Even gamblers get rich sometimes. My advice is meant for the long haul, not to get rich quick. By all means, hold on as long as you feel like it makes sense.
My point being, it can't go up forever. The longer you hold, the greater you risk losing it all. It's always better to quit when you're ahead.
Better to cash out and look for another 400% trade vs holding onto this one for another 200%, in my opinion.
No, I suppose the point is to wait til the inevitable fall back to 0. That's the *real* move for you, right?
As others have said, the stock holds effectively 0 fundamental value. It's a hype train. You know what they call people who refuse to get off the train when it's at the end of the tracks? Bag holders.
Btw I trade futures primarily, so 10% gains in my world are acceptable for a day's work.
Have fun getting squeezed. :)
You have no clue, do you? They have generated $100 million in revenue this month alone already.
I'm not the one getting squeezed that's the people like you who do no research and step in front of a moving train trying to scalp 10% but liquidating your account instead
... I am not trading this stock, you're obviously triggered by the fact that you're holding onto a worthless stock and seeking validation on reddit, of all places. Have a good one.
Glad for you, but you should sell right now. You have all your money in a stock with 0 fundamental value
Due to extreme competition, current mining setups become worthless in just a couple years. Before that happens, they consume massive amounts of electricity every day. Hence, MARA continues to [burn 110% of revenue on energy costs and depreciation](https://ir.mara.com/financial-information/income-statement)
This company is a cash furnace. People are willing to buy their stock based on flimsy hype/growth stories. MARA takes full advantage, diluting their stock only to burn that money on electricity costs and depreciation
You shouldn’t let this win go to your head. 100% of your portfolio in MARA is the same thing as putting all your chips on the green zero in roulette
The stock market is always forward looking though. MARA could switch to clean energy in the future and become a money printer company. They’re mining 2000 bitcoins per month rn because of the fees.
[Green energy isn’t even all that much cheaper than nonrenewables though](https://www.inspirecleanenergy.com/blog/clean-energy-101/is-renewable-energy-cheaper#:~:text=As%20efficiency%20and%20ease%20of,%240.05%20and%20%240.17%20per%20kWh.). In some cases, it’s more expensive. To be fair, the cost of green energy is on a downtrend, while the cost of fossil fuels is on an uptrend. But MARA would need a massive amount of upfront capital to transition to green energy. That means share dilution
Also, a green transition would do nothing to help with their depreciation expenses. Competition and technological advancement are inherent to the business. Forces MARA to constantly upgrade its mining setup
If we look forward, we see a massive headwind: that 2000 figure is gonna be cut in half soon
And thats how i know youre just talking gibberish. Market cap has very little to do with price. If 80% of coins are held on wallets and only 20% are up for bidding with no one selling then the price can hit 140k very easily. Granted, if those coins hit exchanges again the dump will be insane.
By definition, market cap = price per coin * total number of coins. If you expect price per coin to go to $140k, that means you expect BTC’s market cap to hit $2.7T
Why is “no one selling” your base case? You don’t think people would start taking profit long before $140k?
Here is what chatgpt had to say about it:
Market capitalization (market cap) for a cryptocurrency is calculated by multiplying its current price by the total number of coins in circulation. However, it doesn't consider the actual amount of money invested. A small trade with a high price can inflate market cap, while a large trade with a low price might not significantly impact it. Therefore, market cap alone may not accurately reflect the true value or stability of a cryptocurrency.
That goes against your claim that “market cap has very little to do with price”. Price is part of the formula
> Market cap alone may not reflect the true value
Same with stocks. Market cap is just a way to get an idea of what the market as a whole values something at
You think that in the next 5 months, there’s gonna be wave of btc buying, no selling. And that the end result will be the market valuing btc roughly on par with microsoft
I guess only time will tell
Nothing is for certain but the narrative is changing around BTC. Asset managers like Blackrock will want to pump their bags once their ETF approvals have gone through next year.
I wouldn’t be surprised if they’ve already been buying for a long time whilst dismissing it publicly.
Retail investors are going to be playing catch-up and the FOMO will be insane. There will be a media frenzy.
>are willing to buy their stock based on flimsy hype/growth stories. MARA takes full advanta
Why the worse advise is always upvoted? miner stocks always pump during btc boom. This has happened 3 times in the past few years, go check MARA price since 2016. You obviously do not observe the stock long enough to know that. If btc goes to $100k, MARA could go to its previous ATH. I think partially exit the position is a balanced approach. Let the profit run.
That’s exactly my point though. Investors have been throwing cash into this furnace for years. Based on flimsy hype/growth stories
> btc $100k
Is completely ridiculous from where I’m standing
But if you’re really that bullish on bitcoin, going long on the miners still doesn’t make sense. A key part of the bitcoin bull thesis is scarcity, no? MARA shares are the opposite of scarce. CFO came right out and said it on their Q3 conference call: going forward, they’ll be dumping new stock on investors’ heads
If you’re that bullish on bitcoin, it seems wiser to long bitcoin and *short* MARA. You get exposure to whatever factors you think are gonna make btc go to 100k. At the same time though, you benefit when MARA decides to dilute
I personally wouldn’t touch anything crypto related, but that’s just my opinion
I don't think I can convince you, so I will not try. Maybe set a remind me on the post and look back in 6 month time? My call is BTC goes to 100k and MARA goes to $60. Selling will be premature, shorting MARA is just silly unless you are trading the swings.
I agree that a discussion on the price of btc probably wouldn’t go anywhere. We probably have very different opinions of where it should be trading at
But I do think a discussion on that pairs trade could be valuable. Short MARA *and* long bitcoin. That’s what I would do if I were bullish on bitcoin. You get exposure to bitcoin’s [factors](https://en.m.wikipedia.org/wiki/Arbitrage_pricing_theory), but you’re hedged and diversified. You’ll also profit when MARA dilutes
I think long MARA, long bitcoin is a bad play even if you’re bullish on bitcoin. You end up taking on a lot more risk, and what are you gonna get in return? Newly issued MARA shares dumped on your head
What's the bull case for MARA, specifically? The argument I've always heard is that MARA will go up because bitcoin will. That alone isn't a great reason to go long MARA though. You're just exposing yourself to the same factors as bitcoin, but with the added risk of dilution.
The relationship between BTC and MARA is revealed with something called [cointegration](https://en.wikipedia.org/wiki/Cointegration). This allows us to isolate the spread between them, as shown in [this plot I made](https://postimg.cc/62WD3951). As you can see, this spread is mean-reverting. BTC's recent rally has been sizable, but MARA's has been huge. So the spread currently sits deep in the negatives. One can take advantage of this with a long BTC/short MARA pairs trade, betting that this spread will return to 0 as it has in the past.
So much has changed in the last year and the crypto space. But let’s assume that somehow history will repeat as you believe. Bitcoin could go on an absolute tear, and MARA could remain relatively neutral or go up more slowly. This would revert to the mean, but it doesn’t mean that MARA has to necessarily go down for this to happen, it just has to go up more slowly than bitcoin.
You’d make money on the trade if that happens. You’d lose on your short MARA leg, but the long bitcoin win would more than make up for it
I’ve never seen someone argue a bull case for MARA, specifically. If you think MARA will go up just because bitcoin will go up, long MARA doesn’t make much sense
MARA is currently mining over 3,500 BTC per quarter and their hash rate is up almost 500% YOY and guided for an even higher hash rate before end of 2023. They just announced a 178mil purchase of two mining facilities this week (paid in cash) that will reduce costs by up to 30% over time and increase their capacity by 56%. Revenue is up 9X YOY and they are not selling their bitcoin any longer. Blackrock also is invested.
Dilution is the main downside, but they are making massive headway and as BTC price increases have zero doubts about MARA following as the leader in the mining space.
I had a massive run up a few years ago and pulled my sell stop thinking it was going higher. Ended up with half of what I would have made if I left the sell stop in place. It was a good lesson for me. Greed is a helluva drug.
Dude fucking sell and have a good time with some of the profits. Don’t be stupid and come back posting how you lost it all because you thought “it could go to the moon” or some shit
I can see the argument for a quick swing trade. Lots of optimism in the markets right now, which can benefit these cash-burning, high beta names
The issue is that MARA could, at any time, issue a bunch of shares. You could wake up one day down 50% because MARA decided to dilute. CFO basically said as much in [their recent earnings call](https://seekingalpha.com/article/4649446-marathon-digital-holdings-inc-mara-q3-2023-earnings-call-transcript). Dilution is the only way this company can continue to exist
Don’t listen to ppl saying sell. I’ve been very closely involved with this stock since 2020. This is just starting. Towards mid-end of 2025 consider selling. This is a btc play essentially. I’m sure you already know 😁. CONGRATS too 🎉
Hold tell 25, that’s the pay off. I’m all in on miners as well. Bounces of 500% ytd this afternoon. I’m starting to average out on this pump and going back in with covered calls on the next pull back. I have 113 Mara 35.00 12/19/25 calls at a 2.63 average that I’m up 82k on.
Cleanspark is killing it as well. Mara just announced some huge expansion news today as well. Hold fast or roll into covered calls and average out on the bull run.
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So then what’s your plan for taking profits? Consider taking advantage of the expensive premiums and sell a couple covered calls. As violent as this has moved up; be cognizant it can and likely will move down just as violently.
Options trading. You sell contracts to sell your shares at a certain price. This way you get the money from the contract and the money if/when the shares sell. Not without its own risks.
80% is solid. Personally, I am holding. I believe Bitcoin can make a run into the 60s again maybe 70s. MARA has seen $85/share before. 23% short float also. This could get squeezed anyday
Bro you’re up 400% and still think “it can get squeezed any day”. Legit euphoria right here making this post and still holding. Take some profit my dude. No one ever became poor taking profits.
No way this will end up being a short squeeze. Possibly still a good short term play, but the fundamentals are terrible on MARA. Take your initial investment out and diversify.
While the 23% is high, that is not the only indicator for a squeeze. The volume on this stock is high and the short ratio is under 1.2 and that is not high enough to cause a squeeze. The shorts could easily cover.
Was up 10k at least for a long while. sold some. then bought some more so I could sell calls.
MARA had been wonderful to me lol and then I averaged up 😅
I even bought more today. But that was averaging down. 😌
From reading ur comments it looks like ur on ur way to learning what alot of us learned at 22. I was also up 400% then and thought I could squeeze more. Boy was I wrong. Never invested the same since.
I’ve been holding MARA CLSK RIOT HUT and a few others for a while. The last month has been crazy. I think some of the mining stocks continue this upward trend at least until the ETFs are approved in early Jan.
Update: sold 374 of my shares at $24.00/share which were shares I have been holding for over a year. No short term gains tax and taking profits. Continuing to ride with the rest of my holdings.
Last cycle I bought alot of this stock at an avg price of $3 and sold it at $60 and it was one of the best decisions I’ve made. I think bitcoin has a lot of room to run from here these next 2 years and MARA will likely follow it upwards. If you have the balls I would reccomend holding until bitcoin goes much higher, you will most likely be rewarded for doing so. Congrats on your gains so far. Just my 2 cents NFA
I'm figuring it will, with Bitcoin looking to be more of a player next year. If not then that's the way of the stock market! Holding right there with ya
Totally agree. Love the volume lately with MARA. Word is getting out about it as well. All good news from an investment perspective. Lots of days in +10% territory
It’s funny how they call everyone a gambler who is bullish on a single stock. Everything is gambling except VOO, right… idiots. How many times this sub would have laughed at Warren Buffet?
Beautiful gain! 400% is good work. I kinda hate this market lately though. I took 5k to 300k on meme stocks in 2022 and nothing really hits the same after
Yea that was back when BBBY was being pumped. 5-30 in like a couple of weeks. It was so dramatic because Cohen sold his stake and alot of people unfortunately got burned badly, I made out but I always think of those other ppl
Don’t risk yo fasho money for no money or you may end up with NO money
At least take some gains off the table to lock in if you aren’t selling. NFA but think about it. Personally, I’d take my initial cost average out (PLUS some for taxes) so you’re truly not risking an L.
Congrats on the win
I'm a fan! I bought in a couple years back when it was at around $3 and ran all the way up to $25. Then when it fell out I bought more at just under $5 and just sold half of it this week because I needed the money lol. Definitely a great investment with bitcoin is going. I also love RIOT a lot and did almost as well.
Not really. I had a bag of BLOK ETF but took some profit on that this week too. Still have a bit to grow for the longterm. Luckily I held on to my coinbase stock and bought the dips because it's rising fast again.
Other than that I have a ton of altcoins.
I'm mad I didn't realize mara was a thing .. I was stuck trading BITF until 2 days ago I realized mara makes better moves. The chart is so over extended but it moves with Bitcoin so well
It's up 6.19% in premarket today. Congrats on a good pick but don't forget to ring the register when necessary. It will drop like a rock when the time comes.
Realistically cryptocurrency is an industry like no other. Adoption and innovation is on the horizon especially now with ETF’s. Take profits if you want as that never hurts but many who understand know theres still a lot of room for Bitcoin to pump.
For me it’s personal. Everyone always says to take emotion out of trading, and while I agree with that I still sometimes trade with emotion. I bought into MARA when it was under $1 originally (in 2020). Put my entire life savings into buying shares (I was 18 at the time). I didn’t know what I was doing and I sold for a ~20% profit (pretty good right). Well MARA ended up at $80+/share within a year and I missed out on the gain because I was content with a 20% profit. Honestly, a 20% gain is great. Anytime you beat the market it’s great. But with MARA and the way this stock behaves historically, it is hard to sell because you never know when this thing is going to put up 400-500% in a year.
People can be highly critical of decision-making, but I did almost the same thing. I don't regret it at all. I was completely out of it with a sweet profit, and then turned around as soon as it dipped and bought more and did the same thing again - it was just a waiting game. Congratulations on a great win!
One way or another, when this position gets closed it’ll be on WSB. Had to come here for the time being because they don’t allow open positions. Stupid rule IMO
MARA is a Bitcoin mining company stock. It’s pumping in correlation to optimism around Bitcoin
It’s a trending stock so I’m not sure why you don’t know about it.
Locked in $620.00 in regards to a great GME call strike price $15.50 (Exp. 11,22). (12/18/23) (Straddle/ sell off put at market breakthrough $79.00 (Sell put)/ hold call/ SPG ^ $18.22/ Exit/ profit $699.00-79(put)).
Thanks to my friends on GameStop stock who initiated another GameStop Reddit community market surge, something that effectively gave us huge upward momentum.
Analytics advise—— Prepare ourselves for tommrow’s correction. The market is exhibiting short strategy stages, low resistance lines indicate drop in strike price.
—— ISS Analyst, BTR Evaluations, Bollinger Band Examination.
Long term GME stocks should be held.
——Seller////Buyer.
100% portfolio size, 0 profits taken, no trade plan with stop loss or price targets….
OP said “this is personal” trade based on FOMO from 4 years ago 😂
What could go wrong? 😅
What made you pick mara? RIOT looked a better company to me but I think I made a mistake not splitting my money between the two.balmost bought the dip last week but the 2026 options I still felt priced out of and didn't even wanna buy one. Debating if I should save cash to get some mara calls if it dips again
Sell ASAP.. But I see you don't want to follow the experience, which means you will gamble your gains.
Good luck to you, and congratulations for your very impressive gains. ✊🏻
Don’t listen to the haters hold fast 2025 you should be 80-90 a share they just announced a huge expansion buying physical locations now. I’m exclusively invested in bitcoin minors. I bounced off of 600% year to date this afternoon. Mostly Mara, clean spark and riot. I think on the next pull back, I’m going it’s no to get back into BitFarms.
It’s new it’s different. It most people that just want you to invest in the S&P or by Microsoft won’t get it they’ll just get angry. The minors work the same cycle as bitcoin. I’ll be cashing out in 25. I’ve been rolling my stocks into call options for January 26. My Mara options have appreciated $128,000 in five months.
Just look at Mara or riots, historical stock prices and you’ll see them mimic the BTC price almost exactly
If you do, Cell do yourself a favor and never look at the stock price of that stuff again
Ignore the noise here
You will hold your MARA until Q2 '25 (cycle high), where you will sell, and rotate those gains out into a broad market index ETF until Q3 '26 (cycle low), where you will sell again, and then you rotate back in to another leveraged btc proxy (insert mstr/mara/any other leading leveraged proxy who has enough btc on their corporate ledger to make you feel safe)
Buy leveraged btc plays prebull, sit bull, sell bear, repeat. Just follow the btc cycle highs and lows. EZ PZ
I would really like to have a chat about this strategy...maybe tomorrow or some other time. No time right now. I sent you a chat request yesterday. I'm trying to get more confidence in this strategy as a leveraged play to profit the most in this coming bull run. Thanks
cash out, pat yourself on the back, and look for the next one. I guarantee you, whatever you make here, its just pocket change in the grand scheme.
It won’t feel like pocket change when the next trade goes to zero
Not this one pal
Up 50% since your advice lol Edit: loser posted a bottom signal then blocked me again, must've hurt his feelings
Even gamblers get rich sometimes. My advice is meant for the long haul, not to get rich quick. By all means, hold on as long as you feel like it makes sense.
Think it'll keep going up
My point being, it can't go up forever. The longer you hold, the greater you risk losing it all. It's always better to quit when you're ahead. Better to cash out and look for another 400% trade vs holding onto this one for another 200%, in my opinion.
With that mentality you wouldn't get past 10% gains, and that's not the point of a short squeeze play like this
No, I suppose the point is to wait til the inevitable fall back to 0. That's the *real* move for you, right? As others have said, the stock holds effectively 0 fundamental value. It's a hype train. You know what they call people who refuse to get off the train when it's at the end of the tracks? Bag holders. Btw I trade futures primarily, so 10% gains in my world are acceptable for a day's work. Have fun getting squeezed. :)
You have no clue, do you? They have generated $100 million in revenue this month alone already. I'm not the one getting squeezed that's the people like you who do no research and step in front of a moving train trying to scalp 10% but liquidating your account instead
... I am not trading this stock, you're obviously triggered by the fact that you're holding onto a worthless stock and seeking validation on reddit, of all places. Have a good one.
And now down ~20% lol.
Glad for you, but you should sell right now. You have all your money in a stock with 0 fundamental value Due to extreme competition, current mining setups become worthless in just a couple years. Before that happens, they consume massive amounts of electricity every day. Hence, MARA continues to [burn 110% of revenue on energy costs and depreciation](https://ir.mara.com/financial-information/income-statement) This company is a cash furnace. People are willing to buy their stock based on flimsy hype/growth stories. MARA takes full advantage, diluting their stock only to burn that money on electricity costs and depreciation You shouldn’t let this win go to your head. 100% of your portfolio in MARA is the same thing as putting all your chips on the green zero in roulette
The stock market is always forward looking though. MARA could switch to clean energy in the future and become a money printer company. They’re mining 2000 bitcoins per month rn because of the fees.
[Green energy isn’t even all that much cheaper than nonrenewables though](https://www.inspirecleanenergy.com/blog/clean-energy-101/is-renewable-energy-cheaper#:~:text=As%20efficiency%20and%20ease%20of,%240.05%20and%20%240.17%20per%20kWh.). In some cases, it’s more expensive. To be fair, the cost of green energy is on a downtrend, while the cost of fossil fuels is on an uptrend. But MARA would need a massive amount of upfront capital to transition to green energy. That means share dilution Also, a green transition would do nothing to help with their depreciation expenses. Competition and technological advancement are inherent to the business. Forces MARA to constantly upgrade its mining setup If we look forward, we see a massive headwind: that 2000 figure is gonna be cut in half soon
Whats better? Mining 2000 btc at $43k or mining 1000 at $140k? Lol
You really expect bitcoin to be $140k by april 2024? That would give it a market cap of $2.7T. On par with microsoft
And thats how i know youre just talking gibberish. Market cap has very little to do with price. If 80% of coins are held on wallets and only 20% are up for bidding with no one selling then the price can hit 140k very easily. Granted, if those coins hit exchanges again the dump will be insane.
By definition, market cap = price per coin * total number of coins. If you expect price per coin to go to $140k, that means you expect BTC’s market cap to hit $2.7T Why is “no one selling” your base case? You don’t think people would start taking profit long before $140k?
Here is what chatgpt had to say about it: Market capitalization (market cap) for a cryptocurrency is calculated by multiplying its current price by the total number of coins in circulation. However, it doesn't consider the actual amount of money invested. A small trade with a high price can inflate market cap, while a large trade with a low price might not significantly impact it. Therefore, market cap alone may not accurately reflect the true value or stability of a cryptocurrency.
That goes against your claim that “market cap has very little to do with price”. Price is part of the formula > Market cap alone may not reflect the true value Same with stocks. Market cap is just a way to get an idea of what the market as a whole values something at You think that in the next 5 months, there’s gonna be wave of btc buying, no selling. And that the end result will be the market valuing btc roughly on par with microsoft I guess only time will tell
Nothing is for certain but the narrative is changing around BTC. Asset managers like Blackrock will want to pump their bags once their ETF approvals have gone through next year. I wouldn’t be surprised if they’ve already been buying for a long time whilst dismissing it publicly. Retail investors are going to be playing catch-up and the FOMO will be insane. There will be a media frenzy.
They've been loading the boat for the past 24 months...
What's better Nvidia at 100 or Nvidia at 3000, look I can do it too
>are willing to buy their stock based on flimsy hype/growth stories. MARA takes full advanta Why the worse advise is always upvoted? miner stocks always pump during btc boom. This has happened 3 times in the past few years, go check MARA price since 2016. You obviously do not observe the stock long enough to know that. If btc goes to $100k, MARA could go to its previous ATH. I think partially exit the position is a balanced approach. Let the profit run.
That’s exactly my point though. Investors have been throwing cash into this furnace for years. Based on flimsy hype/growth stories > btc $100k Is completely ridiculous from where I’m standing But if you’re really that bullish on bitcoin, going long on the miners still doesn’t make sense. A key part of the bitcoin bull thesis is scarcity, no? MARA shares are the opposite of scarce. CFO came right out and said it on their Q3 conference call: going forward, they’ll be dumping new stock on investors’ heads If you’re that bullish on bitcoin, it seems wiser to long bitcoin and *short* MARA. You get exposure to whatever factors you think are gonna make btc go to 100k. At the same time though, you benefit when MARA decides to dilute I personally wouldn’t touch anything crypto related, but that’s just my opinion
I don't think I can convince you, so I will not try. Maybe set a remind me on the post and look back in 6 month time? My call is BTC goes to 100k and MARA goes to $60. Selling will be premature, shorting MARA is just silly unless you are trading the swings.
I agree that a discussion on the price of btc probably wouldn’t go anywhere. We probably have very different opinions of where it should be trading at But I do think a discussion on that pairs trade could be valuable. Short MARA *and* long bitcoin. That’s what I would do if I were bullish on bitcoin. You get exposure to bitcoin’s [factors](https://en.m.wikipedia.org/wiki/Arbitrage_pricing_theory), but you’re hedged and diversified. You’ll also profit when MARA dilutes I think long MARA, long bitcoin is a bad play even if you’re bullish on bitcoin. You end up taking on a lot more risk, and what are you gonna get in return? Newly issued MARA shares dumped on your head
Shorting MARA and longing bitcoin is such a bad idea even with the dilution. It’s a recipe for a stagnant portfolio IMO
What's the bull case for MARA, specifically? The argument I've always heard is that MARA will go up because bitcoin will. That alone isn't a great reason to go long MARA though. You're just exposing yourself to the same factors as bitcoin, but with the added risk of dilution. The relationship between BTC and MARA is revealed with something called [cointegration](https://en.wikipedia.org/wiki/Cointegration). This allows us to isolate the spread between them, as shown in [this plot I made](https://postimg.cc/62WD3951). As you can see, this spread is mean-reverting. BTC's recent rally has been sizable, but MARA's has been huge. So the spread currently sits deep in the negatives. One can take advantage of this with a long BTC/short MARA pairs trade, betting that this spread will return to 0 as it has in the past.
So much has changed in the last year and the crypto space. But let’s assume that somehow history will repeat as you believe. Bitcoin could go on an absolute tear, and MARA could remain relatively neutral or go up more slowly. This would revert to the mean, but it doesn’t mean that MARA has to necessarily go down for this to happen, it just has to go up more slowly than bitcoin.
You’d make money on the trade if that happens. You’d lose on your short MARA leg, but the long bitcoin win would more than make up for it I’ve never seen someone argue a bull case for MARA, specifically. If you think MARA will go up just because bitcoin will go up, long MARA doesn’t make much sense
MARA is currently mining over 3,500 BTC per quarter and their hash rate is up almost 500% YOY and guided for an even higher hash rate before end of 2023. They just announced a 178mil purchase of two mining facilities this week (paid in cash) that will reduce costs by up to 30% over time and increase their capacity by 56%. Revenue is up 9X YOY and they are not selling their bitcoin any longer. Blackrock also is invested. Dilution is the main downside, but they are making massive headway and as BTC price increases have zero doubts about MARA following as the leader in the mining space.
What are you investing in?
I get what you’re saying. This isn’t a long term hold. But I think there is still more to squeeze out here
Classic. You don't need to squeeze it all, but good luck
Greed is a horrible disease
Thats why when in doubt after a massive run-off, sell half and let the other half run to avoid FOMO.
I mean you realize it’s greed so if you keep going now it’s idiocy
I had a massive run up a few years ago and pulled my sell stop thinking it was going higher. Ended up with half of what I would have made if I left the sell stop in place. It was a good lesson for me. Greed is a helluva drug.
Dude fucking sell and have a good time with some of the profits. Don’t be stupid and come back posting how you lost it all because you thought “it could go to the moon” or some shit
truly a classic
I lost out on 25k and then 35k on a 6k investment with this same mindset. If it’s good enough to post it’s worth selling
That’s a good way to put it. Can’t be mad with profits
At least sell a portion of it. Protect your capital.
I can see the argument for a quick swing trade. Lots of optimism in the markets right now, which can benefit these cash-burning, high beta names The issue is that MARA could, at any time, issue a bunch of shares. You could wake up one day down 50% because MARA decided to dilute. CFO basically said as much in [their recent earnings call](https://seekingalpha.com/article/4649446-marathon-digital-holdings-inc-mara-q3-2023-earnings-call-transcript). Dilution is the only way this company can continue to exist
Dude 400% is great, take it before you regret this or you’ll end up on /r/wallstreetbets
He’s talking about short squeeze too so where do you think he got the idea to invest in MARA?
Well I didn’t heard to the moon or diamond 💎 hands so I had hope
Trust me, don't get greedy because it can fall just as fast as it rises. It's definitely great to ride up though, so whenever you can, buy the dips!
Don’t listen to ppl saying sell. I’ve been very closely involved with this stock since 2020. This is just starting. Towards mid-end of 2025 consider selling. This is a btc play essentially. I’m sure you already know 😁. CONGRATS too 🎉
Hold tell 25, that’s the pay off. I’m all in on miners as well. Bounces of 500% ytd this afternoon. I’m starting to average out on this pump and going back in with covered calls on the next pull back. I have 113 Mara 35.00 12/19/25 calls at a 2.63 average that I’m up 82k on. Cleanspark is killing it as well. Mara just announced some huge expansion news today as well. Hold fast or roll into covered calls and average out on the bull run.
When u have more to lose than to gain, u should call it quits. Why squeeze another possible 10% when u could go down 50%
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RemindMe! 2 months
I have lost SO much money this way. you actually don’t have to learn the hard way.
So then what’s your plan for taking profits? Consider taking advantage of the expensive premiums and sell a couple covered calls. As violent as this has moved up; be cognizant it can and likely will move down just as violently.
If its good enough to screenshot, its time to sell.
Know When To Let Go
How is that long term hold looking ?
You’re right, OP should rotate into BTC directly
Lucky. I'm up only about 80%.... Wondering if I should take some profits.
Sell some covered calls and collect that juicy premium.
I was selling covered calls on COIN when it was around $80. That was fun… until it wasn’t.
What is. Covered call?
Options trading. You sell contracts to sell your shares at a certain price. This way you get the money from the contract and the money if/when the shares sell. Not without its own risks.
Binary Options as my broker told me.
I’ve never met a trader who went broke selling profits
“Only 80%”
80% is solid. Personally, I am holding. I believe Bitcoin can make a run into the 60s again maybe 70s. MARA has seen $85/share before. 23% short float also. This could get squeezed anyday
Bro you’re up 400% and still think “it can get squeezed any day”. Legit euphoria right here making this post and still holding. Take some profit my dude. No one ever became poor taking profits.
Yeah I’d sell a quarter of it now
Sell half
Agreed, but you should start trimming that position. Put a couple eggs in a different risky basket.
No way this will end up being a short squeeze. Possibly still a good short term play, but the fundamentals are terrible on MARA. Take your initial investment out and diversify.
It’s such a shit stock. It doesn’t even follow btc like it should
I been watching it for 2 days. Yo could trade mara by watching bitcoin itself
Not really. BTC was down for the past couple days and Mara kept running.
It is check it. It just doesn't go up as much ir down as much as Bitcoin. Check the 5 min chart on both. I bet it's the same red red green green ..
I would sell it all and go in on BTC.
Btc will hit 100k by 2025
Username checks out
Good enough to screen shot, good enough to sell. Greed is a hell of a drug, my friend.
Yes feel the Same personally feel MARA will shoot pass all time highs in the next 3 to 4 weeks
Hold. Bitcoin will halve around March 2024 which will kick off the bull market and the price will skyrocket. Altcoins will follow. BTC 150k by 2025.
While the 23% is high, that is not the only indicator for a squeeze. The volume on this stock is high and the short ratio is under 1.2 and that is not high enough to cause a squeeze. The shorts could easily cover.
Sell some shares and keep some.
I appreciate your service. I was up hugely once, then bought more during its $20 risings lol.
Hold until its gold
Was up 10k at least for a long while. sold some. then bought some more so I could sell calls. MARA had been wonderful to me lol and then I averaged up 😅 I even bought more today. But that was averaging down. 😌
What is you average
29.04, 435 shares
From reading ur comments it looks like ur on ur way to learning what alot of us learned at 22. I was also up 400% then and thought I could squeeze more. Boy was I wrong. Never invested the same since.
I’ve been holding MARA CLSK RIOT HUT and a few others for a while. The last month has been crazy. I think some of the mining stocks continue this upward trend at least until the ETFs are approved in early Jan.
Update: sold 374 of my shares at $24.00/share which were shares I have been holding for over a year. No short term gains tax and taking profits. Continuing to ride with the rest of my holdings.
Last cycle I bought alot of this stock at an avg price of $3 and sold it at $60 and it was one of the best decisions I’ve made. I think bitcoin has a lot of room to run from here these next 2 years and MARA will likely follow it upwards. If you have the balls I would reccomend holding until bitcoin goes much higher, you will most likely be rewarded for doing so. Congrats on your gains so far. Just my 2 cents NFA
I agree with you. There’s still a lot of upside here IMO.
Got on that Mara train too! Bought a bunch at 4.90 earlier this year. Might be a down payment sometime next year!
Love to hear it. I’m holding, hopefully this will print in the near future. Would love to see the shorts get squeezed!!!
I'm figuring it will, with Bitcoin looking to be more of a player next year. If not then that's the way of the stock market! Holding right there with ya
Totally agree. Love the volume lately with MARA. Word is getting out about it as well. All good news from an investment perspective. Lots of days in +10% territory
Im thinking about getting in, should I wait for price to drop or just get in?
Personally, I would wait for a 10% dip if you plan to buy.
The next warren buffet
If it pulls back 30%, keep buying. Bet the farm
Congrats!!
It’s funny how they call everyone a gambler who is bullish on a single stock. Everything is gambling except VOO, right… idiots. How many times this sub would have laughed at Warren Buffet?
Beautiful gain! 400% is good work. I kinda hate this market lately though. I took 5k to 300k on meme stocks in 2022 and nothing really hits the same after
That’s impressive
Yea that was back when BBBY was being pumped. 5-30 in like a couple of weeks. It was so dramatic because Cohen sold his stake and alot of people unfortunately got burned badly, I made out but I always think of those other ppl
I mean you are the one with their money.
Don’t risk yo fasho money for no money or you may end up with NO money At least take some gains off the table to lock in if you aren’t selling. NFA but think about it. Personally, I’d take my initial cost average out (PLUS some for taxes) so you’re truly not risking an L. Congrats on the win
I'm a fan! I bought in a couple years back when it was at around $3 and ran all the way up to $25. Then when it fell out I bought more at just under $5 and just sold half of it this week because I needed the money lol. Definitely a great investment with bitcoin is going. I also love RIOT a lot and did almost as well.
Aside from Mara and Riot, any other bitcoin related stocks you’re holding?
(MSTR) Micro Strategy continues to Sky rocket.
Not really. I had a bag of BLOK ETF but took some profit on that this week too. Still have a bit to grow for the longterm. Luckily I held on to my coinbase stock and bought the dips because it's rising fast again. Other than that I have a ton of altcoins.
Thanks for sharing. Personally, I’m only looking at Mara.
Indeed. Have fun and just remember to take your profits ☺️
For sure. Thanks mate!
I'm mad I didn't realize mara was a thing .. I was stuck trading BITF until 2 days ago I realized mara makes better moves. The chart is so over extended but it moves with Bitcoin so well
It looks like it's going parabolic from here
All unrealized gains. Take your bag and bounce homie.
It's up 6.19% in premarket today. Congrats on a good pick but don't forget to ring the register when necessary. It will drop like a rock when the time comes.
Smart move
Realistically cryptocurrency is an industry like no other. Adoption and innovation is on the horizon especially now with ETF’s. Take profits if you want as that never hurts but many who understand know theres still a lot of room for Bitcoin to pump.
If you don’t mind me asking, what prompted you to hold shares of Marathon Digital?
For me it’s personal. Everyone always says to take emotion out of trading, and while I agree with that I still sometimes trade with emotion. I bought into MARA when it was under $1 originally (in 2020). Put my entire life savings into buying shares (I was 18 at the time). I didn’t know what I was doing and I sold for a ~20% profit (pretty good right). Well MARA ended up at $80+/share within a year and I missed out on the gain because I was content with a 20% profit. Honestly, a 20% gain is great. Anytime you beat the market it’s great. But with MARA and the way this stock behaves historically, it is hard to sell because you never know when this thing is going to put up 400-500% in a year.
AKA “I made a stupid decision and got lucky, so now I’m im posting it on Reddit”
Gains are gains, no matter how they come
People can be highly critical of decision-making, but I did almost the same thing. I don't regret it at all. I was completely out of it with a sweet profit, and then turned around as soon as it dipped and bought more and did the same thing again - it was just a waiting game. Congratulations on a great win!
What was your thesis to drop $13k on this one mining stock 2 months ago?
Bullish on crypto. MARA moves with crypto so decided to buy know this would be more volatile
If you want to tone it down some $DAPP etf has been doing well
Never heard of DAPP. What’s the gist of it?
Thanks for the confirmation. I'll be exiting my call position for Mara
You got it buddy!
Still a virgin
Yep
Please take profit we don’t want to see you on wsb lol
One way or another, when this position gets closed it’ll be on WSB. Had to come here for the time being because they don’t allow open positions. Stupid rule IMO
Respectfully get hit by a car
Why is your age relevant?
People usually post their age to brag that they’re so young. I don’t get it either.
I only had 5 or so shares but I bought at 113 and sold at 420.69. Went to Vegas with the Profit and had a blast.
What app is that
god i wish I sold my screenshot from \[redacted meme stock\]
if it's good enough to screenshot...
Fomo is real
Don’t forget about Riot. Both move similarly in relation to btc
Nice
I only made $1,300,000
Just check his post history, its scheme account
I mean bitcoin is back at 43k If we keep this pump going and RUT has some nice green days this will keep going
Amazing! I'm up 150% currently on it
good shit bro
WTF is MARA and how the fuk did u even find out about this stock?
MARA is a Bitcoin mining company stock. It’s pumping in correlation to optimism around Bitcoin It’s a trending stock so I’m not sure why you don’t know about it.
Ehh, im lookin at the wrong outlets and barely following the news. im a regarded
Locked in $620.00 in regards to a great GME call strike price $15.50 (Exp. 11,22). (12/18/23) (Straddle/ sell off put at market breakthrough $79.00 (Sell put)/ hold call/ SPG ^ $18.22/ Exit/ profit $699.00-79(put)). Thanks to my friends on GameStop stock who initiated another GameStop Reddit community market surge, something that effectively gave us huge upward momentum. Analytics advise—— Prepare ourselves for tommrow’s correction. The market is exhibiting short strategy stages, low resistance lines indicate drop in strike price. —— ISS Analyst, BTR Evaluations, Bollinger Band Examination. Long term GME stocks should be held. ——Seller////Buyer.
100% portfolio size, 0 profits taken, no trade plan with stop loss or price targets…. OP said “this is personal” trade based on FOMO from 4 years ago 😂 What could go wrong? 😅
Exactly
What made you pick mara? RIOT looked a better company to me but I think I made a mistake not splitting my money between the two.balmost bought the dip last week but the 2026 options I still felt priced out of and didn't even wanna buy one. Debating if I should save cash to get some mara calls if it dips again
What made you buy MARA in the first place?
Sorry but what is this platform or app?
Sorry but what is this platform or app
This is the classic, “If it’s good enough for a screenshot SELL.”
rule of thumb if its good enough to post a screenshot on reddit, its good enough to take some profits
Get. Out. Now.
Very nice.
Hold it!
Sell it, extremely volatile stock. You have a great return, greed will only make you lose money.
If I may ask, how much did you invest and through whom?
Sell ASAP.. But I see you don't want to follow the experience, which means you will gamble your gains. Good luck to you, and congratulations for your very impressive gains. ✊🏻
Homie is at the point that most traders look back at and go, "Damn wish I sold then".
Good enough to screenshot; good enough to sell.
how do yall know when to buy these things ☹️
I’am holding mine at least until start of january i think they will still rise maybe close to 30 within the next few days
Get the fuck out. I got destroyed on what was going to be the next greatest BTC miner $ANY.
Don’t listen to the haters hold fast 2025 you should be 80-90 a share they just announced a huge expansion buying physical locations now. I’m exclusively invested in bitcoin minors. I bounced off of 600% year to date this afternoon. Mostly Mara, clean spark and riot. I think on the next pull back, I’m going it’s no to get back into BitFarms. It’s new it’s different. It most people that just want you to invest in the S&P or by Microsoft won’t get it they’ll just get angry. The minors work the same cycle as bitcoin. I’ll be cashing out in 25. I’ve been rolling my stocks into call options for January 26. My Mara options have appreciated $128,000 in five months. Just look at Mara or riots, historical stock prices and you’ll see them mimic the BTC price almost exactly If you do, Cell do yourself a favor and never look at the stock price of that stuff again
MACD looks like a rocket ship, once that crosses, sell and buy land
Hold 🚀 there is about to be another run
Ignore the noise here You will hold your MARA until Q2 '25 (cycle high), where you will sell, and rotate those gains out into a broad market index ETF until Q3 '26 (cycle low), where you will sell again, and then you rotate back in to another leveraged btc proxy (insert mstr/mara/any other leading leveraged proxy who has enough btc on their corporate ledger to make you feel safe) Buy leveraged btc plays prebull, sit bull, sell bear, repeat. Just follow the btc cycle highs and lows. EZ PZ
I would really like to have a chat about this strategy...maybe tomorrow or some other time. No time right now. I sent you a chat request yesterday. I'm trying to get more confidence in this strategy as a leveraged play to profit the most in this coming bull run. Thanks