RE: Argo in 5 years4 Oct 2021 22:43
Lottohopes
“ We don’t need to wait years imo. There are plenty of risk averse/fearful people who are watching both bitcoin and miners from the sides. There is doubt about a further leg up or not, in many investors minds. Once (if) bitcoin crosses it’s all time high, many of those on the sidelines will jump back in. Ridiculous as it sounds, greed always triggers action. People aren’t willing to buy at £1.20. But they will at £2, £3, £4 just like the last rise lol. ARB will surpass previous highs if bitcoin does what many are saying it will. Big if I know. But high risk is high gain. All imho. I have chosen a long time preference of decades as far as bitcoin (and miners) is concerned, rubbish at trading so not fussed about bumps in the road.”
Exactly. For every investor who researches a stock and buys in on their own research, there are another 25-50 investors who need mutual encouragement to buy, or for that matter, sell. That, sadly, often works against us! You and I have done it here and elsewhere.
I’m still buying, but I have to wait for everyone else to tune in.
Hurry up!