Member Info for the_Chuz

"If by March the Mara SP hasn’t improved or declined I have two options, sell for a loss (my average is $10 ish) and move into the safety of MSTR - or average down with everything I have and bet on the historical rhyming cycle."

In the same board with avg around 10, I'm expecting 35 by march, either way it will be bail out time and into mstr or similar.

I'll be slightly more concerned if it drops through 26.3k.. Just coiling up for the moon shot.

I must admit I was expecting it to break to the upside but no it chose downwards instead.. Won't be too long before we see a big ol vertical line upwards.. I'll be glad to get out of the miners and stick to just holding btc.

I think the miners will blow before the halving and then collapse afterwards.. Then we will see who comes out of the ashes.

I'm not sure anyone knows anymore..

High bond yeilds should be bead for btc, the dollar strength should be bad for btc.. But it doesn't appear to be having any major negative effects.

There seems to be non tradition (historic) support coming from somewhere and not just flitting up and down with gold, dollar. Bonds etc.

Right now I don't think anyone has a scoobie doo over what's going to happen.

If it crashes the bears will state it was obviously that it has crashed, look at the charts, sentiment, resistance.

If it moons the bulls will say it was obvious, look at the charts, the support and etf sentiment.

I just need to ride the run when it happens and cash out the majority of my holding which should then be pretty life changing. Then I think I'll buy insurance companies because premiums have got daft +25%

Might be some fun and games today, get your timing right.

"Fcuk me we might actually have a green day for Mara and co here lads"

Still plenty of time for it to go down the toilet with a big rug pull.. Could really do with a couple of green days though..

I thought max pain was around 26,500 for options tomorrow.. The market might just be fishing at the moment.

Or

It's finally rocket time

"But it just keeps on dipping :("

Its OK, buy the Dip but don't catch the falling knife and be greedy when other are fearful but remember the trend is your friend.

Unfortunatly the board will know that as soon as btc goes up significantly retail will flood back in like nothings happened and will all be happy clapping.

What's good for the company is not always good for existing shareholders.

When the company talks about driving shareholder value they are not thinking about current retail investors. The money that current retail has invested has be collected already.. Its future shareholders they need to sell debt/equity to, current shareholders have already been bled.

They would understand the impact of issuing shares and know that sentiment is fickle (just look at the forums from one day to the next).

OK, I've got an Argo one... How long do you think it will be until we get a CEO called Jason?

It will be interesting to find out why Maria's Mara pool is now running at 45eh..

"I think I've stated I play with 10k and have broken even over last 3 years pot has swung from 4.2k to 16.7k I enjoy the buzz better than renting a yacht in st Tropez for a week"

If you genuinly enjoy it and don't mind losing everything then 10k spent on so. Thing you enjoy is fair enough.. To be about break even after 3 years isn't great since you could of just bought a index and ignored it.

You should be able to do 15-20% a year especially the last 3... Don't forget that inflation too munching away at it.

Try not to lose it all :-)

I'm seeing the signs of capitulation on other forums where retail are giving up on crypto and throwing in the towel on thier crypto stock holdings... A very good sign we might be on the turn.. Maybe a little lower but I don't think it will be long now (says the guy that was waiting for the super support at 27.5k ha)

@Hexam

Agree totally with what you say but it's a bit concerning that it was done at such a low value. Yes if 76 wasn't hit at due date then it would need to be paid in cash but it's 3 years away, surely we expect mara to be over 16 at some point in the next 3 years at which point we could if just dine a equity raise.

Unless other news comes to light I will remember it as an investor screw-over and not in the best interest of current shareholders..

I think Fred a has said on a number of occasions... Share issues are to be used for the growth if the company not ops.

"Unless they have employed PW, then it makes complete sense lol."

Starfleet galactic commander (or whatever the b****** it was) as special advisor to RIOT... Imagine that.. Urrgh

"Kr1 SP not great I agree"

I sold kr1 for 52p back in March when btc was around 23k

Btc is now at 26k and kr1 is 46p

It is so illiquid it is a challenge to sell any reasonable size holding although it's easy to buy it which makes me think there is a queue of folks lines upt o offload it.

On paper it might seem OK but in reality it was not a nice experience, if it was on a diffent market it might stand a chance.

"Theeeduke. kr1 up 6 percent today. a bit of a hedge in poor market. i still got my kr1 shares."

Kr1 is a massive pile of illiquid poo..

"Looks like bitcoin is heading back around 30k."

Got a few obstacles to get over first but atleast it's in the right direction, I'll be feeling much happier when we are the other side of 27,500

"A tiny bit of recovery would do. say bitcoin moves to 26 thousand 400"

If it can get through 26,200 then it will breeze past 26,400 I reckon... I'm expecting it tonight :)

"The chuz. you will probalby be ok. just give it time. you just jumped the gun in bearish conditions. 5.2 will look like a good buy in a few months or weeks in my opinion."

Im actually quietly confident that btc will rip soon mainly because of all the doom and gloom about it right now.

I just hate buying the tops even if it's just the high for the day.. Although the thing I hate worse is not buying and then it shoots up.

Come October time I don't think I'll care in the slightest as we should be going up well with btc.

Pays ya money, takes ya chance.

Managed to pick up some more cleanspark today at 5.2.. What a bargain except its now 4.88.

I am the king of buying at the top

The last buy was cleanspark... Im now, mara, riot, cleanspark and tesla..

As portfolios go it's looks like someone has dropped a bottle of ketchup and left a bit of a mess.

I've been buying the dip from 28k down and now I'm all in.. So would prefer it to turn round about now