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Re: mypenneys post# 5667

Tuesday, 03/05/2024 1:02:08 PM

Tuesday, March 05, 2024 1:02:08 PM

Post# of 5766
All of that makes sense due to the production report. They have dropped over 50% in last 5-6 market days, to include most other miners. I would argue that BTC took off last week, therefore the calls were made like crazy and therefore the algos DROP the market price....EVERY day! When I looked it up this morning, calls to puts were 3 to 1. The production report could have given INCREDIBLE numbers and it would NOT have changed a thing. These things I say, I did not know prior to entering the market in 2021. If I would have known, I would have just taken my money to Las Vegas. In this market you can't even bet on a sure thing.....because if it's a sure thing, people will buy calls and the MMs do NOT want to pay!!!!!
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