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I’d genuinely be happy with some further dips to BTC to $40K - that would create some real miner bargains
Will be watching BTC closely Sunday evening as that’s usually the main sell off day. Could create some nice opportunities on Monday. If it stabilises I’ll be topping up various holdings .
Dangerous time to buy IMO - wait for it to settle otherwise likely to drop further
Note the miners I will buy following the halving will NOT include Argo. they will be other miners which have far better Exahash, BTC HODL, expansion/acquisition capabilities and readily available funds to invest in more advanced mining computers to stay ahead of the pack (hint hint this will not be Argo).
Certainly no doubt in my mind about the benefit of holding BTC miner stocks... between now and April halving at least, should see some profit.
i'll be selling a good chunk of my miner stocks by April and that certainly includes the majority of Argo.
will be re-buying miners after the halving (expecting at a discounted price given potential sell-off/reduced rewards) and holding these - generally the bull run properly starts from the 6 months+ following the halving.
Those who have bought around the 20p mark yes I think you’ll make profit in the short term.
My average is 31p and I sold some off when it last hit 35p the other week, will be doing the same next time it gets to this level.
It’s all about Exahash and Bitcoin HODL and unfortunately Argo are lagging way behind the top miners this time around.
Indeed, there are no guarantees but think most of us who have been in Argo since 2020 can say with a lot of confidence that this miner is not going to get anywhere near a 3-figure SP this time round.
Anything above 35p is a good price. We may see that in the coming months.
Yes Hexam, it's nausiating....
people freaking out over minute-by-minute, hour-by-hour price movements today for such a highly volatile asset screams how little research people have done - if any.
if someone has taken the time to research the crypto market and it's cycles, alongside profit/loss, exahash and bitcoin hodl of the mining company they're investing in, they wouldn't be knee-jerking on movements because they'd be confident of their due diligence taken.
Ultimately unless you're a trader, which i'm not, who cares what happens in-between A and B if ultimately the share price is a lot higher at B.
*stop clicking
Too many crypto amateurs freaking out about daily movements on here... seriously get a grip. ZOOM OUT and look at the prices over the course of a week+
I hold multiple Bitcoin miners and am not phased in the slightest. obviously some stocks will take a dip whilst people profit-take. it'll recover again in no time. just relax and stock clicking the refresh button.
If Bitcoin $50K I’d say 50p ARB no chance.
Realistically back to around the 35p mark.
Wen Lambo
Hope that's not the same Michael Edwards who was the CEO of scam crypto company Centra Tech LOL
if you don't know what I mean watch Bitconned documentary on Netflix, won't spoil it but it's hilarious/disturbing at same time.
Nice to see Ethereum pumping, and thus Layer 2 alts. My Polygon bag is on the rise.
Will help Hive Blockchain out a bit too.
Yeah I believe it was a genuine post but was inadvertently sent prematurely by an SEC employee
Be interesting to see how they reword it rather than copying and pasting the following day lol
If, on the otherhand the SEC U-turn and deny the ETF after that embarrassing mess up they really will look ridiculous
Yup long term Mara for the win. Argo could be fun short term play at these prices tho.... I was meant to be downsizing my ARB hold but this price is tempting for a short term punt lol
If the ETF does get approved today then I do expect there to be a lot of FOMO investors jumping in.
I joked yesterday bout sell the news but actually think BTC will pump purely by retail and institutions FOMOing in “last chance to buy at this level”
I reckon it’ll pump for a month or so, take a dip after halving, then boost to ATHs around November onwards.
Https://m.imdb.com/title/tt0106582/mediaviewer/rm841387520
hanging onto my tanked crypto portfolio lol
That is F*CKING HILARIOUS hahahahah
Sell on the news has officially kicked in LOL
Brace yourselves for a choppy ride all.
It's official - the SEC have just announced it
lovely.