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I was fully expecting to wake up to BTC being around the £49k mark with the $6b options flushing through and ending at 4pm today, but was pleasantly surprised at how BTC has held up under such pressure. I think it bodes well for the coming days. Let’s see how it goes over the course of the day, but encouraging thus far.
I would suggest that long Hodl’s refrain from the frequent checking of ARB and BTC for a few days as it will be bumpy. Let the $6b options flush through tomorrow re BTC, the negative unhelpful rhetoric from the Biden administration has compounded matters across a lot of US stocks, which obviously inadvertently impacts us, so let sentiment return across the pond and just be patient as we have lots of good news coming next month, reason and measuredness are the order of the day, as we are in very good shape.
I do feel it is not if but when GMR will be taken out by a US operator, quite possibly Bally’s?
https://www.google.co.uk/amp/s/www.thisismoney.co.uk/money/markets/article-9399083/amp/US-casino-2bn-swoop-Gamesys-Bosses-hit-500m-jackpot.html
The uplift in value of Oxy.gen valued at $0.10 and now trading at around $2.90 is impressive. As much as I disliked how the dilution was managed, we should see the upside when the April update is released. There are three/four posters on the ARB forum who just spout negativity at all times, I don’t believe they are invested in Argo.
A very measured and sensible post Prophet. The hysteria on this forum is incredulous at times. If you are going to hodl ARB, just enjoy the ride, there will be good days and bad, but buying in at the current price is an absolute no brainier in my opinion.