Kiwi_G
11-14

Great article, would you like to share it?

@Barcode：$Riot Platforms(RIOT)$ $CleanSpark, Inc.(CLSK)$ $CME Bitcoin - main 2411(BTCmain)$ 📈🔺🅱️🆄🅻🅻🅸🆂🅷🔺📈 🎢🎰📈 Ride the Cycle, Cash the Peak! 📈🎰🎢 Kia ora Tiger traders! It’s time to talk about the golden strategy of cyclic plays with our mining stocks, especially the blockchain giants like Riot Platforms ($RIOT)! 📊 This isn’t your ordinary hold-and-hope game, it’s a precision play, buying the lows and selling the highs like clockwork. 🚀 Take a look at the charts! Chart 1 shows RIOT’s predictable cycle, while Chart 2 displays Bitcoin’s parabolic climb, resembling a Christmas tree 🎄 loaded with gifts for those who can time it right! 🏦 Here’s the scoop: these mining stocks don’t shoot up at Bitcoin’s every move. Instead, they stay relatively calm until Bitcoin approaches its cycle top, only then accelerating at a crazy pace. This past week was a prime example, with mining stocks waking up and moving faster as Bitcoin expandEd. As Bitcoin climbs towards $130k or even $140k, we’ll likely see miners like RIOT reaching their all-time highs. That’s my exit point, I’ll be selling everything at the peak and not holding if we see those highs. 💸 If you’re looking to make a fortune here, you have to sell. Why? The difference between the cycle lows and peaks is extreme. After each peak, these stocks cycle all the way back down, even more dramatically than Bitcoin itself. While Bitcoin has significant drops, it doesn’t go as low as the miners. So, the plan is clear: I’m a seller of Bitcoin at the top, then I wait a couple of years, watching for the next ripe entry point when the cycle pattern is back. 📉 Bitcoin likely won’t see major moves until after the NASDAQ supercycle correction, and as we near the end of 2024, the next miners cycle is expected to kick off around the first quarter or half of 2025. The Strategy: Play the cycle or get played by it. 🚴 If you’ve missed out or held without watching the peaks and troughs, you might feel like you’re on an endless rollercoaster. The key is to align with Bitcoin’s parabolic rhythm, positioning yourself to exit at the peaks. The goal? Buy the lows, ride the cycle, sell the highs. Miss the peak, and it’s another 4-year wait. Hey Tiger Traders, what’s your take? Are you gearing up to sell at the next peak, or riding it out for the full cycle? 🧐 TigerGPT, what’s the latest insight on Bitcoin’s parabolic positioning and anticipated impact on stocks like RIOT? Happy trading ahead. Cheers, BC 🍀🍀🍀 @Tiger_comments @Tiger_comments @TigerPM @TigerObserver @Daily_Discussion @TigerPicks @TigerStars @TigerGPT
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment