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Haha totally agree. Who the heck is Kerrisdale Capital anyway? Bet they miss out on buying into MSTR and want to create such sensational news and opportunities for their panel of investors to load up before the bull run. Never take their words seriousl. They are just trying to move the market to theie benefit. [Happy] [Miser] [Cool] //@SPACE ROCKET: Totally absurd and lame lol. How can you long bitcoin and short MicroStrategy when $MicroStrategy(MSTR)$ have the largest moat of Bitcoins. Totally ironic. When Bitcoin skyrockets, so will the balances of MSTR and its market cap. Kerrisdale thinks he is smart, but the lights are obviously on a
Kerrisdale Capital Is Short Microstrategy, Long Bitcoin
Market is just irrational, what to do. Just look at $Tesla Motors(TSLA)$
@SPACE ROCKET:$Coinbase Global, Inc.(COIN)$
Will Crypto Stocks Rally or Decline on Halving Day
$CleanSpark, Inc.(CLSK)$ $Riot Platforms(RIOT)$ $Marathon Digital Holdings Inc(MARA)$ $Iris Energy Ltd(IREN)$ $Coinbase Global, Inc.(COIN)$
Like pls thx
Elon Muskโs Brain Implant Company Is Inching Toward Human Trials
Okay.. hold true
7 Big Tech Stocks Likely to Outperform the Nasdaq in 2022
Like pls thanks
Tesla leading autos 'biggest transformation since the 1950s': Wedbush's Ives
//@SPACE ROCKET: Many of Mt. Gox's early users as well as creditors are LONG-TERM BITCOIN ENTHUSIASTS who are LESS LIKELY to sell all of their bitcoin immediately," said Lennix Lai, chief commercial officer of crypto exchange OKX. Afterall, Mt. Gox's victims have waited from 2014 till now in 2024, what's the hurry in selling their Bitcoins off now? Might as well wait awhile more for Bitcoin to reach a new ATH, right? They have been waiting for 10 years anyway; there is no urgent monetary need to liquidate it now when Bitcoin is dipping. If you bought many Bitcoins at such a low price of $600/Bitcoin back then, would you liquidate them now or wait for them to reach new highs? Common sense, wait it out. Perhaps the best investment they h
Crypto Stocks Slumped As Bitcoin Slides to Four-Month Lows on Liquidation Fears
Great ariticle, would you like to share it?
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Agree. There is just too much uncertainty in the crypto space these days and it's just not worth the risk. The Bitcoin halving event anticipation has already been priced in, which means I don't expect a drastic hike in price of Bircoin when it halves next week. In fact, if you guys recall, price of Bitcoin and crypto related stocks plunged on the day of Bitcoin Spot ETFs approval. Thanks to outflow from $Grayscale Bitcoin Trust(GBTC)$ . From Jan till now, outflows from Grayscale caused Bitcoin's price to drop TWICE. And it may happen a third time. Note that Grayscale transfered 6200 Bitcoins worth $434mil to Coinbase recently, sparking speculations that they are ready to sell Bitcoin, potentially impacting market prices of Bit
@SPACE ROCKET:Lols $Coinbase Global, Inc.(COIN)$
$CleanSpark, Inc.(CLSK)$ $Marathon Digital Holdings Inc(MARA)$ $Riot Platforms(RIOT)$ These miner stocks are due for correction soon. Most analysts expect miner stocks to fall upon halving on 19 April, so if I'm in these stocks, I'd make it a point to exit them before this date. There will always be a better point in time to buy. Wait till these miner stocks prove their mining capacities and balance sheet strength before re-entering. We never know how the halving will affect their profitability and mining operations post halving. Not much comments on $Coinbase Global, Inc.(COIN)$ . But
๐๐๐ WILL WALL STREET CLOSE LOWER TONIGHT? ๐๐๐ Investors' fears that the Federal Reserve may keep rates higher longer have weighed on stocks this week. Fed Chairman Jerome Powell on Wednesday maintained that while there is still room for interest rate cuts this year, policymakers will need more proof that inflation is moving toward the central bankโs 2% guideline before rates can come down. As a result, Wall Street adjusted its expectations for rate reductions. Fed funds futures trading data now suggests a 58.5% likelihood of a cut at the Federal Reserveโs June meeting, down from about 70% last week, according to the CME FedWatch Tool. "I don't think that the Fed really has any reason to cut rates. The economy is so strong and we still have not beaten inflation yet," said Larry Tentar
$IREN 20240412 6.0 CALL$ #smallwin
Great price to enter $CleanSpark, Inc.(CLSK)$ . Checking the historical price of CLSK, upside potential is indeed great. Can't wait for it to return to $23, then $25 levels levels [Miser] [Cool] Can't always bottom fish, so make do with this price +/-
@SPACE ROCKET:I opened $CleanSpark, Inc.(CLSK)$ ,Buying into CLSK, the 2nd best miner stock out there in the market with huge potential upside (given its attractive low price now) ๐ฅณ๐ฅ๐ May swing trade it or use to cover my $6500 worth of naked calls sold previously ๐
๐
Hopefully $Coinbase Global, Inc.(COIN)$
@SPACE ROCKET:Between $MicroStrategy(MSTR)$ and COIN, I'd pick COIN for the following reasons: ๐ MSTR is not good at its day job compared to peers in the industry, making huge losses. If price of Bitcoin hovers at current levels, MSTR's profitability will be heavily impacted. ๐ COIN on the other hand, has been PROFITABLE since 4 quarters ago and has been beating analyst's estimates for the most recent 4 quarters.๐๐๐ฅณ๐ฅณ It EARNS MONEY ๐ธ ๐ฐ ๐ค through TRADING FEES from both buy and sell transactions. ๐ Reported in Feb 2023 - the interest on reserves backing USDC are a MAJOR SOURCE OF REVENUE for Coinbase, which has been able to pocket higher income because of the Federal Reserve's higher interest rates. Overall, the company reported a profit of $273.4 million,
$IREN 20240405 7.0 CALL$ #smallwin
$Iris Energy Ltd(IREN)$ I feel going to drop.. job data gonna be released tomorrow.. Next few days may be red red red
$CleanSpark, Inc.(CLSK)$ seems like a good buy now!! ๐[Miser]
@SPACE ROCKET:Companies are Increasing their Stake in Cleanspark, What About You?
Experienced at losing money
I got on the boat around the same price as you did! [Comfort] [Cool] Following your trades closely, thanks for all the positivity around here on Tiger Brokers! Having you on gives us the confidence to own these crypto stocks. [Cool] [ShakeHands] [Heart]
@SPACE ROCKET:I opened $Marathon Digital Holdings Inc(MARA)$ ,MARA is my number 1 favourite miner stock, followed by CLSK ๐ฅ๐๐ฅณ๐ซถ๐ฅฐ
Agree with @SPACE ROCKET . If you see previous prices of IREN, it has potential to hit $14-$15 easily. It's low entry price compared to MARA and CLSK, with a brighter future than RIOT, makes IREN a good buy for long term hold when Bitcoin rises. It's impossible to bottom fish, so accumulate while it's still low [Miser] [Miser] [Cool] [Cool] //@SPACE ROCKET: Agree. For those who missed the boat on $CleanSpark, Inc.(CLSK)$ last year when CLSK ran up from $2.50 till where it is today, I forsee IREN being the new CLSK, following CLSK in terms of growth trajectory. Think IREN wi
B. Riley Raises Price Target on Iris Energy to $18 From $9.50, Maintains Buy Rating
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