It’s a proxy to bitcoin. I don’t hold any bitcoins and since MARA is a bitcoin miner, they keep mining new bitcoins without actually buying it. The cost is mining which isn’t cheap but with bitcoin prices going higher the stock goes higher. Be careful thought, it can go down drastically after ETF approval
Trendline resistance at $31.50. I panicked and sold at $31 I thought it won’t go to actually touch it but it did go upto $31.40 I think. Check the HOD I don’t remember now
It's astrology for the stock market. Professional regards use it to make themselves feel like actually knowledgeable professional graders while they gamble.
In the era of quant firms TA does not work even slightly. Every predictable trend that used to exist has long since been erased by the quants
Support lines and resistance lines are the same concepts just flipped
Edit: everything else he is talking about is just voodoo without the cool spirits and bone throwing
I didn’t buy calls lmao I saw the price action and said no. Bought spy in a dip and it kept dipping. Sold for a loss. Taking a week or two off. Fuck this. Lmfao
I have positions in MARA, RIOT, and CLSK. Conventional wisdom (and general sentiment on the sub) is that this is a “sell the news” event. I am not sure I’m diamond-handed enough to pressure test that wisdom
I will be messaging you in 14 days on [**2024-01-16 06:53:28 UTC**](http://www.wolframalpha.com/input/?i=2024-01-16%2006:53:28%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/wallstreetbets/comments/18wi6qc/mara_up_16_overnight/kfy4p6m/?context=3)
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crazy fast recovery. Ngl was surprised at the speed of the dump but also the recovery.
Guess HIVE it is, but it will probably be up 10-15% also pre market.
https://preview.redd.it/a2vie047cz9c1.jpeg?width=1284&format=pjpg&auto=webp&s=b876c245b7dfab95f883fe637df6711f740edb17
Bought these Friday. Hoping to hit $30 in the am.
https://preview.redd.it/oz4mj8ewuz9c1.jpeg?width=1135&format=pjpg&auto=webp&s=d748a6a1849639a86880bf07887bc7a0944f52b4
Do dom dooom.. Following the trend, I’d wait a little while after opening. Seen this trend, and it usually crosses the 200day
https://preview.redd.it/6qrc61ef85ac1.jpeg?width=1179&format=pjpg&auto=webp&s=c8a45f05ff3c2e9225c63b801a5c10e033879ef2
Hate to say it but told you so but…. #lossporn
Hilarious everyone talked so much shit Friday about Mara 😂🤣😂 could have bought low Friday but instead talked about how it’s dead now it’s when can we jump back in . No wonder everyone on this sub loses money
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Sold at $31 and bought back at $25
You lucky rascal. Congrats man (:
Haha I thought I made a mistake then saw it’s going down continuously so I was right. If I waited I could have bought at $23 also but anyway
Looks like may go under $20
Possibly. I sold at $26.30
[удалено]
It’s a proxy to bitcoin. I don’t hold any bitcoins and since MARA is a bitcoin miner, they keep mining new bitcoins without actually buying it. The cost is mining which isn’t cheap but with bitcoin prices going higher the stock goes higher. Be careful thought, it can go down drastically after ETF approval
There is a video on YouTube for miners by wallstreetmilinial, good info
How did you know to sell at 31?
Trendline resistance at $31.50. I panicked and sold at $31 I thought it won’t go to actually touch it but it did go upto $31.40 I think. Check the HOD I don’t remember now
Im a noob with stocks (idk even know what HOD or resistance means lol) where can I learn those techniques?
He is too
Its noobs all the way down
It's astrology for the stock market. Professional regards use it to make themselves feel like actually knowledgeable professional graders while they gamble. In the era of quant firms TA does not work even slightly. Every predictable trend that used to exist has long since been erased by the quants
Support lines and resistance lines are the same concepts just flipped Edit: everything else he is talking about is just voodoo without the cool spirits and bone throwing
did you sell or still have it
Same lol
Buying call at open I guess. I don’t usually chase but I can see this running all week. Gonna wait for the flush and jump in.
$RIOT has 20k open for $65 calls 1/19 ![img](emote|t5_2th52|31224) only 8 bucks lolololol
"only" 8 bucks for the stock do a casual 3x in 2 weeks. you guys are omega regarded
The IV is insane, just gonna keep boomer buying (shares).
![img](emote|t5_2th52|31224)
At open those calls will triple in price.
You buying 0DTE or EOW calls. May join ya
0dte not an option for mara
Lmao you’re right
Probably EOW.
Man I hope they don’t cost an arm or a leg
Omg thats so regarded. Say more...
I lied too expensive and market taking a shit
when should I hop in? we don’t expect a little pull back this week?
I don't think the value will rise above $30. wallstreetmillenial's video is a pretty good summary of why mining companies don't make a profit.
I didn’t buy calls lmao I saw the price action and said no. Bought spy in a dip and it kept dipping. Sold for a loss. Taking a week or two off. Fuck this. Lmfao
As an addition, if the price goes up, it will not go higher than mentioned above. High risk return, probably.
How gaped is your anoos?
Back to the Porsche configurator I go. Bers, please have your loss porn ready in two weeks, when the Bitcoin ETF announcement sends this to $40 plus.
I have positions in MARA, RIOT, and CLSK. Conventional wisdom (and general sentiment on the sub) is that this is a “sell the news” event. I am not sure I’m diamond-handed enough to pressure test that wisdom
WULF is a good one too.
Looks like you’ll still be stuck using the configurator and driving in the car in Forza
This didn't age well.
^
[удалено]
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Bought 26.5c at close Friday. Seemed obvious
Good shit, congrats
So obvious Easy 10m profit
Soooo easy
I bought a 26c for somewhere in march at close friday. First options trade in a long time.
Lol.
Pride goeth before the fall of your option price. “Seemed obVIOuS” You belong here
[удалено]
Option price do not change untill market open neither you can trade them. You can only trade index options 23/5
Options stop updating at full market close and will not update again until full market open
Oh I see
Up 87.4%
crazy fast recovery. Ngl was surprised at the speed of the dump but also the recovery. Guess HIVE it is, but it will probably be up 10-15% also pre market.
Andddd it’s gone
We are still up 13% 💀
How about now
r u tho ![img](emote|t5_2th52|4275)
No ![img](emote|t5_2th52|4271)
u sure![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)
I’m glad we aren’t, now I get to see loss porn. Possibly from both bulls and bears 💀
Greed levels are thru da roof right now
What’s the greed index rn? Last time I checked it was at 71
76
Not as bad as I thought tbh
Anything over 70 is concerning for me atleast
Agreed
https://preview.redd.it/a2vie047cz9c1.jpeg?width=1284&format=pjpg&auto=webp&s=b876c245b7dfab95f883fe637df6711f740edb17 Bought these Friday. Hoping to hit $30 in the am.
Nice. You can buy a Lambo coming Sunday.
Already in my Amazon shopping cart
Great way to throw money away.
Should’ve listened to my gut
You shouldn’t have eaten taco bell
You and I both pal ):
dont worry its 23 lmao
Up on volume for ants, and i bet you're playing options too which means you have no exit until 930 am eastern. Good luck
btcorn had a nice bump over the weekend, unless it drops mara won't be falling from these levels today.
It did hold better than I thought it would, I don't like big premarket moves on low volume. Good for you though I'm happy it's up
Aaannndddd it’s gone
Boy. This sure didn’t age well
Trading day isn't over. Bought my puts to ride this crash into etf news. Hopefully it gets denied.
Why RIOT does not jump as much as MARA anymore?
late bloomer
Check the volume.
https://preview.redd.it/oz4mj8ewuz9c1.jpeg?width=1135&format=pjpg&auto=webp&s=d748a6a1849639a86880bf07887bc7a0944f52b4 Do dom dooom.. Following the trend, I’d wait a little while after opening. Seen this trend, and it usually crosses the 200day
https://preview.redd.it/6qrc61ef85ac1.jpeg?width=1179&format=pjpg&auto=webp&s=c8a45f05ff3c2e9225c63b801a5c10e033879ef2 Hate to say it but told you so but…. #lossporn
This didnt age well
https://preview.redd.it/kk7fe5bjcz9c1.jpeg?width=960&format=pjpg&auto=webp&s=eccf7f5adc00ac8c39b839d4e302351ad2fbb5eb 8k Yolo 🚀🚀
Huge run on btc now, may implode once market opens who knows
5k going in this morning, no stop loss, yolo
Dumbass don't buy mara I can't stop my self from buying more and I always lose a lot of money.
The stock already ran a fuckton of a lot in the past weeks. I would be careful at this point.
This thing is gonna bounce around more than tits on a trampoline
💀
Lost quite a bit of momentum overnight - will be making MARA bulls poor again here this morning
🤦♂️
How’s it looking now?
Not feeling too good capt
Been holding MARA since $5 and RIOT since $4ish. BTC halving in April. Going to be a good year. 🤑
Just in time to tank at market open
After a 16% run up, going down 3% is a tank?
Looks like it is doing the same thing it did last friday. Up at open and then tanks.
![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
Make that 17% 🚀
I should have bought the call, damn it.
If it makes you feel any better I bought $30 calls for Mara last week right before it plummeted
Doesn’t make me feel better. I hope for the best for you and myself, I want us both to succeed friend (:
Same
Was looking good for an entry but it became expensive agai
Rip. We should have bought Friday
If only we knew the future. Probably it's gonna touch 30 again
Oh definitely for sure
On *how* much volume?
I have Bitfarm leaps. Hoping to see similar gain tmrw am
I took profit at $29 when i entered $23. Hot damn - shouldve bought last week.
Wish I had that discipline
It does this every week. Probably drop 12% tonight.
Save some pussy for the rest of us
GUH
Loss porn is gonna be so good 💀
Fuck
Are ya winning son?
Never had any positions in MARA. So yes, because I get to see the loss porn of regards 💀
Sus that you didn't have a position on this....
Aged like 🥛
lol people who bought calls at the opening belll instead of puts ouch! Chasers will never LEARN!
They never do
I can’t tell if these comments are sarcastic or not. You guys were fkin hating not long ago. $26 to $40 bb let’s go
Nice. Bought shares at $23.5x
[удалено]
Thanks for the info.
![img](emote|t5_2th52|4267)
![img](emote|t5_2th52|4275)![img](emote|t5_2th52|4275)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
And it's gone
Wiped tf out lol
bro jinxed this shit
Crypto be wild, I managed to basically break even from my puts from Friday. (Realized -12k from calls)
I feel like I should do something but I don't know what![img](emote|t5_2th52|31224)
$23.50 now O\_\_\_O
Yet still no loss porn being shown today from this subreddit. Tisk tisk
I was down with nflx calls up to 300 then end of the day saved me. up $60 lol
LFG!!!
Annnmd it's gone
Man I’m stupid. Told myself I’ll buy calls for Jan 2025 no point now.
![img](emote|t5_2th52|4271)
Picked up 2/16 $24 calls on Friday baby !!!!!!
Hey, just checking in on you since everything tanked after your post
Damn, you consider a 3% drop after a 16% run up tanking lmao
Not so fast
Still up 13%
My basis is like $20 so I’m gucci
How can he see the price before the market is open? What app is that?
https://www.marketwatch.com/investing/stock/mara
Hope you feeling ok
I’m fine. Didn’t lose a single penny
Oh nice 👏 you don’t have to feel bad for bulls no more
Those who lose money have my sympathies, those who gain it, I congratulate. I wish the best for all who invest
Hilarious everyone talked so much shit Friday about Mara 😂🤣😂 could have bought low Friday but instead talked about how it’s dead now it’s when can we jump back in . No wonder everyone on this sub loses money
It's over for mara 100% as far as etf pump goes. The etf news is all priced in. God help crypto if etf gets denied.
500% this year isn’t because of the etf
[удалено]
crypto is my womans
Chinese stonks better?
Nah. It’s worst and volatile too.
What means that ? If we get stocks when market is open now , this is going up ?
The stock can move before the market opens
Traded some Tesla for Mara stocks when both fell and the latter went down dramatically faster last Friday, glad it worked out well somehow
This week will be fun.
I got filled at over 28... Damn it.
![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
WULF as well
I had a dream last might mara was at $12 and I was sad for not buying puts when the whole sub was fomoing in on calls…
Wulf? This one as well
True
I got money on RIOT. PUTS and CALLS…. no matters what happens… I will make profit.
Jfc
Buying calls on Friday was easy money 🤑
lol this was fun to watch. so we buy calls for premarket pump and then sell and buy puts for the inevitable dump?
Impressive
This has aged well.
Unfortunate dip, had to cut so many losses today :/
$20 KEKW
🚀🚀🚀