Good work calling those funds. I’ve been invested in actively managed funds for years now. My faith is in the fund manager who consistently plays the market well. I just direct the investments towards asset classes that feel right and are consistent with my risk profile. But after a recent transition to a less adventurous portfolio (safer de-risked plays) I couldn’t resist the frisson of a dabble in crypto on the wild side!
If you like a bit of excitement I have another play you might want to look at. It’s high risk but mitigate that with a smaller punt you’re prepared to never see again and wait for a short term non-trivial potential upside.
I won’t try to set out my rationale in detail for it but I have invested a modest, non-trivial sum.
It’s Oklo, Sam Altman’s SMR tech company. It’s private so (for us normal folks) no investment pathway yet. It is (hopefully) going public before July 12 and there’s an intriguing way to invest.
Altman is also CEO of AltC Acquisition Corp, a Special Purpose Acquisition Company (a “blank check” company that is listed, raises cash and seeks a merger with a private company). The two companies have entered into a legally binding agreement to merge on or before July 12, so taking Oklo public. Altman is something of a Silicon Valley poster boy these days after OpenAI presented ChatGPT to the world. And the fundamentals are right for SMRs today.
Definitely a DYOR proposition. ¡Cruzados los dedos!
For those who don’t have an appetite for direct investment in cryptocurrency there’s a more comfortable alternative route. This isn’t financial advice either, free advice is generally worth what you paid for it in any case.
I just bought (before the halvening) stock in three block mining companies with strong fundamentals. The relevant ones being financial resilience to continue operating and investing in data processing performance after the revenue cut and strong computational infrastructure (current and in the pipeline).
Miners are rewarded in BTC so you’re exposed to the same risk and volatility as a direct investor in crypto but you’re not messing with digital wallets and dodgy traders. NASDAQ is a far more regulated place for the more risk averse.
Wow! You’re good, you’re 66% correct. CleanSpark and Bitfarms yes. But my third pick, on paper arguably the strongest, was Cipher Mining. It is seriously underperforming compared to the first two but I’m not reading too much into near term movements. These are not plays for the feint of heart.
CLSK is up 12.65% on a week ago. BITF is on 3% & CIFR is down 4.44%. I’m not reading anything significant into these, block mining company value is a lagging indicator.
Agree 100%. This stack highlighted crypto miner etfs BLOK and DAPP in Jan 2023 over 15 month back! Each is packed with the best mining stocks and supervised by decent fund mgnt teams. Both were triples last I checked 😀
While I love Solana, Don't ignore ETHEREUM as etfs may soon be coming to market producing a new firehouse of retail demand. The deadline for Van Eck and others to hear back from the SEC is May 23rd, and don't forget that the new Hing Kong based Ethereum and bitcoin etfs go live in the next two weeks (already approved there and 1.5 billion Chinese will have access after 4 years of being officially blocked)
Here's another useful watch/pick list for higher octane ideas. Do your own updated due dilligence. Many are available on your free Coinbase account which now includes and updated Coinbase Wallet for non CB sponsored alt coins so you can do more in one place.
Good work calling those funds. I’ve been invested in actively managed funds for years now. My faith is in the fund manager who consistently plays the market well. I just direct the investments towards asset classes that feel right and are consistent with my risk profile. But after a recent transition to a less adventurous portfolio (safer de-risked plays) I couldn’t resist the frisson of a dabble in crypto on the wild side!
I'm not one to miss a good frisson !
If you like a bit of excitement I have another play you might want to look at. It’s high risk but mitigate that with a smaller punt you’re prepared to never see again and wait for a short term non-trivial potential upside.
I won’t try to set out my rationale in detail for it but I have invested a modest, non-trivial sum.
It’s Oklo, Sam Altman’s SMR tech company. It’s private so (for us normal folks) no investment pathway yet. It is (hopefully) going public before July 12 and there’s an intriguing way to invest.
Altman is also CEO of AltC Acquisition Corp, a Special Purpose Acquisition Company (a “blank check” company that is listed, raises cash and seeks a merger with a private company). The two companies have entered into a legally binding agreement to merge on or before July 12, so taking Oklo public. Altman is something of a Silicon Valley poster boy these days after OpenAI presented ChatGPT to the world. And the fundamentals are right for SMRs today.
Definitely a DYOR proposition. ¡Cruzados los dedos!
I'll check it out!. ALCC
Tx
For those who don’t have an appetite for direct investment in cryptocurrency there’s a more comfortable alternative route. This isn’t financial advice either, free advice is generally worth what you paid for it in any case.
I just bought (before the halvening) stock in three block mining companies with strong fundamentals. The relevant ones being financial resilience to continue operating and investing in data processing performance after the revenue cut and strong computational infrastructure (current and in the pipeline).
Miners are rewarded in BTC so you’re exposed to the same risk and volatility as a direct investor in crypto but you’re not messing with digital wallets and dodgy traders. NASDAQ is a far more regulated place for the more risk averse.
Btw, I'm guessing Cleanspark, RIOT, Mara, and/or BiTF? Am I close?
Wow! You’re good, you’re 66% correct. CleanSpark and Bitfarms yes. But my third pick, on paper arguably the strongest, was Cipher Mining. It is seriously underperforming compared to the first two but I’m not reading too much into near term movements. These are not plays for the feint of heart.
I’ll have a look at RIOT & Mara.
Cleanspark is my top mining pick. I recently added to BITF and WULF as longer shots.
CLSK is up 12.65% on a week ago. BITF is on 3% & CIFR is down 4.44%. I’m not reading anything significant into these, block mining company value is a lagging indicator.
Riot, bitdeer and Cypher highlighted as lowest cost bitcoin miners that could do well post halvening
https://www.cnbc.com/2024/04/21/bitcoin-miners-get-into-ai-to-survive-halving.html
Interesting note about vertical integration with power generation companies.
Agree 100%. This stack highlighted crypto miner etfs BLOK and DAPP in Jan 2023 over 15 month back! Each is packed with the best mining stocks and supervised by decent fund mgnt teams. Both were triples last I checked 😀
This is a great ROUNDTABLE from today!
The miners are doing much better than rumored. These misperceptions spell O P P O R T U N I T Y
Mining the Future: A Bitcoin Halving Roundtable with Public Mining Company Titans
https://youtu.be/AA5FdM4WGKQ?si=DygGJsQFZ7eOO1Kb
TSLA reaches Changa's accumulation zone!
Always looking to skate to where the puck is GOING to be... I bet you have no idea how superior and moat like Tesla is. 😤
Listen, and consider starting to accumulate with Changa.
This guy says it better than I can..
https://www.youtube.com/live/iobCrLwL-8g?si=54ZjQIUzp06K9A-p
Riot, bitdeer and Cypher highlighted as lowest cost bitcoin miners that could do well post halvening
https://www.cnbc.com/2024/04/21/bitcoin-miners-get-into-ai-to-survive-halving.html
Solana (SOL) (The ethereum killer?)
Best explanation for including it in your top 3 holdings I've seen (10 mins)
Watch!! https://youtu.be/SH4IiEPsp54?si=oUzPfhCtL8-xM9NI
New Music highlights short term investors who miss big moves due to impatience and poor process.
Enjoy
https://youtu.be/prmmCg5bKxA?si=dqeNQY5n_P6GdYeX
Top Mathematician: WHY THE RAINBOW CHART MASSIVELY UNDERESTIMATES BITCOINS POTENTIAL TARGET, AND WHY WE HAVE A YUGE 12 TO 18 MONTHS AHEAD RIGHT NOW.
You're going to want to see this
https://youtu.be/79hMaDuK5E8?si=7NrmuYgHvsdZaAC5
While I love Solana, Don't ignore ETHEREUM as etfs may soon be coming to market producing a new firehouse of retail demand. The deadline for Van Eck and others to hear back from the SEC is May 23rd, and don't forget that the new Hing Kong based Ethereum and bitcoin etfs go live in the next two weeks (already approved there and 1.5 billion Chinese will have access after 4 years of being officially blocked)
Those with experience should definitely consider exploring some of Changas recent high conviction specs with 10x or more potential including
NEAR, AERO, DEGEN, PRO, RENDER,, OXN onyxcoin, SUI,
all avail now on CB Wallet.
(*not advice. DYOR)
Here's another useful watch/pick list for higher octane ideas. Do your own updated due dilligence. Many are available on your free Coinbase account which now includes and updated Coinbase Wallet for non CB sponsored alt coins so you can do more in one place.
https://youtu.be/dlVwb2UHw_k?si=S5jowujG_PnsV6uu
YES. Those are THOUSANDS OF PERCENT. Changa's been trying to pound the table for months.
Perhaps I failed you.
Good news is that It's still early days.
Have you at least opened your free Alto Crypto IRA?