RE: Multiples by the end of the year....17 Feb 2021 10:07
I'm sure this might fly more, but also made the call to sell up today. Left a very small amount in.
Walking away with a 6 figure profit in an ISA wrapper, so this pays the kids tuition fees for the rest of secondary school and more on top, including 1% giveaway to charity. Can't complain and very happy, even if i miss out on further multiples.
Good luck all, might jump back in when bitcoin crashes (which it will btw) - hopefully this can learn to sustain and not be so dependent on BTC momentum, but honestly it was giving me a heart attack outside of trading hours.
My prediction is to expect a BTC crash when it reaches $60k-70k per coin, before it then gains new highs toward $100k. When it drops expect to it gain support at around $30k-$40k - its at this point that i dont know what the ARB SP will be and that's why i'm out. Will probably buy back in when it happens and enjoy the ride once again to $100k
All my thought based on my own research. Just sharing, do what you want with it. New investors and old, don't get stung by BTC, its highly volatile and only invest what you can risk to lose!