SPACE ROCKET
01-12

$Marathon Digital Holdings Inc(MARA)$$CleanSpark, Inc.(CLSK)$  $Riot Blockchain, Inc.(RIOT)$  $MicroStrategy(MSTR)$  $Coinbase Global, Inc.(COIN)$  

HODL LONGS. LOOK FORWARD TO BITCOIN HALVING IN APRIL. STOP SELLING AT A LOSS AND CHILL. BE RATIONAL AND STOP JOINING IN THE SELL-OFF LOL 😆 😂 If you got to take profit, by all means, go ahead. But I can bet that most of you here are selling at a loss, just cause everyone else is selling too. And that's silly. So stop before you regret. 😂 

OVER ONE CPI DATA?!? ARE YOU KIDDING ME GUYS?!? Inflation or not, life goes on. Investments go on. The elevated CPI data was kinda skewed too because of rental prices. To count rental prices into consumer price index already sounds sketchy TBH. Don't forget, our dear Bitcoin has often been used in times of uncertainty + hedge against inflation. To dump miner stocks now instead of accumulating seems like a huge joke. You guys should stop over-reacting to everything. If you can't stomach the volatility, then investments aren't for you TBH. Might as well just keep it in the bank. 

ANYWAYS, WE'D REBOUND STRONGER BEFORE YOU KNOW IT  💪 😉  [Cool]  [Miser]  

And that's precisely the reason why I am able to trade better than 99% of you investors on Tiger Brokers (see attached picture). I thrive on volatility exacerbated by your fears. 

PSST... JUST YOU WAIT, SHORTIES. WE WILL REBOUND STRONGER. AND WHEN WE DO, SCRAM.  [Smug]  [Glance]  

Modify on 2024-01-12 08:18

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  • LesYao
    ·01-12
    TOP
    Agree that the miners are key crypto infrastructure elements. But efficiency and cost of production is more important in the future. To survive, they need to have either 1. Higher bitcoin Prices or 2. Less Competition so that they can mine more. As a pure miner, they are currently overvalued.
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    • SPACE ROCKET: 
      1. Bitcoin prices are bound to be higher than what they are now by end of 2024. 2. Buy bigger miner companies like  $Marathon Digital Holdings Inc(MARA)$ then, cause they have the capacity to buy out smaller companies. OR  $CleanSpark, Inc.(CLSK)$ for its efficiency and profitability.
      01-12
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  • LesYao
    ·01-12
    TOP
    I got out. People who want Bitcoin exposure is buying the ETF directly. Miners used to be proxies for Bitcoins exposure, not anymore. Only the strongest miners will survive. Its time to look at their business and industry. Have to make real money to survive. Its a different game now.
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    • SPACE ROCKET: 
      If miners do not mine Bitcoins, there would be none in the market to sustain the entire crypto ecosystem. With everyone scrambling to get a pie of Bitcoin, whether directly holding it OR through ETF companies (who needs to buy BTC to maintain the ETF), miners are the ones supporting this biz.
      01-12
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  • Cory2
    ·01-12
    TOP
    I saw bitcoin climbing to a possible $80,000 in my analysis. But for all these sellers when spot BTC ETF is unbelievably approved by Gensler & co., and it was going up (though posible poised for a slight dip), and the upcoming halving. HODL! Large institutions are now holding BTC (and have been holding BTC for some time now), The interest in spot BTC ETFs has been positive mostly though there are many questions about liquidity, staking and such. Whether this opens up a whole new lunch cart for hackers with more wallets storing fat amounts of BTC, is something that concerns me. And I have $Coinbase Global, Inc.(COIN)$ which I bought early, and I’m not happy with the recent losses, however markets can’t rise forever. Even though Cathie Wood sold ARK’s shares, I still think there’s room for growth imho. At what price would the HODLERS in the Tiger community be happy to sell at if I may ask the question timidly? I think it’s way off what I’m looking at selling for….
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  • SPACE ROCKET
    ·01-12
    TOP
    @Cory2
    I totally agree with you. I won't be surprised if Bitcoin hits $80,000 by end of this year. I'm quite invested into both Cleanspark and MARA, the former for its profitability/efficiency and future prospects, the latter for its largest market dominance and capability to acquire smaller mining companies. I'd look to acquire more of these stocks through selling puts. even if it means raising my average prices. When would I sell them then? Prolly sell half of my holdings when Cleanspark reaches $25 and MARA reaches $60.
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  • LesYao
    ·01-13
    If you feel like holding, at least buy some put options to protect some part of your money.
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  • NoraPoe
    ·01-12
    Agreed, let's HODL and chill. 😂
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  • LesleyNewman
    ·01-12
    🤣 Chill, it's just a rollercoaster. 🎢
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