Argo Blockchain Share Discussion Threads

[brasso3] 10/12/2020 20:47

Another decent buy went through today which explains the strength.

285,323 at 10.8p (£31k)

[noirua] 10/12/2020 19:23

CleanSpark to acquire Bitcoin mining company ATL Data Centers to generate lower energy costs
10 December 2020

[brasso3] 10/12/2020 19:03

BTC respecting the uptrend from $11k.

[brasso3] 10/12/2020 18:58

KC! Angry now!

[sideshowbull] 10/12/2020 18:57

Well said AIM is shocking maybe it is PTSD, but the only AIM one I hold is BIRD.

Brass - remember KC he was a lovely chap. Those Argos also need a good kicking.


BWTFDIK

[king suarez] 10/12/2020 18:47

The old Martingale system, eh?

[hootza616] 10/12/2020 18:37

Keep doubling up on Red/Black playing roulette and eventually you will win your first stake. Just have to make sure you have enough money to stay in the game.

[brasso3] 10/12/2020 17:59

Argo
@ArgoBlockchain
·
1h
A trend that in 2021 is only going to accelerate: large institutions accepting cryptocurrencies for what they are - the future of money.

‘There’s a whole new world opening up to us’
-
@StanChart
CEO

#BTC
#ARB

[sideshowbull] 10/12/2020 17:52

Guys and girls, have a look at this project. Home grown well if you live in UK.


Disclaimer! I received a few for free.

So keep that in mind.


I know the guys behind project and really trustworthy IMO.

Only bringing attention to it as something to investigate.




IMO

BWTFDIK

[brasso3] 10/12/2020 17:24

SSB

Someone posting on here that its a change to the UK rules and regs.

[sideshowbull] 10/12/2020 16:44

Got a flash that IG won't be allowing crypto trading after 6 Jan, you gamblers are obviously skinning them. Lol


I just buy and hold.


BWTFDIK

[yump] 10/12/2020 16:02

Re: pound cost averaging. I ran some figures through a spreadsheet a few years ago, to see what would happen if you not only did pound cost averaging, but introduced some other rules, such as only buying when a stock had fallen x% and then for every multiple of x%, buying that multiple more of shares. eg. 10% drop buy 1000 shares. Another 10% drop buy 2000 shares. etc. Never buying on any rises.

Lost it on my old PC which frazzled itself, but the difference was staggering. Mind you it takes a lot of nerve to increase purchases after falls and it needs a long term (5-10 years) view. I also cheated by having some different rules if a world-shattering event happened.

[suffersnofools] 10/12/2020 15:37

I don't hold any stocks now apart from ARB and my silver miners. I wanted to beat the sellers stampede and put my money in the calm waters of Crypto :)

[brasso3] 10/12/2020 15:34

The correlation between gold and the USD has been strange over the last year. There is definitely a crash coming but timing is not so clear. I will be scaling out of several stocks towards Easter.

[suffersnofools] 10/12/2020 15:21

It just needs to decouple from equities. I'm sure it will, but when is the question.

[suffersnofools] 10/12/2020 15:20

I'm watching the blue dashed line. A close below (17700ish) and could head lower quickly.

[brasso3] 10/12/2020 15:15

$ cost average is always the best approach.

Split your funds into 20% allocations at $500 levels from $18k. I will be buying when it breaches $20k.

[mnomis] 10/12/2020 15:12

Am still waiting to buy my first BTC ... but happy to see ARB higher. Not sure what a good entry is for BTC, but guess if going to $100k like so many expect, a few $k difference on entry won't make too much difference as not using leverage, so can happily hold.

[brasso3] 10/12/2020 15:04

I think BTC will drop with the markets but will recover a lot faster.

[hootza616] 10/12/2020 14:58

Time will tell.I bet BTC will hold when the big reckoning comes for stocks in Q1

[suffersnofools] 10/12/2020 14:40

I don't agree Hootza - the data is compelling. When stocks tank - so does BTC

[brasso3] 10/12/2020 14:36

As ARB gets closer to bring new mining capacity online it makes sense that it will start to outperform BTC.