Author

Topic: Does anyone here hold miner stocks? (Read 58 times)

sr. member
Activity: 317
Merit: 448
February 29, 2024, 05:18:03 PM
#1
If anyone holds miner stocks then you may be aware of the recent crash in the markets. My favorite mining stocks are MARA, CLSK and BITF. Those are the ones I would bet to survive the halving. Either way all of them crashed. I thought it was a MARA thing because they disappointed on earnings when I looked at the chart when I was waking up but man what the hell was that when I saw all of them tanking? looks like they are taking profits because they may be predicting a crash on the Bitcoin price? they may want to sell before the halving or something to have cash on hand. A lot of miners are going to get wrecked. So far CLSK is the only one in profit for the past few weeks vs BTC but the rest got crushed. I still believe the stocks will fly but the entry point is not to easy as just to buy before the halving and run. We may have another scare on the market before things start running to ATH, if not then they go the timing wrong if they sold BTC.

Im just going to keep adding to my positions if MARA goes below 20, BITF below 3 and CLSK below 15. If there is a big correction on BTC these price targets may get wrecked tho so good luck to wall.
Jump to: