You sell your shitcoins? that not very appropriate for a crypto acolyte.
Remember, HODL until your crypto lords are telling you to do so.
Remember, HODL until your crypto lords are telling you to do so.
Bitcoin Miner Marathon to Sell Notes to Buy More Bitcoin
- Thread starter johnarb
- Start date
I don't sell spot crypto. I use derivatives to accumulate at a better price.
On second look, seems I mis-read my Mara positions. I actually have less than 30 contracts, but it's all good, I am diversified among most all the miners. My shortest dated Mara options expire end of next year-- I may start to think of closing them out tomorrow as I've milked over 60% of value out of those ones.
If you were a little educated, you would have properly made a criticism in that the energy cost Mara uses is quite high compared to some of its competitors (hence they are using other methods to accumulate). But, sadly it looks as though that's above your level of understanding in this asset-class.
If it were not for this one blemish of Mara, I'd let all my contracts ride a lot longer.
On second look, seems I mis-read my Mara positions. I actually have less than 30 contracts, but it's all good, I am diversified among most all the miners. My shortest dated Mara options expire end of next year-- I may start to think of closing them out tomorrow as I've milked over 60% of value out of those ones.
If you were a little educated, you would have properly made a criticism in that the energy cost Mara uses is quite high compared to some of its competitors (hence they are using other methods to accumulate). But, sadly it looks as though that's above your level of understanding in this asset-class.
If it were not for this one blemish of Mara, I'd let all my contracts ride a lot longer.
And so... the youtubers giving their 'guru' advice...
Every 8 hours I get another notice.. up 5%, down 5%... Added a couple more lots for my stacks just now.
Another note regarding Mara for traders.
Option open interest:
Option open interest:
- Coinbase: Half a million
- MicroStrategy: 730K
- Marathon: MM+