Bitcoin mining stocks like CLSK, MARA, RIOT, IREN, etc. have been crashing. Is it time to rethink these investments? Join this …
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Bitcoin mining stocks like CLSK, MARA, RIOT, IREN, etc. have been crashing. Is it time to rethink these investments? Join this …
source
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Agree. Very likely we r headed for a decade long bear market in all western assets. It will be a period of geopolitical n currency changes. Within US this is the chance to do the long-needed economic n social n government reforms. If we succeed, US will be on a long-term sustainable growth path in a decade. But we must take the pain 1st n do the adjustments. From investing pov, sell all US, european equities n bonds. Go long Gold and Crypto. Go long emerging market trade…….. I have managed to grow a nest egg of around 100k to a decent 732k in the space of a few months… I'm especially grateful to Linda Wilburn’s, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Watching the market's ups and downs shows how quickly things can change. In the market, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. This dedication to continuous learning is inspiring… I have delve deeply into active trading which is generally safer, allowing investors to weather market volatility..managed to grow a nest egg of around $87k to a decent $246k… I'm especially grateful to Loraine Souvenir tactics and strategies…
One big thing i will take issue with here. A lowering of interest rates does not always result in risk assets doing well. There is much historical precedent for this, not least the 2019 cut cycle which resulted in risk assets and bitcoin in particular absolutely tanking. These preceded the covid crisis in 2020 which resulted in emergency rate cuts which boosted the market immensely.
The reason for this is the interest rate cuts are already priced into the risk assets and when they don't come in as hard as expected often result in the market tanking. Don't expect an interest rate cut program will automatically result in the market responding well.
Excellent viewpoint on the potential fundamental change of miners
Such a mature voice of reason,
Bitcoin Mining Stocks….. 1. Held Bitcoin = Marathon ….2. Largest Mining Facility = Riot….. 3. Most efficient Miner = Cleanspark. All the rest will simply become part of one of these 3 or be bought by an industry that needs their infrastructure. Bitcoin ETF's are basically a gift to Wall Street getting involved after years of trying to destroy the industry. If it is in their best interest Wall Street owners of Bitcoin ETF's might still destroy Bitcoin even if their investment is lost. The Bitcoin Miners will not only survive if that were to happen ,but the possibility of them thriving would be high ,so long as management knows what to do at the right time. The Big 3 seem to be the smart investment. I lean more towards Riot and Cleanspark but that's just me.
Good advice, hope we are hitting the bottom now 😮
Bitcoin is a slave to the s&p . It moves with it , it is not a hedge for anything
Great video! Your knowledge is so impressive.
Lol clsk looks horrible and bag like.
Rex – truly appreciate what you do. Would love to see you analyze other minors- IREN, CIFR, BITF, CORZ.
Maybe even Wulf.
Heard your CLSK observations of course, but aside from CLSK I only ever heard you mention RIOT and MARA, maybe IREN Briefly once…
these others I listed might show real promise, and they get far less exposure/coverage so a deep dive from your skilled approach would be great.
I think now BITF may be the most undervalued and has an interesting business.
CORZ and IREN obviously the HPC business becoming big factors in addition to BTC.
I understand your respect for CleanSparks laser focus on one thing. Still think there's something promising happening with these growing AI/HPC contracts. I've heard some Wall Street analysts say there's LOTS of room for this to grow potentially- and these companies are best positioned to meet demand. And apparently none of that potential has been priced in, with possible exception of CORZ…
Thanks Rex – a bit reassuring, considering I own lots of CLSK, which I was always UP on – until this week..
And I own BITF, IREN, HIVE, CORZ, CIFR… and just a bit of WULF.
Presently only Green on CORZ (up 100%) and WULF (20%)
Everything else in the Red now and I have huge allocation in the sector. So I'm truly being tested.
I only sold 2 things:
– some profits on CORZ to reinvest in the very undervalued BITF.
– sold a small portion of CLSK due to massive dilution the past week – and to have cash to buy a bit more CIFR and undervalued stocks.
I understand the dilution, but they went overboard (doubling shares) and I knew they would have a big drop as a result so I quickly sold some after the announcement to have capital to reinvest in others since they were all dropping this week.
The real bull run begins when we touch the bottom band of the rainbow chart
Totally agree!
Thanks for your video! I am a big investor in clsk and I dont care about the stock price now. I will check it again when btc reaches 150k 😉
Its not hard. Every 4 years (when halving occurs) you buy 6 months before and hold for a year. I got out already. Better off buying the ETFs that directly buy bitcoin and not the stocks.
Try back in a few years
No money anywhere
Dca all the way
Stock dilution to buy a Jet and line their pockets with SBC. Some execs at mining companies use shareholders to fund their lifestyle. If they ever choose to look after shareholders, we can get involved in this industry. Until the, just buy Bitcoin
great video, are you diversifying into more miners except clsk – like cifr or iren? thanks
I may hate what you said in this video but I needed to hear that. So yea whatever you 23 year old boy….thanks a bunch 🙂
How come no one mentions mara anymore