RE:RE:Crypto Yes, might in the short term with the halving in April. Having said that I stand by my reasoning connected to mining and thus the reasons for DM staying away from this and the crypto market in general. Your logic is astounding!!!
From the following article:
The business has been yanked out of the doldrums by the cryptocurrency's recent rally - and now mining companies are racing to lock in profits before bitcoin's "halving", when rewards for producing the tokens are cut in half.
However, mining - a highly energy-intensive process - is still not as profitable as in its 2021 heyday.
To conserve their profit margins, some players have resorted to moving their operations to Central American countries where energy prices are more affordable, and governments friendlier to cryptocurrencies.
So why jump in now? Focus on the core assets as entering into a sector you have no clue about with no capital to invest in it would be a disaster. Furthermore after the halving in 3 months it is likely that only very large, well established miners will be able to survive as supply is cut.
https://www.reuters.com/technology/cryptoverse-bitcoin-miners-make-money-ahead-halving-2023-11-14/#:~:text=The%2030%2Dday%20average%20of,as%20in%20its%202021%20heyday.