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ROBINHOOD MARKETS

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IREN Here's a public service announcement for everyone who complains every time BTCUSD and IREN (or any other miner) don't move in lockstep: STOP FANTASIZING AND GIVE IT UP.

Stop expecting IREN to do what it simply doesn't do. The correlation coefficient between IREN and BTCUSD is only around 0.4 to 0.5 depending on the timeframe analyzed. The other miners have even lower correlations with BTCUSD, so they aren't gonna listen to you complain either.

For the noobs, a 1.0 correlation means the two always move in identical percentages and direction over the timeframe analyzed. IREN has greater correlation with HOOD (a telling statistic on its own) than it does BTCUSD. At best, the miners have moderate correlation with BTCUSD.

If you want something that moves more hand in hand with Bitcoin, buy a Bitcoin ETF (they don't even have perfect correlation - but they are as close as you're gonna get). Miners are not your trading vehicle if you want high Bitcoin correlation, though.

Side note - can we all PLEASE stop whining about a lack of correlation ONLY when IREN or some other miner goes down or not up as much as bitcoin? I have literally never seen someone complain when IREN or some other miner is up 5 or 10% when BTC is only up 1% (and that happens a lot). You just look like a crybaby (and an amateur) when you only decry lack of correlation only on days when IREN or another miner is down more than BTC or up less than BTC. That goes for you too, WULF, RIOT, MARA, CLSK, CIFR, HIVE, and even MSTR traders.

You need to be realists if you're gonna make any money trading over the long haul. ESPECIALLY with miners. You're welcome.

MARA Volatile markets call for selling the strong and buying the weak (under specific favorable setups). MARA RIOT HUT HOOD COIN has met our criteria, and we predict the entire sector is gearing up for a major breakout in the next few days
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HOOD All those Gamestop kids now wish they bought Robinhood instead lol 😆

HOOD see you at $60
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HOOD
🔥 LucanInvestor's Strategy:
🩸 Short: Below $40.70 for $38 and $36.
🩸 Long: Above $43.17 for $45 and $50.

🔥 LucanInvestor's Commands:
🩸 Resistance: $43.17
🩸 Support: $40.70

👑 "Strength in numbers fuels the climb." — LucanInvestor
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COIN Getting ready for liftoff 🚀 we’re quietly waiting at $360

ROKU HOOD SQ SHOP
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MSTR COIN HOOD BTCUSD BTCUSDT nom nom nom. thank you beras 👌🏼🚀

QBTS RGTI QMCO HOOD I can not wait for this coming week!!! I am looking at all the different ways to leverage the phuck out of these stocks. Any ideas for a old dog trying to learn new tricks? Thank you so much and may this year be the one that we all profit from!!!

HOOD How volatile is this stock? Seems pretty good to trade. It looks like the stock for me.

HOOD buy my friends
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