Bitcoin vs Bitcoin miners - 1 month comparison

16 mar 2021

Bitcoin vs Bitcoin miners - 1 month comparison

BTC/USD = +15%
RIOT = 0%
MARA = (-11%)
BTBT = (-37%)

Technically there should be a direct correlation or at least a similar indirect correlation.

Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tradingview.com/u/growerik/

16 mar 2021

Trade attivo

BTBT strangle
3/19 expiry
$17.50 call
$15 put

17 mar 2021

Nota

Hash rate power PH/s of miners:
BTBT = 2,253 (+1% of global Bitcoin mining)
RIOT = 456
MARA = 0 (awaiting delivery of 15,200 mining units Q1)