My best financial advise would be, if you can and at the minimum, to own these for the next 1-2 years:
1 $BTC
1000 $CLSK
100 $COIN
1000 $MARA
I think you can net at least half a million $.
Biggest clown stock market analysts of 2022:
1st Team All Clown:
-Jim Cramer
-David Hunter
-Puru Saxena
-Henrik Zeberg
Honorable Mention:
-Tom Lee (wrong all year, not too bad lately)
-Master Panda Wu (nailed Aug/Sep, now totally lost)
-Oculus Trades (5 year old scammer)
I considered consolidating all of my
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miner stock portfolio solely into $CLSK earlier today. It’s headed to $20 after ER tomorrow imo, and then probably $35 not too long after that. If $BTC heads to $150-200k this cycle, it’s honestly probably a $100+ stock.
Best
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miner swing opportunity right now (imo):
Large Cap: $RIOT - Lagging $MARA but fully expect it to pull a similar $17 to $27 move.
Small Cap: $WULF - Highest buy volume ever happened in Dec & is just now really breaking out (literally rn). 52-wk highs next @ $4.
I care less about the $MARA ER and more that
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miner stocks got obliterated while $BTC ran to 65k today. Something is not right in the sector at the moment.
$MARA 28 now but going to 40 soon, after ER imo. A blowout ER, which I’m seeing will be the case especially if they apply the FASB rule for net profitably, absolutely launches this one.
$LINK is the best looking large cap altcoin, hands down. Currently above the large volume shelf and heading for $20-24 pocket. Get through that smaller volume shelf above acting as resistance around $24 and it’s literally thin air to ATHs and price discovery.
$CLSK ran from $3 to $24 in 4 months and people were still “waiting” for the real run to start. In fairness I thought $35 would hit, but after watching miners while $BTC rose to 65k, I quickly changed my tune on miners. Not to mention insiders and upper management started selling
I’ll be totally honest, I give it like a less than 5% or less chance that $MARA has a disappointing ER tomorrow. I think they are going to blow expectations out of the water. The technical setup is primed for a markup; cup and handle breakout, retest, now send into an uptrend.
As bullish as I am on
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miners, if you are having intense FOMO and buying when these names are up 15-25% in pre-market…you are doing it all wrong.
$COIN was my top call yesterday and it just ran $150 to $175.
$WULF is my top call today. They just announced full debt repayment and institutions are buying like crazy, not to mention small caps are entering a bull market. $2.60 now but going straight to $4-5.
So you still waiting on that miner dip? So let me check notes:
$CLSK 19 back to 16
$MARA 31 back to 25
$IREN 9 back to 5
$RIOT 19 back to 16
Deploy the cash anon. We moving out of here again soon.
I’ve been getting this question a lot: Am I too late to buy
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mining stocks?
Short answer, no. Get long and right now. Less thinking and more buying.
$CLSK is now down almost -50% in the past 6 trading sessions making fresh new local lows, all while $BTC is retesting ATHs ~73k . What a total abject dumpster fire. No worries though, I’ve been reassured that this is totally normal price action from miners before the Halving.
Remember,
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miners are a cyclical & highly leveraged play to $BTC that perform exceptionally well during a bull market like we are experiencing now, but they are still just a trade. Dont forget that. Dont let the volatility leave you restless at night, size appropriately.
Going to take a look at some buy zones on
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mining stocks tonight, mostly focusing on $CLSK and $MARA (obviously). Contrary to what bulltards will say on this platform, when I ape in with size in these names, I want a good entry with a favorable risk/reward for upside.
Hope many of you caught my call outs on
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miner stocks over the past several weeks and made life changing money this week 💸. Take some off the table if you are euphoric. No paid services needed on my end, just here to spread the wealth!
$CLSK $MARA $RIOT
Best value buy
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miner right now is $IREN at $4. Possibly one of the most overlooked miners out there. They have ZERO debt, 11 EH/s expansion with a pathway to 20 EH/s, and targeting new sites with low-cost and under-utilized renewable energy. I just bought more shares.
Wow, Blackrock is not messing around getting their hands on the liquid leaders in the
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mining sector. Now owners of 6.5% shares of $CLSK. Already owners of almost 9% of $MARA shares. Good lord we are in for a wild ride the next 12-18 months in this sector 📈.
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miner stocks will continue to leave investors in a perpetual state of FOMO, waiting for a dip that never comes.
$BITF $CLSK $CIFR $IREN $MARA $RIOT $WULF
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miners can’t produce enough $BTC for these ETF buyers. This is going to drive the price of these miner stocks an order of magnitude higher to meet the supply/demand crisis. The volatility will be wild, but have some stomach, this is a once in a lifetime trade.
Getting annihilated while trading the 2022 bear market will go down as my biggest blessing of all time. It taught me to NEVER fight the trend, risk management, controlling emotions, appropriate sizing, etc. My PnL might have been very red but the knowledge gained was invaluable.
I’m going to be honest, I don’t think I have ever seen a sexier short setup in my life than these big cap bank stocks given the current market conditions $JPM $GS $XLF
$CLSK 1D - The start of a new ST downtrend was pretty much confirmed today. MACD curling to the downside now too. We could see a temporary bounce to form a right shoulder before heading lower. I’m targeting former resistance ~$13.50 as my first area of interest to buy. Patience.
When $HOOD breaks out of this range above $13.50, there’s no real resistance until we trade back to the IPO price of $40. Explosive move lining up here if we get a positive ER reaction tomorrow.
Many screw themselves trading
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miners because they FOMO in with size. You MUST slowly DCA in ONLY during sell offs with smaller size bids. A little money goes a long way in these names. There’s no magic formula, but I’ve found that’s what works best for me.
Robinhood didn’t let me buy $MARA at the exact lows last night when they closed 24/7 trading and it’s now trading $3 higher today at $16.80. Moved everything I own to my Fidelity brokerage and Coinbase today. Go fuck yourself Robinhood.
There’s an eerie feeling in the air tonight, and not in a bad way. I can truly feel the
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miner bull market in my bones right now. I’ve been preparing and waiting a long long time for this moment. Send my bags to Valhalla!!!
$BITF $CLSK $CIFR $IREN $MARA $RIOT $WULF
Having ramen noodles for every meal until the $BTC halving in April. All available money has been used to load the
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mining boat. This is not a hero or zero trade, this is a hero only trade. Our time is coming!!!
$BITF $CLSK $IREN $MARA $RIOT $WULF
I’m not selling a single share of $WULF that I own fyi. I’ll sell at $10+ late this year and then come back and troll all of the crybabies today in my comments.
Blackrock and Vanguard continue to increase their institutional ownership in $MARA, so I decided to up my count to a round number of 1000 shares today.
If you missed
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miners (which are still somewhat early) then for the love of God don’t miss $COIN which has ER tomorrow in AH. Coinbase is the sole biggest beneficiary of a crypto bull market and they are the custodians of these
#BTC
ETFs. It’s a $1000 stock this decade.
$CLSK is as spring loaded of a stock as I have ever traded. Hit $15.00 earlier this morning and immediately got swallowed up by buyers (myself included). Any significant pullback that comes with this name will be short lived moving forward.
Risk taking is a skill you have to build over time. 5 years ago I would panic if my investment dropped $30. Now, I get excited when my investment drops $3000 so I can buy more. You must become a robot in this game and have ZERO emotion. “Not for the faint of the heart” my ass.
I cut $MARA position fyi, just a falling knife right now and not holding any levels of support. I’ll revisit again another time. If this tweets ends up marking the bottom then you’re welcome longs, but I doubt it.
$MARA and $RIOT will both have their day again, but I think big money is largely jumping into $CLSK right now, and their favorite small market cap miner is $IREN. Just how I’m reading the tape. Recent price action appears to be pretty supportive of this.
If you seriously think $BTC is going to $200-300k+, why in the world are you not holding $BITX..? 2x leverage and you literally get a dividend. I’m not sure there is a better vehicle out there to hold for this cycle.
$MARA 4H - This is by far the best
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miner from a r/r standpoint to be long at the moment. The stock is trading at the bottom of the upward channel with max FUD all over my TL. I’ve been building out a position all week. A revisit to the top of the channel comes next, imo.
$RIOT
#RIOT
I get it that $MARA is the crowd favorite.
BUT you have to take into account that out of all the crypto miners, $RIOT has YET to breakout and squeeze.
Once over Supply its going to go crazy.
Even the run to supply will be amazing.
$CLSK with that -20% intraday move…hello rug pull. I got cute trying to day trade some dips and even got wiped myself. Overall been a great year trading
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miners but I’m moving mostly to cash until things set up again. Don’t give your gains back to the market.
I’m debating moving all of my chips into the center of the table with $MARA ER next week. If we can get a $BTC assist by the weekend/early next week this thing can literally run to $50 in a short period of time.
$CLSK and $MARA are the class of the
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mining space BUT there is another one that has true potential based off their financials and expanding operations that I will bottom fish the living shit out of the next few weeks. Yes, it’s $IREN.
Bought more $CLSK and $MARA shares today. Focused on solely adding to these two powerhouse
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miners while we find a local bottom in this sector.
$CLSK 1D - Maybe the most bullish looking $BTC adjacent chart in the market right now. Just recovered to the top of the daily Ichimoku cloud & looks ready to head to the top of the channel now. This one could move on out of here in a hurry with this bullish trigger.
PT: $28-30
$CLSK 1W - I hate to say it, but I think there’s a higher % chance we pullback here before continuing higher if indices are weak over the next couple of weeks. If $14 shows itself again though, I buy with size.
$IREN hasn’t been an easy trade lately but if you can handle maybe 10-20% max more of a downside you likely will be rewarded with 500-1000% of upside, fwiw.
$GREE only has a 55.87 mil market cap. For comparison, these
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miners have market caps of:
$CLSK - 2.42 bil
$HUT - 1.43 bil
$MARA - 6.26 bil
$RIOT - 3.86 bil
$WULF - 728 mil
The growth potential for $GREE is insanity...a 10-20x from here might be conservative.