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MARA stock
Posted on 2/27/24 at 8:07 am
Posted on 2/27/24 at 8:07 am
This is moving up stronglyrics with BTC and in anticipation of ER. What are your thoughts on what ER will do to the stock price?
4
Posted on 2/27/24 at 8:11 am to CajunTiger78
If you want to join the bag holders, go for it
Posted on 2/27/24 at 8:15 am to Tshiz
Okay, why do you say that?
Posted on 2/27/24 at 8:21 am to CajunTiger78
This stock was my only exposure to bitcoin before the recent etf's. It pretty much follows the up's and downs of bitcoin. I dont really hold it . It's more of a trade thing for me. Been doing this with this stock for last 3 years. It's better than Riot.
Posted on 2/27/24 at 8:33 am to CajunTiger78
quote:
What are your thoughts on what ER will do to the stock price?
This stock is beholden to BTC prices. If they rise it will continue to rise. The ER is irrelevant.
This post was edited on 2/27/24 at 8:34 am
Posted on 2/27/24 at 8:57 am to Tshiz
quote:Enlighten us on your reasoning
If you want to join the bag holders, go for it
Posted on 2/27/24 at 8:59 am to CajunTiger78
I agree with slackster. MARA and other miners are tightly coupled with BTC prices, especially right now with the halvening narrative. The ER won't have much effect in the short to medium term.
This post was edited on 2/27/24 at 9:00 am
Posted on 2/28/24 at 1:33 am to TigerTatorTots
quote:
Enlighten us on your reasoning
His only reason is that he doesn't understand crypto.
MARA is now my top position in my trading account.
Posted on 2/28/24 at 8:38 pm to tenderfoot tigah
BRPHF aka Galaxy Digital is still a super undervalued crypto stock play. They currently have over 8B AUM. Have gobbled up Bitcoin and ETH over the past few years. They still need to get SEC approval to list on NASDAQ but once they do it should rip. Novogratz it’s an ex Goldman Sachs guy and essentially envisions his company to be the GS of Crypto.
This post was edited on 2/29/24 at 2:15 am
Posted on 2/29/24 at 11:04 am to TigerTatorTots
quote:
Enlighten us on your reasoning
MARA and other miners have proven to be much better trades than pure buy and hold investments. There will always be big time bag holders between cycles.
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