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conix

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conix

Re: crudeoil24 post# 13479

Saturday, 06/04/2022 2:40:00 PM

Saturday, June 04, 2022 2:40:00 PM

Post# of 14769
Waiting for some acquisitions in the space. The stronger balance sheets will win out and get bargain basement prices on crypto machines.

The prices have come down as finally strapped miners sell some of their machines MUCH LOWER than prices just 6 months ago.

The surviving companies will be much more profitable --because there will be LESS competition in the bitcoin mining as competitors fold, sell some of their machines to survive or get bought out.

MIGI and MARA are my only two holdings. Staying away from BITF for now and HIVE.

Successful Trading is the art of minimizing long term risk and maximizing capital allocation.

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