RE:RE:RE:Anybody Else Feeling Behooved HereHonestly, you'd probably find more correlation in deratives of both the overall crypto curve and the miners curve. And you'd want know your delta for each curve, during the steepest parts of the curves. Thats where you'd most likely find your correlation.
AlphaJ wrote: One clarification, traditional guys like us are ALWAYS behind the crypto market but we tend to accelerate and decelerate faster then the direct crypto market.
AlphaJ wrote: Yea, this isnt a linear relationship, it is quadratic, as miners tend to out pace their underlying asset in both directions. Which is why I choose miners over direct crypto for the immediate-short term. 10 years from now, I wont hold a single miner. Just crypto.
When the market is super greedy, miners outperform crypto. When the market is more fearful. Miners underperform crypto.
This is where is gets complex, for anyone smart enough, following the numbers and psychology.... Note your audience. The F&G index for market crypto believers vs traditional asset investors are out of phase. Traditional market participants like us will lag behind the actual market going up or over react when the market goes down. So bitcoin has to really go right now, and probably break the previous ATH before miners start to outperform bitcoin again. Patience.
-Alpha
3arseofDD wrote: BTC near 54k last time we where at 4.67 when it was at only 51k
Feel like I'm getting Fluffed here..got regulations in my pocket and