Bullboard - Stock Discussion Forum Hut 8 Corp HUT

Alternate Symbol(s): T.HUT

Hut 8 Corp. is a data mining company. The Company is a vertically integrated operator of large-scale energy infrastructure and bitcoin miner. The Company acquires, designs, builds, manages, and operates data centers that power compute-intensive workloads, such as bitcoin mining, high performance computing, and artificial intelligence (AI). The Company operates through four business segments... see more

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NDAQ:HUT - Post Discussion

Hut 8 Corp > 1st attempt......BIG FAIL!

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Post by mrmomo on Jan 11, 2024 11:27am

1st attempt......BIG FAIL!

Well......THATS exactly the reason why folks like me were on the sidelines during this time! When everyone & their gandma & grand Pappy including the Taxi/ubber driver want to be in Bitcoin thinks they're gonna make a fortune......well that's the time when you want to be out@ of there!. But don't worry or fret my dear freinds.......our time will come.

This first attempt to break that difficult psychological $50k level failed......bigtime......it was a major flop......comparable to that nervous, fat, chubby kid who's reclutant to dive off the 50 foot diving board.......and when he does......the first time.....it's NOT pretty and it's a BIG FLOPAROO.....going into a contorted belly flop .......instead of that perfect form swan dive. And this my friends was to be expected, that it will NOT be easy AND it will NOT be done the first time around. If it was that easy, everyone would be rich and there would be NO stock market!

Things like these usually happen when the vast majority of investors or the most of the population IS NOT aware that it will. And it's NOT the right time to do so....... just yet! As i want to keep this commentary brief.......let's what the week-end gives us and where Bitcoin settles down after the ETF approvals are absorbed, intergrated & finally sink in.

Personally, i'm STILL on the sidelines with NO investment in the miners at this point, as stated in last post, and i'm still looking for the opportune time to jump back in! But for now, i'm out just luriking in the background! Will post more commentary as required and time allows. And please in God's name, please diligently practice Caveat Emptor when buying into miners, as all are NOT equal and there's alot of scams, frauds, overnight ops and low qualitu names being pushed out during these boom times in the sector.......so

Caveat Emptor.......Caveat Emptor.........ALWAYS....!

GLTA

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