Member Info for misterbeck

Unlucky HedgeHogarth. I was sure you had sold out at 34p and wished I was you and done the same. But I would still have bought back in on the drop today. I have been following your recent predictions/posts and they have been soo spot on I wondered if you even had some insider knowledge and that you were a Good Samaritan here to warn the vulnerable PIs. Sorry for the previous sarcastic posts you know your stuff.

Mysteryguy - to some extent I agree with you. But I would not consider myself a day trader. I maybe do 1 or 2 trades a day and just re-callibrate my PF. But I cant ignore a 40-45% spike which Migi encountered in the last 2 weeks or the 25% drop on ARB today, luckily I was watching the screen when it happened which is often not the case.

Diamond hands aye Dags. Diamond hands...

Love the volatility thats what were here for isn't it? Its okay if you are able to watch the screen from 8am to 9pm then you get a chance to quickly react to the spikes as they can come very suddenly and when most of us are meant to be working...

I got lucky today but I could so easily have missed it as I do with most of them.

I always sell on a 40%+ spike up and buy on a 20-25% drop regardless... unless there is a serious fundamental reasons not to. Even if there is a serious reason you still get after shock ripples to get out on.

Indeed. Threw the kitchen sink at this at 24p

All US miners went down yesterday tracking the Nasdaq and the fall in Apple and big tech stocks. The fall was not ARB-centric.

Right now this is an easy 'hold'. ARB is an unstoppable force all the way to 100p imho. Diamond hands wins out.

Flip-floppers will lose.

I hope it goes to again 300p too. But the last time the SP went there ARB was a completely different structure with different prospects. Hype and rabid frothing will no doubt drive the SP higher but there is nothing else to support it. The next RNS may not be the one you are hoping for...

Thanks HH for your detailed reply.

I'll take a look at XF and MMAG.

much appreciated.

Good answer HH.

Do you mind me asking what other things are you invested in that you perceive to currently be more lucrative than crypto stocks especially over the last 2 weeks?

I do also suspect there will be a raise at some point over the coming months but not before the ETF approvals and hopefully a big jump in the SP - as you say to a 12 month high.

I also am aiming to exit here fairly imminently but just need to get the timing right...

Good luck to you.

@HH Question. What is your strategy for remaining on the sidelines. How will you benefit from the vaaaaast btc gap up over the weekend?

@Chae "testicular fortitude" ROFL

Sorry Saby my apologies. I mistook you for one of those rogue QBT posters who occasionally

drifts over here to gloat...

Wishing you all the best for a successful 2024.

Yeah bag holders with 300% profit. well done SBaby.

You did well with your diamond hands strategy. At the moment selecting a crypto stock to invest in is like shooting fish in a barrel.

WD Dags. Happy New Year to you. You started early on the sherbets today.

Decent returns indeed. Similar profits for me too on Mara + Migi and 200%+ on ARB. Enjoy yours.

Seems a shame your flip-flopping stalker friend very PoorInvester sold up all his Migi on 20 December just before all the action. Never mind.

Lol @Chuz. Interesting your figures are so precise! Mostly also agree with that scenario.

Agreed. There is no evidence to support the prospect of a healthy growing ARB business model or to guarantee its long-term survival. But in the short-term it is and already has provided a great trading/investing opportunity, and who knows how high the SP could go if BTC were to reach $60 in the next 3 months. Not saying it will but I expect it to.

You would have to be a brave man to short this stock now or to be poised and waiting on the side lines, we are at the start of. a new bull cycle and several parabolic SP moves will surely happen as sentiment, (unfortunately greed) and FOMO multiplies.

btw I got a closing SP of 29.00 - not too shabby considering its been 7-8% down most of the session...

No, no not at all. I think HH is genuinely here to help the uneducated and inexperienced with his wealth of crypto knowledge and trading expertise for no reward other than the satisfaction of knowing that his advice has prevented 1000s of ARB PIs from losing vaaast amounts of hard-earned.

Ill get my coat...

Most analysts are expecting ETF approval in January and some are saying more specifically by 10 January.

Would you want to be out of ARB before that? And I dont believe it has already been priced in.

Congrats on your first post