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Originally Posted by iDumb
Going back on my posts on investing in bitcoin directly vs investing in miners as a play. The prediction was spot on and in that short time.
BtC all time high again. RIOT is at half the value from then. This is where understanding of market dynamics would play dividend for investors.
BTC ETF is out. So one can invest in the ETF - which is a good idea also but those miners long term play are bad idea over buying the actual coin..
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You were right with RIOT but MARA which is similar to that of RIOT is trading at 60 bucks a share. I also don’t think mining stocks are worth it long term. But the IVs on them are insane. Premiums weekly on covered call is enough reason alone to owning some of them.