The risk reward that I see in this chart is so exciting, I literally just slapped my poor memaw out of her rocking chair.
Whenever someone hears I’m “in the market” inevitably they ask: “what’s the best way to play BTC”.
Many state that this Chinese company is unreliable, attributing this fact to the shaky regulations that some nations are beginning to impose. Further, history tells us that some yellow companies are untrustworthy.
Let me point out, that if any of the above mirror your own feelings, then you shouldn’t be dabbling in crypto.
Looking forward, this company has purchased a spot in the Midwest US (very cheap electricity) planning to move the massive operation within our borders, and within the grasp of our shiesty ass regulators (that’s good). Additionally the company has stated that they are researching new cleaner ways to mine Btc. That could mean cheaper mining processes. Further, if they are able to successfully mint a new cleaner mining method... I could see them monetizing that out to other miners.
Yes they had their mining opp in China shut down. That’s why we are trading at 3. But in the mean time, they have continued mining ETH, which after that London update has been doing well.
That fact alone warrants a higher SP in my view.
Now, we watch Btc. It’s possible we get a downturn & a segue into ALT season. If that comes to pass, that is yet another buy opportunity. The past month has seen HF’s eating shares like skittles.
Speaking of skittles, the old bag is hungry again, and I’m still trying to find her dentures.
Whenever someone hears I’m “in the market” inevitably they ask: “what’s the best way to play BTC”.
Many state that this Chinese company is unreliable, attributing this fact to the shaky regulations that some nations are beginning to impose. Further, history tells us that some yellow companies are untrustworthy.
Let me point out, that if any of the above mirror your own feelings, then you shouldn’t be dabbling in crypto.
Looking forward, this company has purchased a spot in the Midwest US (very cheap electricity) planning to move the massive operation within our borders, and within the grasp of our shiesty ass regulators (that’s good). Additionally the company has stated that they are researching new cleaner ways to mine Btc. That could mean cheaper mining processes. Further, if they are able to successfully mint a new cleaner mining method... I could see them monetizing that out to other miners.
Yes they had their mining opp in China shut down. That’s why we are trading at 3. But in the mean time, they have continued mining ETH, which after that London update has been doing well.
That fact alone warrants a higher SP in my view.
Now, we watch Btc. It’s possible we get a downturn & a segue into ALT season. If that comes to pass, that is yet another buy opportunity. The past month has seen HF’s eating shares like skittles.
Speaking of skittles, the old bag is hungry again, and I’m still trying to find her dentures.
