RE: Bitcoin crashes20 Aug 2023 14:17
Lol Chaebol, hope you are keeping well. This price drop (if it drops further and stays low for a few months) before the halving, is advantageous to MARA, RIOT and HUT8, maybe even hive. They have plenty of money, easily ride this out.
CLSK doubled their hodl last month and I believe they intend to keep adding to the hodl. Only problem is, if price of btc keeps dropping, come halving and btc is still low, clsk might go the ARGO way.
Just my opinion, same as my opinion was to take your money off the table, once in good profit. I didn’t listen to my self and foolishly bought back in. Never mind, I still have loads of powder, this drop might still work in my favour.