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The only issue with all of this is that I am very bullish for BTC & ETH as a whole, and so I am forced to find additional funds to try and invest during this current "discount". Some may call it catching a falling knife, but I'd rather invest in something I fundamentally believe in and get it wrong, than to look back in 10 years and say "agh sh*t".
Managed to scrape together some of my profits from VRE and MHC and shove them into Argo earlier today. A part of me hopes we touch £1 for another top up, but a large portion of me wants things to get back up to the £1.50 range.
Crazy flashback; remember all the angry folks after PW offered shares at £2 via PrimaryBid? God time moves both slow/fast in this BB.
Musk is a player and does what he's told. This is just the latest attack vector. Suck the masses in following a pseudo hero and then **** on them just as they've become emotionally exposed. Either that or they downloaded the wrong update to this clone. Anyone that pumps Dogecoin deserves ZERO respect. Like I've said many times before, the majority of Crypto investors are smart and informed. This latest batch of FUD does not dissuade us from the fact that an entirely new ecosystem is being built before our eyes and BTC is the daddy, with several Altcoin projects looking fantastic. This latest bipolar brain fart from Musky Boy only serves to undermine what was left of his credibility in the space.
Personally think EM is dangerous and a doylem.
He’s rich and has a lot of sway unfortunately. Doesn’t make him clever to try and kick the cart over
Cant see him being invited to PGWs opening party in Texas!!!!!
Musk is a rich clown, with emphasis on clown. The hero worship of a meglomaniac who once stated Marx was a capitalist because he wrote Das Kapital, and treats his workers like s*it, is pathetic. For God's sake, he doesn't allow safety lines in his factories because he doesn't like the colour yellow.
He might be attractive to young men who have never had a girlfriend, or done a proper day's work in their life and think anyone over the age of thirty is a "boomer" (they don't know who boomers are), but those of us in the real world know this man is a weird looking meglomaniac that needs to be sent into space with his monkey.
Have to take the rough with the smooth in something as volatile as a Crypto.
Nobody moaned at Musk when he bought a tranche.
Very clever man.
I got shouted down for pointing out what a plank Elon Musk the week he sent bitcoin to the moon. It's ridiculous that an ego maniac can send a "currency" soaring or plummeting with a single tweet.
well said Cameron, completely agree.
for me personally, i am quite relieved that BTC is tumbling as i feel that (from a technical viewpoint) that it needs to hit down to $43k to invoke the next big run up above previous ATH as its been travelling sideways for some time now.
for me now, this is just a waiting game, i have set up my position and nothing has changed for me to alter that as it was always a long time frame.
just gonna pack my deck chair now as on the way to Delacey island for a mojito :)
GLA
Isn't one of the key factors when you are monitoring a share that you've invested in the "share price"?
Agreed Delacey, hodl! It was a long term play when I got in late Dec and the fundamentals are even better now.
Will we see a whole new breakout of companies who accept BTC & those that don't loose business
Feels like those who went online & those who didn't
Renting a video from Blockbuster was green but streaming them all over the world from Amazon & Netflix data centres isn't but we all know which won!
Many more entrepreneurs beyond Elon
FFS, why don't people look at past SP movement. This happens and then reverses in either direction. I've already pointed out the March 18, 2020 situation when SP 2.7p. Hold and wait. If you can't you should never have invested here.
Delaney, To HODL is all good and well but an SP drop of more than 60% from highs is a big worry I’d say. The sentiment here was fantastic in January and now it’s dogs**t. The fundamentals are still great and I’m struggling to get my head around such a massive drop TBH. The thing is, it’s gonna take a huge increase in Bitcoin to reach 200p again. Sorry to be pessimistic people but shareholders need to be realistic. Bitcoin is not going to 100k any time soon.
Hahaha Delacey
Of course it's panic, but also it's people selling for profits. It's just a reflection of the short term outlook. We don't know what's going to happen in the next 6-12 months. Rampers who keep saying it's not fair etc, shouldn't be invested. This comes with the territory.
Gladly where .
Indeed Cameron. I believe many of us feel exactly the same. Like your line there in the second paragraph....
#argoistheresolution
Right, I hate to be a ramper and I will try not to be, but I cannot see why this is so badly hit other than sheer panic from investors.
Sure - Musk has tweeted that he will no longer accept payment from BTC for Tesla, but he also mentions that there is total intention for them to accept it once the matter is resolved. Argo is the resolution. Argo is pushing more than anyone for a 'greener future' in Bitcoin.
Also - anyone who invested on the back of Musk are total morons. The dude has been pushing the DOGE hype for the past couple of months, a coin that has zero utility and is literally a 'meme'. You're telling me that you are basing your investments on the back of this clown? Time to learn how to invest again.
I for one have topped up again and will look at the 5 year plan. In PW I trust and I will gladly wear this mothertruckin' hoody around town for all to see.