I would use COIN's recent outages as an opportunity to load up on $Coinbase Global, Inc.(COIN)$ $GraniteShares 2x Long COIN Daily ETF(CONL)$ . Right now, the price of COIN is looking pretty attractive and the outages may not be a bad thing afterall. Why must people be so negative about everything and being overly-reactive by over-selling? The outages are a huge testament to how crypto investors out there have a preferential liking for Coinbase platform vs other shaddier platforms. The outages also challenges COIN by pushing COIN to their limits to allow them to work on managing larger and larger trading volumes with time as more consumers warm up and accept Cryp
$CleanSpark, Inc.(CLSK)$ $Marathon Digital Holdings Inc(MARA)$ $Coinbase Global, Inc.(COIN)$ $GraniteShares 2x Long COIN Daily ETF(CONL)$ Sharing my little wins in the tagged stocks above, where majority of my trades are options related. Sending cheers, positive vibes and good luck to everyone! 🍀🍀 May the tides and tables be forever in our favour! 🫶🙌🙌🫶😍🥰😍🥰 #Crypto is more resilient than many think #Bitcoin FTW #HODL ❤️🧡💛💚💙🩵💜🩷 Do not be wavered by headwinds and negativity from people overselling. If you see Crypto related stocks skyrocketing in futur
In my opinion, stocks to watch today are the crypto centric stocks like $Coinbase Global, Inc.(COIN)$ $Marathon Digital Holdings Inc(MARA)$ $CleanSpark, Inc.(CLSK)$ $Riot Blockchain, Inc.(RIOT)$ CLSK and MARA are scheduled to post financial results after the bell 🔔 closes on Thursday 9/5/2024. This Thursday is crucial because it will be the first time (since the Bitcoin network's fourth halving event last month) that Bitcoin miners publish their performance / profitability figures. How do you think these 2 leading miner stocks will fare? Should you start accum
Hmm. Investors are really weird. Why would MARA skyrocket on its move from a mid-cap stock to a small-cap stock? Small-cap stocks are the most volatile and riskiest of the 3 different caps (Large / Mid / Small) eh. Yes, the potential for growth MAY be higher in small-caps but that also means it can go south very fast eh. I'd prefer for MARA to be mid-cap for a balance of stability and opportunity. 🤔😐😬 Not like Bitcoin's price is skyrocketing anytime soon. Bitcoin's current price is in the reds, at USD $63,332. Weird. 😅
A week back, I wrote the following and some were skeptical on my bearish call: "An impending correction is coming for Bitcoin, potentially allowing it to trace back down to USD $56,000." 🤯🤯🤯🤯🤯🤯🤯🤯🤯🤯🤯🤯🤯🤯🤯🤯🤯🤯 💜💜💜💜💜 Turns out I'm right 💜💜💜💜💜 Bitcoin now stands at USD $56, 757.56. So, where do we go from here? Will Bitcoin rebound stronger after hitting this support level? Well perhaps. Perhaps only after we get more clarity from FED. And perhaps if people stop over-reacting. Market tends to be irrational and overly-sensitive, over-selling when situations aren't that bad, and over-buying when situations are not backed by concrete data. Now that significant retracement has happened, do your due diligence for those keen on re-entry (recommend to do it in trenches and not g
$Coinbase Global, Inc.(COIN)$ $Marathon Digital Holdings Inc(MARA)$ $CleanSpark, Inc.(CLSK)$ $Riot Blockchain, Inc.(RIOT)$ $Iris Energy Ltd(IREN)$ Take profits while you can. Take profits on others before they start taking profits off you. It makes 0 sense for these miner stocks to be rallying right now, given Bitcoin's current price. Be more logical and sensible. Stop being FOMO. In the previous run up of CLSK when it was in the $22+ region, I did caution yall that it's just a pump and dump thing. There is 0 ba
Between $MicroStrategy(MSTR)$ and COIN, I'd pick COIN for the following reasons: 🍀 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. 🍀 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.🎉🎉🥳🥳 It EARNS MONEY 💸 💰 🤑 through TRADING FEES from both buy and sell transactions. 🍀 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,
Crypto stocks fall in morning trading. Bitcoin price fell on Monday as sentiment towards cryptocurrencies remained dour in the face of higher-for-longer U.S. interest rates, while changes to collateral rules by the DTCC also presented some headwinds for crypto.Bitcoinfell 2.5% over the past 24 hours to $62,314.6 by 01:37 ET . The token was now trending closer to the lower end of a $60,000 to $70,000 trading range established since mid-March.Marathon Digital down 2.8%; Coinbase dropped 2.3%; Riot
Thing is... Just like $Tesla Motors(TSLA)$ , such futuristic dream may just be a pipe dream / flash in the pan that may not manifest by year end. These miner companies always have such fanciful guidance but fail to meet them on time, most of the time. Sorry to be a wet blanket. 🤗
$950k $Marathon Digital Holdings Inc(MARA)$ position. News just dropped that $MARA is targeting 50 EH by EOY. This is massive. My only regret is that I didn’t buy more. This position will be worth over 2 million within the next 1-2 months. Don’t fight the trend. $Marathon Digital Holdings Inc(MARA)$ Weekly: Bullish reversal candled after breaching the 30 week MA…otherwise known as the “Trap + Send”@AlemzadehCLook at the below charts, tell me your target price?@cryptocantoncat@MarketMaestro1
On Wednesday, Cathie Wood’s Ark Invest made some significant trades. The most prominent among these were the purchases of Shopify Inc and Reddit Inc, and the selling off of Coinbase Global Inc shares.
$CleanSpark, Inc.(CLSK)$ you shorted CLSK $17.50 to $15.50 and rode $15.50 back up to $17.50. Which way next? If I was you I'd let the price run up, overextend it, and sell when the earnings are good. Why, because only you get to make the real money. I am hiding in the shadows one step ahead, perhaps telling you this while I'm two steps ahead.
I bet uncle Buffet would be more discerning than to buy $Tesla Motors(TSLA)$ Uncle Buffet should just look away. There is a buffet of stocks worth looking at compared to Tesla. Unfortunate to say, Tesla's glory days are over. It's ruler loves talking nuts and building castles in the air, having pipe dreams that gets shelved before they fully manifest, picking fights with others in the digital space like a spoilt brat, expanding factories without thorough thought then go on a sacking spree and the list goes on. Musk is only great at masking his billions of losses and swaying his entourage of less discerning fans begging to get their fingers burnt.🧨🧨🧨🧨 I bet Uncle Buffet is more discern