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Disclaimer: The information provided in this trade alert is for educational and entertainment purposes only and should not be considered as financial advice. The author is not a financial advisor and is only sharing their personal trading activities in full transparency. The opinions expressed in this alert are the author's own and do not reflect the views of any other individual or organization. Investing in cryptocurrencies and other financial instruments involves a high degree of risk, and you should not invest money that you cannot afford to lose. Always do your own research and consult with a licensed financial advisor before making any investment decisions. The author is not responsible for any losses or damages resulting from the use of the information provided in this alert.

Hey Team - my goals are not your goals

I got back into a little CIFR mining. 

The fundamentals are still good and it is a machine from production / hash as well as future hash growth.  Also the chart has not run near as much as CLSK etc. 

Strong Fundamentals and Valuation: CIFR is recognized for having the second-best fundamentals and valuation among its peers, making it an attractive investment choice for those looking for solid financial metrics in the mining sector.

Market Resilience: CIFR has shown resilience in market performance, notably holding a higher low intraday when Bitcoin itself made a lower low. This indicates a relative strength in CIFR's market position and investor confidence.

I will not let the potential overhang of sellers bother me. 

I bought back in at $3.80 to balance out my BITF CLSK and RIOT.  It was high as 4.06 today. 


Comments

Anonymous

Your twitter post doesn’t match up