Argo Blockchain Share Discussion Threads

[nico115] 19/1/2021 19:43

Btc highest correlation is with 10 year break evens Btw I got a lovely pm before " Thanks Nico for improving the quality of the Argo bulletin board.I know many posters give you a hard time but I know you are probably one of the most successful investors out there.Keep posting,I certainly appreciate it."Wow ,how NICE is that ??!!!

[aidenabettin] 19/1/2021 19:41

So who dumped all the bitcoin at the last correction?.Volume was through the roof. That wasnt normal traders and imo nothing whatsoever to do with TA.Just my opinion the same as putting a short on before bed every night because that when they usually short crypto. That is market manipulation and Binance imo is one of the biggest offenders

[sideshowbull] 19/1/2021 19:41

Think you may be wrong with BTC supply shock.

Ouch WTF, sacked.


BWTFDIK

[aidenabettin] 19/1/2021 19:37

Have a look at $BNB today as it hit ATH. They completely wiped it down from $47.4 to $42.2.Im a long term holder and collector of $BNB as i think it will be a top mkt cap company.They are ruthless and as an exchange they are there to make money. If you try to trade crypto they will beat you(averge trader) as its programmed to take you out.You have to buy and hold off exchange. Its the future but just too volatile for trading with more than you are willing to lose. Ive learnt a lot i must admit by using margin and futures for educational purposes. Got lucky with $link when it went to $20.At the moment it might be better to go looking for the next unicorn on AIM as there are going to be quite a few this year incl ARB.Good luck if your here as an average Pi

[2tyke] 19/1/2021 19:36

Brasso

Supply shocks don't figure in the markets.
It's a zero sum game.
You are barking up the wrong tree.

[2tyke] 19/1/2021 19:34

Lol

Bitcoin ALWAYS follows TA ..
It's TA is more accurate and clean than any other stock or issue.
The reason is bitcoin has NO external influences whatsoever.
Grayscale ? Zero effect on price...whatever they do.

[sideshowbull] 19/1/2021 19:30

From memory CMC only have 100k BTC on books, have not bothered to check as don't trade BTC.

BWTFDIK

ps BIRD IS THE WORD.

[aidenabettin] 19/1/2021 19:26

hTTps://www.financemagnates.com/cryptocurrency/news/grayscale-purchases-600-million-bitcoin-in-24-hours/

[brasso3] 19/1/2021 19:24

You can draw lots of charts but when companies like Grayscale are buying 16,000 bitcoin in one day that will cause a supply shock.

[sideshowbull] 19/1/2021 19:18

Exactly. I just buy BTC and hold, however BTC is following TA rules unfortunately for now as controlled by CMC and following well. UNTIL!


Don't margin trade, stick BTC in cold wallet and you will be fine..


You reckon BTC buyers are trading or putting under mattress?


BWTFDIK

[aidenabettin] 19/1/2021 19:12

Sorry guys but all your charts and TA are completely useless when your up against the likes of Grayscale.They can do what they want with the price of $BTC.This is still a very early accumulation stage.Try to trade it using technical skills and you will lose but you might get lucky. The odds are stacked in favour of you losing unfortunately .Just Buy and Hold its the only way.

[sideshowbull] 19/1/2021 19:11

I hope you are not getting paid for that chart. ;-)

BWTFDIK

[horneblower] 19/1/2021 19:08

I edited a couple of typos in previous post.

[horneblower] 19/1/2021 19:04

BTC has to go sideways for more than a few days imo. Likely in a range between 30k and 40k. Yes, that's sideways.

It is currently still above the extremely steep line of the 2017 putsch and needs to cool it's heels.

Any push above the 40k high will need another wall of money to come hustling in. This will happen, but not immediately.

Care needed with ARB right now since MARA and RIOT have both completed huge EW bull rises and also need to take a breather. If they cool off, so will ARB.

$100k bitcoin is coming. It will happen...but patience needed. Time has to pass.

[sideshowbull] 19/1/2021 18:53

Bi-Polar BB - jeez you guys need guidance.

BTC up.

ARB? no idea...

BTWFDIK

[nico115] 19/1/2021 18:49

We won't get to 27k Throw your TA charts in the bin You've been far too bearish on btc of late We are going up

[suffersnofools] 19/1/2021 18:41

Any drop near 27k will see a v bottom though imo. And next leg up is going to be extremely impulsive. Anyone standing in front will get steamrollered!

[sideshowbull] 19/1/2021 18:34

Brass maybe longer as base is strong.

[brasso3] 19/1/2021 18:29

It looks like this BTC pattern could play out over the next 3 days maximum.

[suffersnofools] 19/1/2021 18:27

Yep and then 72k as likely wave top on my count. Might need to go lower first though. Should know in the next few hours......

[nico115] 19/1/2021 18:19

I love the fact you are bearish btc As I'm going to do the exact opposite to you You're the best contra indicator !!Btc is going up to 41k

[sideshowbull] 19/1/2021 18:16

Only IMO, no advice 39k and 42k prints will lead to 56k and higher.

BWTFDIK

[suffersnofools] 19/1/2021 18:10

Yep. 5k is coming....

[brasso3] 19/1/2021 18:07

SNF

I expect ETH is going to steal the headlines over the next week or so.

[suffersnofools] 19/1/2021 18:02

Yes. Hold above 37800 and then 38.5 and over to confirm.This wedge looks very bearish until these targets taken out. A break below 36750 and if will reach the lower targets quickly imo.