itself a form of Fear, Uncertainty & Doubt aka FUD.

Once it’s out the way then that’s where I see pricing correcting but more importantly serious money coming into the miners from all angles.

I see the Summer months as accumulation phase (prices may be steady) leading up to a big run up in Bitcoin price at the end of the year and into 2025.

Personal opinion is it's worth holding off from MARA (and all miners) until the halving event has actually occurred.

Fully expecting some pull back to Bitcoin price immediately post-halving, and in turn, the miners.

Yep Wulf are a great mid-Tier miner. the low cost of electricity via renewable/nuclear-power is a strong USP.

Sold the last chunk of my ARB today (bar a measly 1000 shares). No way is this getting back to my break-even point of 31p.

Have been selling since it hit 35p earlier this year. Re-invested back into Microstrategy and keeping some on the side for when the miners dip after the halving to scoop up some MARA/CLSK bargains.