MARA..Looking tp movr

Search

Member
Joined
Oct 12, 2008
Messages
10,180
Tokens
for the Canadians out there looking for a pure BTC product listed on the TSX -- btcg.un (using USD, btcg.u ). Good liquidity , decent spreads (eligible for rrsp and resp, lol)

of course, trading it Vs trading btc at a crypto exchange has its disadvantages-- this fucker can gap up or down HUGE depending on what btc does overnight/over the weekend. So i'd keep on eye this chart;

(click 1 D, far right 'wodescreen')...caution with any underlying thats in a parabolic move, ........... as of now , no bearish daily candle or weekly for that matter

https://www.investing.com/crypto/bitcoin/btc-usd-chart

https://www.firstasset.com/solutions/overview/?fund=CI+Galaxy+Bitcoin+Fund

under investor suitability ;


  • can tolerate a medium-to-high risk.
@):mad:
 

Member
Joined
Feb 28, 2005
Messages
8,810
Tokens
Up 21%, over $27. This thing is unbelievable....and it makes me sick that I sold early!
 

Member
Joined
Nov 15, 2006
Messages
12,412
Tokens
YOU'RE SICK..My account says I am up $84000 on MARA when I am up $18000.
 

Member
Joined
Apr 30, 2009
Messages
4,952
Tokens
for the Canadians out there looking for a pure BTC product listed on the TSX -- btcg.un (using USD, btcg.u ). Good liquidity , decent spreads (eligible for rrsp and resp, lol)

of course, trading it Vs trading btc at a crypto exchange has its disadvantages-- this fucker can gap up or down HUGE depending on what btc does overnight/over the weekend. So i'd keep on eye this c

(click 1 D, far right 'wodescreen')...caution with any underlying thats in a parabolic move, ........... as of now , no bearish daily candle or weekly for that matter

https://www.investing.com/crypto/bitcoin/btc-usd-chart

https://www.firstasset.com/solutions/overview/?fund=CI+Galaxy+Bitcoin+Fund

under investor suitability ;


  • can tolerate a medium-to-high risk.
@):mad:

Anything similar for Ethereum in Canada?

ETHC?
 

Member
Joined
Apr 30, 2009
Messages
4,952
Tokens
Mara closes at $26.39

What a week.
 

Member
Joined
Apr 30, 2009
Messages
4,952
Tokens
Sold 75% of my shares at the $20.00 stop loss i had in place.
The remaining shares are a complete freeroll.
Rebounded to close at $23.36.

Shout out to METFAN who put this on my radar.
 

Member
Joined
Oct 12, 2008
Messages
10,180
Tokens
Anything similar for Ethereum in Canada?

ETHC?


no idea.

BTC is gaining steam as a new toy (er , asset) for the markets ,more products to hit the market. Ninepoint now has a mutual fund, certainly not as liquid as an etf

https://www.wealthprofessional.ca/i...artners-enters-the-digital-asset-space/336594




there is bitcoin exposure in a few etfs that i'm aware of;

C Wood's, ARKW , ARK Next Generation Internet ETF

https://ark-funds.com/wp-content/fu...EXT_GENERATION_INTERNET_ETF_ARKW_HOLDINGS.pdf

https://ark-funds.com/arkw#holdings

if you dont want to use USD, Emerge Canada carries them ; ticker is EAAI. However, CEO , Lisa Langley has not introduced blockchain into EAAI yet, the plan is sometime in 2021

another is Evolve's EDGE etf

https://evolveetfs.com/product/edge/

how about that sector allocation pie chart?! (click portfolio from the middle of the page, above link)

about 11% in blockchain
 

Member
Joined
Feb 28, 2005
Messages
8,810
Tokens
Went under $20 today....BTC was up, but MARA was down. I don't get this one.
 

Member
Joined
Oct 12, 2008
Messages
10,180
Tokens
BTC was not up for the day

(MARA is a mining crypto compnay , no? its not a mirroed btc index product)

anyway.....




https://www.investing.com/crypto/bitcoin/chart

click the candle icon, click 1D then full screen mode, far right.

each candle is 1 day. The candle ends at 7 pm ET, then the next day begins

tight consolidation for 6 days now. its formng a wedge pattern: lower highs and higher lows. This pattern will likely lead to a decisive break , ....in either direction , of course

IF today's candle (which will close tommorow at 7 pm ET) has the same anatomy as today's? bullish (esp if green)

on the hourly chart, its formed a triple bottom at $34,000ish , going back to Jan 13th. Seems to have an army of buyers at this level . (click 1 hr)
 

Member
Joined
Feb 28, 2005
Messages
8,810
Tokens
BTC was not up for the day

(MARA is a mining crypto compnay , no? its not a mirroed btc index product)

anyway.....




https://www.investing.com/crypto/bitcoin/chart

click the candle icon, click 1D then full screen mode, far right.

each candle is 1 day. The candle ends at 7 pm ET, then the next day begins

tight consolidation for 6 days now. its formng a wedge pattern: lower highs and higher lows. This pattern will likely lead to a decisive break , ....in either direction , of course

IF today's candle (which will close tommorow at 7 pm ET) has the same anatomy as today's? bullish (esp if green)

on the hourly chart, its formed a triple bottom at $34,000ish , going back to Jan 13th. Seems to have an army of buyers at this level . (click 1 hr)

Thanks for the info rib, when I posted BTC was green.
 

Member
Joined
Feb 28, 2005
Messages
8,810
Tokens
Up 28% today on TSLA's announcement that they're buying $1.5 billion in bitcoin.
 

Member
Joined
Nov 15, 2006
Messages
12,412
Tokens
I think the fact that Tesla bought over a billion $$$ worth answers that question..

also the new mining equipment they bought should be up and running soon.

Still you can always sell half and invest in Silvergate (SI) they are a bank for the crypto currenceies that was $42.5o in November and is now over $150..Was in the 160s pre market

I bought the August 2021 $100 strikes for $7300 ea
 

Member
Joined
Feb 28, 2005
Messages
8,810
Tokens
MARA is up over $40 pre-market. Unbelievable. I'm not touching this until it has another big drop.
 

Forum statistics

Threads
1,117,946
Messages
13,549,657
Members
100,549
Latest member
apptaixiuonl
The RX is the sports betting industry's leading information portal for bonuses, picks, and sportsbook reviews. Find the best deals offered by a sportsbook in your state and browse our free picks section.FacebookTwitterInstagramContact Usforum@therx.com