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HI Ever up
your very welcome ... lets hope BTC pushes up over the weekend ...
Have a great weekend ...
Hi Tiger,
Thank you again for taking the time to respond. Each to their own and very best wishes.
as a cyclist I "eat, sleep, ride, repeat"
and as an argonaut I "BTFD, sleep, hodl, repeat"
doesn't quite make a t-shirt or poster but does seem to work.
the rest is noise
HI Everup ..
If you go back to all my posts I have always reiterated that my only reason to be part of this forum is to share and TNH about our research so we can all as a group gain or cut our losses ...
Hence in saying the above , it would not be accurate or honest to answer your question on what I feel will be a conservative SP in 5 years time ...
Presently I am reading data that is available and reliable for the next 6 months , I don't believe anyone can read into any genuine data that would predict a SP in five years with a digital currency such as BTC ..
Hence my plan is to wait until BTC rises to 73k which I feel will be shortly , and ARB should by then be priced at around 325 - 350 range ... I will sell out , not because I don't believe NTC will reach a 100k , or ARB will not go on and expand its network ... NO , its because I like to work in a environment that I feel comfortable , so if one cant see past the next few months or even weeks , its times to get out ... I also believe once I set my profit margin , I don't derive from this , come what may ...
Bottom line , I am not here for the long haul , as the cash I have invested is considerably high , so I do need to ensure I don't loose due to unfounded reasons for believing I can make a larger profit by holding ...
Buyers promise, That's easy to say now the price of BTC has dropped, but as investors we believe that the price of BTC will be 100k + soon enough, not a quick buck.
Because they are prioritising the btc hodl, good for me, short term pain long term gain in my eyes.
A response I had from Argo -
With respect to dilution: Even if we wanted to do a fundraise, we wouldn’t be able to do one right now, as we don’t have the shareholder authority, or the ability to raise money without the publication of a prospectus, which is a time-consuming process.
Like the concept of the company but sorry the dilution is a near quarterly occurrence Why not sell some bitcoin when it was in the 60ks rather than keep running to shareholders
Hi Tiger,
Understood , thank you. I did carry out some research and due diligence before I bought in, although I'm not an experienced trader, I only invest via my SIPP and previously have made reasonable profits from other investments.
With regards to Argo, I am focused on holding longterm, appreciate the volatility of the stock and looked forward to its growth.
Based on current available analytics, whilst taking into consideration overall market/Argo and cryptocurrency volatility, what SP would conservatively, and potentially, be achievable within a 3-5 year time frame? Additionally, I haven’t heard any discussion with regards to future dividends and a time frame for the advent of this, if everything goes to well and to plan?
lovely post and very well put!!!
https://twitter.com/abjunior777/status/1385566776273129474?s=20
HI Ever up ..
Now and again when I see a post like yours , I have to take time and share my thoughts ...
Yes fortune does favour the brave ...
I was like many on here feeling the power of frustration last week , watching BTC hit all time highs and AGO dropping , with no tangible reason ....
Hence as I am fairly new to the Crypto world , being in stock all my life , I decided to research everything that is involved in digital assets ...
The brave , are the ones whom hedge bets believing that their fate will shine ...
So comes back to our saying which I will define differently ... The brave are those who do their home work , and make a decision with conviction in belief of what they have bought into as a investment ... SIMPLE ..
BTC and anything related share one principle in common ... they are volatile .. and research leads one to understand this because BTC is decentralised , meaning its has no single administrator , and that it can be sent from one use to another ... (newbies ) its dose not need intermediaries ... So guys how can one expect any from of consistency .. you basically cant ...
The above is what makes this digital asset unique ...
The upside is supply is limited , demand is high , and will remain high as adoption grows ... However like any growth stock it has to retrace from time to time ...
Hence when we dip , I just laugh and post silly predictions , why , to keep all interested and un nerve the weak ... as the truth is BTC is destined to hit 100 K by the close of this year if not before , so its clear ARB will reach the ATH of at least a realistic £6 ... and this is a researched prediction using technology ...
So ARGos learn how to relax , ride the waves as one would as they swim to the sun set .... This is far the most promising stock on the exchange to multi bag from here ...
If you understand the brief logistics I have explained this afternoon .. you are destined to thank TIGER very soon ...
Current fair value of this share in my mind is £3. So I’ve been buying throughout the dips, confidently so.
*favour
Thank you again Mrhold, I’m watching it now. I strongly believe we are witnessing a revolution to the financial world, which is also pushing the technology envelope forward too. Very exciting times and fortune does favours the brave!
You’re welcome Topdog...I love your name by the way!
I’m about to head out for the rest of the day so I won’t be posting again today (sighs of relief I’m sure!).
I wish everyone a great weekend full of positive energy, joy and gratitude towards each other and our fellow people on this planet.
You’re most welcome Everup. I’ve posted a link to a very recent video which you might want to watch. I’ll repost it here incase you didn’t see the post. Thank you for your good wishes and kind words too. I believe we are still in the early days of this “ financial revolution” (relatively speaking). Historically it’s the pioneers and the brave who are the ones who reap rewards in the medium to long term. I hope that will be us! All of us!
https://bitcoinmagazine.com/business/sustainable-bitcoin-mining-with-peter-wall
Thank you MrHold too
Thank you Blubay, my question was a bit tongue in cheek ...but thank you for a positive and informative response.
Mrhold,
Thank you for your kind words. I’m very positive regarding Argo and one trusts time and patience will indeed reward us all well. Enjoy the rest of your day and have a great weekend too.
@Topdog - I guess no-one can easily make that decision for you. It would depend a lot on what your goals are, whether you're hoping for a quick trading profit or a longer investment return, as growth or/and future income, whether this is a stock you plan to add to incrementally with a moving average or as a one-off buy. I think everyone who's holding shares now believes they are worth holding and it certainly looks like a good investment on paper for well-run and highly profitable business that's both a proven innovator and becoming a sector leader. But it's too volatile a stock to put your life savings on if you need that money back by a deadline. Good luck!
Hi Everup. We are all rooting for you! Patience will be your best friend here. Please God your purchase price will reflect your patience and reward you well in the fullness of time. In the meantime have a beautiful day , a great weekend and remain hopeful and positive.
All I can say is that I wish I had spare cash to avg down my SP of 2.30. We have been seeing some very good entry prices, but that’s only what I think and I’m no expert. GL.
Hi Top Dog. It’s a difficult question to answer, however I genuinely believe that the price quoted now is an excellent opportunity with everything that’s going on with this company. Obviously it’s a choice that you need to make for yourself as no one on here would want to be accountable. What I can tell you is several friends of mine have bought at significantly higher prices (circa £2.00) than what it can be bought for right now. They are very wealthy individuals who absolutely believe in this company and the gentleman who runs it; Peter. They rarely make poor decisions! I hope that helps you form a sensible and measured decision.
1.59 thank you