It’s market manipulation. Mining stocks are being shorted by institutions to try to make retail investors capitulate. I will keep buying. Especially when my stock is on sale. Short squeeze coming in 2025 like GME in early 2020’s
Amazing frank talk. I've held BITF & CLSK for a solid year and made NOTHING. Hard not to feel like a fool, when even the s&p500 made 24%. I still think that when BTC goes crazy and doubles to around 200,000 that BITF will hit about 10, and CLSK about 50. Maybe the 2x BTC ETF called BITX is a better investment or even MSTR. Not really sure! Maybe top 50 Alt coins, but then there's the issue of finding a reputable exchange to transfer my money and have it still grow tax-free in a Roth...like Alto, but I'm not sure Alto is going to be good.
As a BITF investor also its frustrating to watch what is happening and I'm still in the green with this investment however, Im giving this until June 2025 then Im out..I was at first excited to hear Ben take the lead but now he has killed this company and I for one would welcome a sale to RIOT.
It's not the end of the world yet.. cycle will repeat. Just hang on. It's not only happening to Bitf but for some stocks too.. when I was impatient with Hut 8, I had regret for selling it last March where I bought it for $9 cdn only last Feb then switched to Bitf. Hard to take but it is what it is.. I learned that in stocks it's not all fundamentals and we never know not unless you know some insiders. Even TAs are not 100% guaranteed. It will bounce back to next yr
@@Mikiko-s7yI did the exact same thing. If you’re in this space long enough you’ll see sentiment can be in the dumps one second and then shift the next, so I’m just going to keep hodling
It’s market manipulation. Mining stocks are being shorted by institutions to try to make retail investors capitulate. I will keep buying. Especially when my stock is on sale. Short squeeze coming in 2025 like GME in early 2020’s
Amazing frank talk. I've held BITF & CLSK for a solid year and made NOTHING. Hard not to feel like a fool, when even the s&p500 made 24%. I still think that when BTC goes crazy and doubles to around 200,000 that BITF will hit about 10, and CLSK about 50. Maybe the 2x BTC ETF called BITX is a better investment or even MSTR. Not really sure! Maybe top 50 Alt coins, but then there's the issue of finding a reputable exchange to transfer my money and have it still grow tax-free in a Roth...like Alto, but I'm not sure Alto is going to be good.
Selling my bitf for shartcoin
As a BITF investor also its frustrating to watch what is happening and I'm still in the green with this investment however, Im giving this until June 2025 then Im out..I was at first excited to hear Ben take the lead but now he has killed this company and I for one would welcome a sale to RIOT.
I’ve gotten some informal feedback that basically mimics what you’re saying. If the price is even just reasonably right, RIOT can have it all.
What did Ben do to destroy the company...? The insane share price manipulation isn't his fault lol. The man is very smart at this business.
It's not the end of the world yet.. cycle will repeat. Just hang on. It's not only happening to Bitf but for some stocks too.. when I was impatient with Hut 8, I had regret for selling it last March where I bought it for $9 cdn only last Feb then switched to Bitf. Hard to take but it is what it is.. I learned that in stocks it's not all fundamentals and we never know not unless you know some insiders. Even TAs are not 100% guaranteed. It will bounce back to next yr
@@Mikiko-s7yI did the exact same thing. If you’re in this space long enough you’ll see sentiment can be in the dumps one second and then shift the next, so I’m just going to keep hodling
Its all the miner's
The markets can be irrational for sure😅
The movie idiocracy lol, fart coin....
I sold all my bitf. Diversified in iren, clsk, jepq. I would've been good with riot buying bitf.
Arnt iren clsk non profitable
you are wrong! it's 1.60 a share, and deserves to go bankrupt