Hut 8 Corp HUT

Playing the odds

[CannaBaked]

every high has its low.
predictions on new entry?
btc correcting a little, just before our open...
i smell a sell off, i bet some whales that want into HUT smell it too.

[LeJames]

Nice trade CB. I have stopped trading HUT as I have too many shares lol. Even some successful trading won't make much difference to my overall position. BTC chart looks quite bullish. Just some consolidation and will get back on track to my $55k target for end of Feb. Cheers

[CannaBaked]

thanks Le I appreciate the feedback. I agree with you on 55k. Yea my float started small back at 0.88 and from past years of MMJ personal losses have me taking profits. Switched my trading style, it's working but I do believe longs will have better outcome in blockchain world.    

[stingray88]

I agree, I have been trading for 28 years and was an investor for many of those years. I believed the hype, drank the koolaid but was seemingly bag holding too often. Developed more of a trading mindset and havent looked back. I can trade stocks multiple times a day/week and make out like a bandit. Especially in today's climate. Anyway, not fond of how this one is trading lately, far too much

[LeJames]

Don't just complain on this board, stingray. Every shareholder should email management and highlight the low trading volume, which makes the stock very vulnerable to manipulation. An uplisting can easily send the stock to $10 USD. Cheers

[chucker23]

I understand your frustration, But as you fully know, especially after 28 years experience, that the market does what it wants. It sounds like your buy price is higher than the current price and you are upset about that. Dollar cost average then. It looks to me like we are shifting from weak hands to strong ones. That's a good thing in the mid to long term perspective.  We get this kind

[Singidunum]

Most of the people on this board are bagholders. Bought the hype. Same thing happened 2 years ago. They have to understand you can make money both ways. Use stop losses to protect your capital. I do believe in BTC I also think that HUT is one of the best miners. I did sel @ $7.50. That was not a realistic price. We will see $7.50 when btc hits 50K. 

[stingray88]

Exactly, thank you.

[stingray88]

negative on the high price. I have flipped this at least 8 times and still hold a core position (just in case). The stock should be higher based on the price of btc. Something/someone is holding the price down. Regardless, as I stated if it goes up fine, if it goes down fine. I see things the way they are.