From the previous bubble, hmm...
Based on the characteristics of mining stocks (MARA), it was observed that there was a sensitive reaction to Bitcoin's price increase, leading to a significant surge. During the period when Bitcoin does not reach a new all-time high, it surprisingly remained relatively stable or had a sluggish movement. It is believed that the timing for the explosive surge in mining will depend on Bitcoin's new all-time high.
After Bitcoin reaches a new all-time high and undergoes a correction, mining tends to remain stable or experience a downward adjustment until the next all-time high is reached. It was observed that even when Bitcoin starts to rise, it may not reach a new all-time high quickly. Therefore, I wanted to inform you about this feature.
It may seem obvious when you think about it, but what I wanted to convey is the importance of understanding that until Bitcoin reaches a new all-time high, it may not follow the same movement. So, I thought it was important to communicate this.
There is a characteristic of rising sharply at the time of updating the highest value, so I thought it would be beneficial even for those who want to do it in the short term.
I recommend the medium term.
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わさビーフ : Thank you!
J_M_RIN OP : I think it's better to consider mining as a timing observation rather than stock price, as the ceiling of mining is undoubtedly when Bitcoin reaches its peak. I don't think anyone knows how strong mining can be.
nonmoment : If it reaches an all-time high, of course it will skyrocket. If you keep it smoldering, there will be more people with a condescending attitude towards you.
J_M_RIN OP nonmoment : That's correct.Ultimately, it depends on how much profit margin can be extended by having timely observations and target numerical values while many investors do not understand the ceiling.