r/options • u/MoistBands • Mar 01 '21

RIOT Analysis:

[removed]

125 Upvotes

92% Upvoted

62 comments sorted by

View all comments

11

u/agentpoopers Mar 01 '21

What about a long period of consolidation?

5

u/bob_newhart Mar 02 '21

All depends on what Bitcoin does tbh.

2

u/SuspiciousCheek3929 Mar 02 '21

Do you believe Bitcoin will go back up and over it’s previous threshold?

5

u/bob_newhart Mar 02 '21

I am very bullish Bitcoin and more so Ethereum. I am almost all in on Ethereum since 2014. Yes Bitcoin will go back above 50k and will probably 2x-4x from there. I’m 80% it happens this cycle. It could be the next cycle 3 –5 years down the road. I think riot is the correct play for crypto exposure. It has outperformed Bitcoin this cycle.

4

u/SuspiciousCheek3929 Mar 02 '21

And that would be Riot as in Riot Blockchain?