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describe 'stuck in the mud compared to Bitcoin' If you dont mind? i'm confused!
Riot and Mara seem to be stuck in the mud compared to Bitcoin price. Diluted too much to make the rocket runs of years ago ? Or is it being churned to keep price low to move shares into selected accounts ? Then the brakes come off. Just thinking. GLA
MARA is definitely out performing RIOT in my account........I dont think its going to up that way, up the road!
In addition to RIOT and MARA commons, i have some dec 15 MARA 13.5 and had some Hut 2.5 dec 15, still transitioning from r/s........but my really dumbass, high wire no net play is 50- jan 19 mara 50's @.04¢.....this is after the scheduled ETF thingy.....so, i'll either be a hero or an idiot, lol....what the hell, its only currency, eh?
Rolled out of DEC calls and into March calls on RIOT and MARA.....and March 7.5 calls on CLSK
yeah, the 'chump change' guys are alive and well, both opened 15+.....profit taking knocking it down buck or so......the current trend is trading or flipping.........quite familiar with that,-- no mas!
Not much of a gap it seems. Buyers worried that Bitcoin will fall back I suspect. If not, we should see this move up higher and higher. Price seems incredibly low for Riot and Mara. Maybe the monthly earnings figures will help.
Very prudent to have bought both, good job
Thank God I own RIOT............but I really really am more thankful I OWN MARA.....Its outperforming RIOT big time!
Jim Cramer is the ultimate contrarian indicator.
RiOT
What an entertaining play. More compelling than my local casino. Loaded months ago sub $4 and flipped on the way up. Bought at $17+ as well and have paid a paper price. Recently added sub $10 and will see where RIOT takes me.
Nice to see the veteran traders/chartists that know much more than I posting/trading/scalping/banking/flipping as well.
GLTA!
2 previous halvings have produced upside, we'll see if that the case, this time, though
i've just had no luck, charting the miners and BTC, to any measurable degree.........been successfull a couple of times, probably have a fighting record of 4-25, lol......so I gave up and just bought commons long and every now and then i'll pick up calls.........right now i only own DEC1, $11.50 @ .48......so, i'm close to 2x now but continuing to hold another couple of days
Nice list to follow. I own a handful of those but RIOT and MARA are my two favorites for similar reasons to what you posted. Once we hit the next halving rally (2024) both should do really well and should easily take out their respective ATH's (IMHO).
Good luck
Just Dec, so not long to play but will reload further out on pullbacks
how far out did you go?
Bitcoin 38K today! Holding RIOT 12 calls and MARA 10 calls, BTC going to 44-46K soon imo
DMGGF is a small cap miner that’s basically follows these other miners charts.
Profitable as well. Only $58M market cap
A few weeks ago, I evened up my positions on MARA & RIOT from a $$ standpoint..........from technicals and hash rate, MARA by a big margin, from Fundamentals, RIOT, by a wide margin........I didnt figure, i'd get hurt with either.........as it stands today, MARA is the better, but RIOT has no debt, and a much much lower cost to mine, it aint even close in that department, and up the road will be much better.....all just my .02¢
Yup, they don't know what a Key Reversal means lol! I stsrted trading in 1989 now almost 60 years old so I'm getting old too....RIOT just turned back to green from red! Good sign! GL
lol, if you showed that to some of these young 'guru's' they'd be lost lil pudknockers, i'm impressed.....you've been trading longer than I have and i'm an old fart........lol
Yup, and that is a pic from the 1990's Aug Gold Chart, I used to use VCR's to record the commodity quote strip every 10 minutes that you still see today on CNBC(Used to be FNN) and play back to plot the prices for 22 commodities on graph paper...really allows you to get a feel for price movement and is how I started trading/charting
Hand Charting.......there's a man that knows what he is doing, lol......havent seen one of those since the 90's
Nice she’s moving up again
RIOT is my Orion Thanksgiving contest pick! I own calls on both
yeah, probably, maybe more.........a few weeks ago, I equalized my $$ positions in MARA and RIOT, to see which would perform better...thus far MARA outperforming RIOT by about 9%
Holding just a very small amount from here
Gotta sell on every pop tho
They will dump RIOT if the coin loses.
mb
Successful test of 50 day MA! And pivot low of 9.33 yesterday will NOT be seen again here imo! Bitcoin's going for $44-46K imo
Yup.Down she goes
Gotta say it looks like it’s going to plummet
Something must be cooking in the board rooms. Share price looks like it is being held down for something that is brewing and the sudden rise of Bitcoin caught them by surprise imo. $10 area is where this this seems to stay until whatever is cooking is ready. The possibility of very big profits in the near future is too much for big money to ignore so I think I will stick around. These guys are making it look bad in the meanntime. GLA
RIOT and MARA will be $20+ when Bitcoin pops to the 40-50K range imo
Double from what price tho?
This will double while Btc goes up 50%
That's exactly why I'm buying BTC and not this trash
Because they are all scams to enrich the management of the companies I'm starting the think. Apparently they are all diluting shares
BTCUSD making new highs, why is RIOT
and other related stocks like MARA red and having a hard time?
36mill shares short here, better cover man! Bitcoin is going to 44k+++
BOOM! Thats a MASSIVE pie in the face
BOOM! There it is! As predicted! Bitcoin breaking out and miners going along for the ride!!! RIOT and MARA
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