IREN Ltd (Derivatives) (IREN)

Just waiting for $IREN to play out.

Tik tok…

You gotta love this ride.

-BP

Not financial advice. https://t.co/lPdWhFmbHU

$IREN
The fact that the founders would consider leaving at all is all you need to know!

$NBIS wins my portfolio hands down.

Dear fellow $IREN investors.

I’m probably gonna get a lot of hate for this.

But again, I’m not here to be ‘liked.’ I’m here as a neutral investor - not being emotional involved.

As of lately $IREN investors is destroying their own position bit by bit with FUD, while the $NBIS community have backed down and is now sitting on the sideline their popcorns.

It’s becoming stupid by now. It’s like seeing a rebellion teenagers being disappointed over the decision mom and dad made. Or even worse, testing mom and dad.

In terms of $IREN investors have 3 choices as I see it:

1. Shit the fk up and be patient.
2. Size down and de-risk.
3. Sell and shut the fk up. Move on.

This is CLASSICAL impatient playing out.

Business takes time and have a risk.

That’s the game for ALL business.

Personally, I’m OK with drawdowns, the risk - I ANALYZED the risk, said YES to the risk BEFORE I entered and DETACHED myself emotionally from the money invested.

I still believe the the thesis and upside of 5GW portfolio is bigger than the risk.

-BP

Not financial advice.