$BIT Mining(BTCM)$ not sure if-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$BIT Mining(BTCM)$ not sure if it looks good

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Comments

SPACE ROCKET
2023-12-21
SPACE ROCKET
Cleanspark on the other hand, has a market cap of at least a billion. American owned. Listed on American exchange. Advantages of harnessing clean, renewable energy for their mining + high hash rate + high profitability and efficiency + low entry price compared to MARA and RIOT. This makes Cleanspark HIGHLY ATTRACTIVE. The growth in 2024 may be exponential.

I'm not into SG stocks or HK stocks or China stocks listed on the American exchange. Basis is simple. If you're an American or European, will you invest in your country's own stock? Or would you invest in Asian stock? That is why stocks like GRAB and SEA are dying or going nowhere. Lacklustre publicity + interest makes the stock go nowhere.

Let's be honest, everyone loves America and American stocks. Americans, Europeans, Japanese, Koreans, HK peeps, Singaporeans are all trading on the US market to buy US stocks. Why not remain on our individual exchanges? Why USA? Thus, buying other countries stocks on the US market is suicide.
PhoenixBee
2023-12-21
PhoenixBee
@SPACE ROCKET seems like similar with cleanspark but is it good?
- SPACE ROCKET:
  1) BTCM is China owned. I'm not into how China peeps does biz. Dubious and risky.
  2) Market cap is low compared to the rest. Small company, may not be as viable.
  3) Not much publicity on this stock coupled with lacklustre institutional investors makes this stock all the more risky.
- SPACE ROCKET:
  I wouldn't invest in BTCM tbh, but it's just my views. Pasting you what I found. I can only upload a picture per comment, so sorry for the spam.
- SPACE ROCKET:
  At risk of delisting.
PhoenixBee
2023-12-21
PhoenixBee
Thank you for the insights
- SPACE ROCKET:
  Cheers matey!

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I'm not into how China peeps does biz. Dubious and risky. <br>\n2) Market cap is low compared to the rest. Small company, may not be as viable.<br>\n3) Not much publicity on this stock coupled with lacklustre institutional investors makes this stock all the more risky.","text":"1) BTCM is China owned. I'm not into how China peeps does biz. Dubious and risky. <br>\n2) Market cap is low compared to the rest. Small company, may not be as viable.<br>\n3) Not much publicity on this stock coupled with lacklustre institutional investors makes this stock all the more risky.","html":"1) BTCM is China owned. I'm not into how China peeps does biz. Dubious and risky. <br>\n2) Market cap is low compared to the rest. 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Pasting you what I found. I can only upload a picture per comment, so sorry for the spam.<t-t type=\"img\" src=\"https://community-static.tradeup.com/news/0c65ccf931f5ee2b3010f610e7b21afa\"></t-t>","text":"I wouldn't invest in BTCM tbh, but it's just my views. Pasting you what I found. I can only upload a picture per comment, so sorry for the spam.<t-t type=\"img\" src=\"https://community-static.tradeup.com/news/0c65ccf931f5ee2b3010f610e7b21afa\"></t-t>","html":"I wouldn't invest in BTCM tbh, but it's just my views. Pasting you what I found. I can only upload a picture per comment, so sorry for the spam.<t-t type=\"img\" src=\"https://community-static.tradeup.com/news/0c65ccf931f5ee2b3010f610e7b21afa\"></t-t>"},{"id":254385603051808,"commentId":"254385603051808","gmtCreate":1703142516364,"gmtModify":1703142523295,"authorId":4093561479903300,"author":{"id":4093561479903300,"idStr":"4093561479903300","authorId":4093561479903300,"name":"SPACE ROCKET","avatar":"https://community-static.tradeup.com/news/67ecba742430a57a532b690885139baa","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches 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src=\"https://community-static.tradeup.com/news/f5d5cebb0e85baff471afea6ab3c1bc0\"></t-t>","html":"At risk of delisting.<t-t type=\"img\" src=\"https://community-static.tradeup.com/news/f5d5cebb0e85baff471afea6ab3c1bc0\"></t-t>"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":254421795680312,"commentId":"254421795680312","gmtCreate":1703151459679,"gmtModify":1703151466689,"authorId":3570058765891495,"author":{"id":3570058765891495,"idStr":"3570058765891495","authorId":3570058765891495,"name":"PhoenixBee","avatar":"https://community-static.tradeup.com/news/f7bfa4323a9a5dfacc73c8817a4e5e48","vip":1,"currentWearingBadge":{"badgeId":"cbe1c45c584340f3bd9ae6c77e0e9981-1","templateUuid":"cbe1c45c584340f3bd9ae6c77e0e9981","name":"Academy Experiencer","description":"5 lessons learned","bigImgUrl":"https://community-static.tradeup.com/news/fb5ae275631fb96a92d475cdc85d2302","smallImgUrl":"https://community-static.tradeup.com/news/c2660a1935bd2105e97c9915619936c3","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.19","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2006},"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":254286432141576,"objectIdStr":"254286432141576","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Thank you for the insights","text":"Thank you for the insights","html":"Thank you for the insights","likeSize":2,"commentSize":1,"subComments":[{"id":254489337798896,"commentId":"254489337798896","gmtCreate":1703167921627,"gmtModify":1703167929259,"authorId":4093561479903300,"author":{"id":4093561479903300,"idStr":"4093561479903300","authorId":4093561479903300,"name":"SPACE ROCKET","avatar":"https://community-static.tradeup.com/news/67ecba742430a57a532b690885139baa","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches 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