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TimitoBoo Would love to switch off for a while but I have other shares in my portfolio although Arb is taking up 25% of it.
I am trying to re-coupe the losses with the remaining 75% so have to look at it everyday.
Arb will take a steep U turn soon enough.
Just a reminder, derampers don’t drop the SP.
The only people that affect the SP downwards are the SELLERS!
Hi Spectre. I have arb from as low as .70p upto £2.80 and also in the red a bit but I have no worries about this share in the slightest. Rather than look at everyday take 2 or 3 weeks off completely and come back then and I feel you will be very pleasantly surprised ..... and in good profit.
Xenor I have sold ARB shares before now as have been in an out of this stock since i started trading back in July 2020, but everything I made is now gone & I am in the Red as my Weighted Average is now £1.89.
These Trolls that post negatively on here are scum as I've been sucked in by their comments, not knowing any different I got scared by what they were posting and sold & then brought back in at a higher price, stupid of me i know but back then I did not know what I do now, partly because I was Naive, but you lot on here, I mean the good ones (too many to mention but RacinCyclist......Xenor .....etc) have made me feel comfortable in the knowledge that I am not in it alone and we all got to stick together in the months to come and have got to hold as we are all here for one thing ......to make money!!!
Calamari woke up on the wrong side of the bed!
Buy & hold. That’s my plan. I’ll up my spend from 10% to 20% a day this week I think, if things go how the majority of us expect. I’ll separate the 20% budget into 4 separate buys throughout the day, unless the very early AM dip (if it happens) is sub £1.30, then I’ll likely just buy as much as I can for the day.
I freed up funds for the sale...
The bitcoin corrections are just telling the altcoins, whos the daddy!
Xenor
I hope you are a warrior and will ride out the ups and downs; it is all part of investing.
Aspen
GLA Argonauts.
Everyone needs to keep their toupees on... Have a look at the daily btc price, around here where it was 10 days ago ffs.
If the price stocks around here Arb will make another $9mil this month... actually a bit more since more machines will be commissioned this month.
I agree, Xenor.
Luckily I didn't have much money in my account back then so only lost about £40 but that was my biggest loss at the time and it wasn't great. Then I went and poured money into another share - one that was being ramped like crazy and dumped literally after I bought the peak. Lost about £130 on that one. That taught me what a pump and dump is.
These boards are dangerous for new investors and I wouldn't advise anyone I know to browse them. I don't know how people can get away with the stuff I see daily on this website.
ARB is currently by far my biggest loss making stock, but these idiots aren't getting my shares. The stock has to rise again at some point if the company keeps making big profits and expanding surely? Even if it is in 3 months time that I am finally back out of the red, that has to be better than selling a loss.
I can't think of anything worse than panic selling for a loss and then watching it bounce higher.
When I was new to investing and first came to these boards I sold a share for a 30% loss because of what derampers were posting on its board. The share bounced back the next day and continued doing so until it would have put me in profit. It fell back again after that but that's irrelevant. Back then I didn't realise people target boards with negativity so people sell their shares so that they can buy in lower. Unfortunately, these idiots prey on people who don't know better.
Sometimes selling shares for a loss is justified - when fundamental things change about a company. But this isn't the case here.
Panic selling from FUD spread by those who want in all be it at a lower price is madness. Beat them at their own game and HOLD. What are you going to do if you panic sell? Well after the relief of watching it perhaps drop further you’ll be guaranteed to FOMO back in when it rises. If you think you’ve been burned you’ll leave and never come back but then try to cover losses on your next choice and repeat the same mistake until you have nothing left. Put yourself in the FUD spreaders shoes and feel sorry for the fact that they aren’t in and will have to buy in higher. Hold and be patient. If you’ve done your DD you’ll know why you should. Don’t put yourself through the anxiety of panic selling and then panic buying back.