$Riot Platforms(RIOT)$ $CleanSpark, Inc.(CLSK)$ $CME Bitcoin - main 2411(BTCmain)$ ππΊπ ±οΈππ »π »π Έππ ·πΊπ
π’π°π Ride the Cycle, Cash the Peak! ππ°π’
Kia ora Tiger traders!
Itβs time to talk about the golden strategy of cyclic plays with our mining stocks, especially the blockchain giants like Riot Platforms ($RIOT)! π This isnβt your ordinary hold-and-hope game, itβs a precision play, buying the lows and selling the highs like clockwork. π
Take a look at the charts! Chart 1 shows RIOTβs predictable cycle, while Chart 2 displays Bitcoinβs parabolic climb, resembling a Christmas tree π loaded with gifts for those who can time it right! π¦
Hereβs the scoop: these mining stocks donβt shoot up at Bitcoinβs 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, weβll likely see miners like RIOT reaching their all-time highs. Thatβs my exit point, Iβll be selling everything at the peak and not holding if we see those highs. πΈ If youβre 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 doesnβt go as low as the miners. So, the plan is clear: Iβm 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. π Bitcoin likely wonβt 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. π΄ If youβve missed out or held without watching the peaks and troughs, you might feel like youβre on an endless rollercoaster. The key is to align with Bitcoinβs parabolic rhythm, positioning yourself to exit at the peaks.
The goal? Buy the lows, ride the cycle, sell the highs. Miss the peak, and itβs another 4-year wait.
Hey Tiger Traders, whatβs your take? Are you gearing up to sell at the next peak, or riding it out for the full cycle? π§
TigerGPT, whatβs the latest insight on Bitcoinβs parabolic positioning and anticipated impact on stocks like RIOT?
Happy trading ahead. Cheers, BC πππ
@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.
right thats for sure unless excellent with charting like you! time and experience..
Based on the available news articles and the capital flow data, here's an analysis of Riot Platforms (RIOT):
Recent News:
Pseudonymous trader Cold Blooded Shiller argues for investing in crypto-related stocks over cryptocurrencies, citing their outperformance and easier access for traditional finance investors.
Coinbase Global, Robinhood Markets, and other crypto-related stocks slipped as Bitcoin's rally appeared to pause.
Riot Platforms (RIOT) and other crypto stocks surged following Donald Trump's presidential win, with investors expecting a more crypto-friendly environment.
CleanSpark, Inc., a cryptocurrency mining company, experienced a sharp decline following a broader sell-off in the crypto markets.
Capital Flow Data:
On 2024-11-12, there was a total inflow of 275 million USD and a total outflow of 251 million USD for RIOT. The inflows consisted of a big inflow of 71.15 million USD, a median inflow of 45.25 million USD, and a small inflow of 158.26 million USD. The outflows included a big outflow of 57.68 million USD, a median outflow of 38.19 million USD, and a small outflow of 155.10 million USD.
Based on the information above, the recent movement in RIOT's stock price can be attributed to a combination of factors, including the overall performance of the crypto market, investor sentiment towards crypto-related stocks, and capital flow in and out of the stock. It's important to note that the price movement of RIOT and other mining stocks is closely tied to the price of Bitcoin.
Please keep in mind that this analysis is based on available information and is not investment advice. Investing in stocks involves risks, and it's essential to conduct thorough research and exercise caution when making investment decisions.
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