what do you think of $IREN i already make 16% profit is it correct to hold it more or this is the correct time to exit
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@anas_232 😅 hold it!
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@anas_232 I am not looking for short-term profits here, but would like to hold for the long term. Apart from taking profits or reducing the position, I won't be making any changes to the position any time soon. However, I believe that we will be higher at the end of the year than we are now. We have very strong momentum and, as we saw yesterday, $IREN is also running against a red market. I believe that in the short term (3-6 months) there may continue to be a strong exaggeration, possibly with setbacks, which can be bought. In the long term, you will then grow into the valuation by playing out your positioning and capacities and there will be a limited supply with continued strong demand and here you have the best margins, as you own land, infrastructure, real estate, energy/electricity contracts yourself or already have them in your pocket and hardly any debt. in the short term 🔮I would therefore rather do DCA and buy in several tranches.
Yes, RSI and other parameters are almost at the limit, but never underestimate momentum and hype.
Unfortunately, I can't make this decision for you, you have to decide for yourself. I try to find such companies before the market finds them or before the market sees what I see. ✌️
Yes, RSI and other parameters are almost at the limit, but never underestimate momentum and hype.
Unfortunately, I can't make this decision for you, you have to decide for yourself. I try to find such companies before the market finds them or before the market sees what I see. ✌️
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@BamBamInvest got in at €50 a few days ago
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•@Therapeut I can already see the FOMO slowly beginning 😂👍
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•@BamBamInvest in any case, look here every day at securities that rattle up 10% a day or more😂 how can you not get greedy?
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•@Therapeut Absolutely right, you just have to have a strategy 🤣
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@Therapeut I feel the same way. But I'm still trying to hold out.
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@BamBamInvest Of course, my fingers are tingling to realize the "book profits"... As I'm more of a boring buy & hold investor, I'll probably soon no longer be able to resist the tingling :-D It's certainly also a mental thing to know that you never sell at the high. (I'm currently up 400% = €12,500) But I might also keep €1,000 in my portfolio as a souvenir and always have a reason to be happy or annoyed...
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•@Horstiiii If you are the buy & hold investor, I would definitely keep a part. But of course I also understand if you realize. It might be a bit more rumbling on the stock market, but I think keeping 1/3 could be fun in the long run and then you will have gained more than you lost, no matter what happens to the remaining position.
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•@BamBamInvest Yes, you're right.... Have a few beers later and turn on the glass balls ;-)
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