Argo Blockchain Share Discussion Threads

[gspanner] 16/12/2020 20:24

SNF - when/what level do you think the Dow will peak... Looking pretty toppy, thinking 24 hrs after stimulus?

Strategy here surely taking out your stake maybe late Dec and buying a good quality silver/gold miner. Priced in dollars to mitigate Brexit risk and risk of TPTB banning crypto (I assume Miners would spike massively if they did try to ban...)

[suffersnofools] 16/12/2020 19:50

gspanner - well your strategy is working - nice work!

[gspanner] 16/12/2020 19:39

SNF, Brasso - been quite a year. I nose about for the unloved and most importantly undervalued shares about to reach their potential... And then go for it! (EQT the real winner this year)

Usually 6 months too early so plenty of anxiety as the story plays out.

[brasso3] 16/12/2020 19:25

Colin

Look to exit when the month RSI hits 95 is as good as any strategy.

Can we assume historical cycles will apply here with large institutions entering the fray...

[c0lin1] 16/12/2020 19:22

This will be nice. Don't know what the Beam indicator is but apparently it has predicted the last major tops in BTC. Sell when it hits the red line.Looks like the next top going to be near $100khttps://www.tradingview.com/chart/AE05gclm/

[topazfrenzy] 16/12/2020 19:14

It's only a matter of time before ARB hits £1

[brasso3] 16/12/2020 19:01

ARB performed better than HUT8 and RIOT today. Why do posters only mention it when ARB under performs the stocks over the water?

[brasso3] 16/12/2020 18:49

Another late buy after the bell.

546,534 at 12.55p (68k GBP).

[suffersnofools] 16/12/2020 18:00

Buy at the 20ema, sell at the Daily trendline. Easy Peasy!

[brasso3] 16/12/2020 17:59

gspanner

Very envious of your position.

I would argue that ARB at 12p with BTC at $20k - $21k is a less risky buy than when ARB was 4p with BTC at $6k - $8k.

[hootza616] 16/12/2020 17:58

Never mind Bitcoin Millionaires, there's a few potential ARB millionaires here!

[brasso3] 16/12/2020 17:55

2m trade at 11.8p worth 236k GBP.

[suffersnofools] 16/12/2020 17:53

'kin hell gspanner - I though I had too many! Can't sell any under 50p Shirley :)

[brasso3] 16/12/2020 17:36

Bitcoin Whale Emerges With $1 Billion, Alan Howard’s Backing



“There is going to be a generational allocation to this new asset class. The flows have only just begun.” - CEO Eric Peters

[brasso3] 16/12/2020 17:29

Standard Chartered and Northern Trust partner to launch Zodia, a cryptocurrency custodian for institutional investors

[...]

h t t p s://www.northerntrust.com/united-states/pr/2020/standard-chartered-northern-trust-launch-zodia

[walter walcarpets] 16/12/2020 16:35

More insti buying in a big way

[gspanner] 16/12/2020 16:25

2.65m for my sins! Most 4-5p, but did chase some at 10...

Buy and hold for 12 months IMO, or for as long as nerve holds. Sell enough to run the rest for nowt at 20p

[hootza616] 16/12/2020 16:02

Used to be in the 3 million club!Now just 400k

[brasso3] 16/12/2020 15:59

That was when you got rewards of 12.5 BTC rather than 6.25.

[ragnarr] 16/12/2020 15:57

Last time ARB went over 10p BTC was only 10k :-0

[suffersnofools] 16/12/2020 15:40

uapatel - I think we all overdid it at the low levels!

[brasso3] 16/12/2020 15:29

I am in the 500k club.

[uapatel] 16/12/2020 15:22

Yes, wasn’t quite planning on so many, but got most in the 5 -7p range for my ISA & SIPP. The more I read on the company the more story made sense in terms of potential earnings. The recent engagement by the management on twitter to answer questions posted was a real boost.

Anyway good luck all holders.

[suffersnofools] 16/12/2020 15:18

That's a chunky holding! I think the posters on this BB must make up a few percent of shares in issue.

[uapatel] 16/12/2020 15:13

Thanks SNF & Brasso.

Makes thing a bit more real when you have a stake in the game, than watching from the sides. Think I’ll be building a position for a bit still. In the meantime my holding here (520K shares is looking very healthy).