Member Info for misterbeck

some say $70k
https://en.brinkwire.com/finance/jeff-bezos-is-experimenting-with-crypto-payments-for-amazon-which-may-push-bitcoin-above-70000/

I had no spare cash available last week to top up otherwise I would have like to have done the same as sbbtwenty20.
Most stocks were down last week, so I couldn't even top slice another stock to put in here either.

JC-130. I understand your point and sorry if I did not reply on time or at all.
But surely you realise that I am not on here all the time 24/7 and so I may have missed your posts.
Would you like me to go back through your posting history, find the question(s) and then answer them?

JC-130 since this morning I am an investor here - but im not really sure what a 'true' investor is, but ARB is only the speculative part (30%) of my portfolio. I just wanted to be sure that the downtrend was fully broken before recommitting here because BTC has a history of being volatile sometimes. Obviously I missed on a small gap up last week and then another this morning, but overall im in good shape and did a few decent trades over that period - I just wasn't prepared to take the risk on jumping back in when potentially a further BTC retrace into lower 20s was on the brink. As RC also pointed out last week there was TA available to support both break outs upwards and break downs. Now that the 50 day SMA has been breached it looks like the downtrend is fully broken. I hope it ok for a PI to react and change their stance according to transformational breaking news or if an important TA resistance is broken ? Let me know if its not. You are welcome.

You and me both. I had my moments last week though...

Good call on Darktrace. How do you expect it to fair over the next few months?

Great recovery here today. Currently one of the the top risers.

@Blubay. Just following the TA. Missed the top last week at 125p and sold out just after.
Never foresaw the Amazon news breaking. My mistake.

@LimpingAlong. Yes well I guess all the clever ones predicted the Amazon news breaking over the weekend. Get over yourself.

I see the playground banter has started up again by the usual suspects.
Best to have a flexible approach to investing rather tha be intrenched in one camp or the other calling people names , but that's just my humble opinion.

not really just a factual account + responding to quickly changing market news and TA break out.

Hope the Amazon stuff is substantiated. Who would have thunk it...
Sold just at 120p last Thursday. Had to buy in again at 130p this morning. 9% more expensive ouch.
Still im pleased im back in regardless.
Don't think we will see £1 again.

Not negative RC. Just trying to apply a bit of caution where necessary so people don't get to carried away on the hype.
I agree it could go either way at the moment and you can find TA to support both arguments.
btw, where have the Getti, Gatti + Pear1s characters disappeared to these days. I thought you might be the best person to ask seeing as you are closely affiliated with the Discord group.

https://www.fxleaders.com/news/2021/07/23/if-bitcoin-cant-move-above-the-20-daily-sma-soon-then-30000-will-be-under-attack-again/

Good evening RC,
I appreciate you well thought out reply. Some valid points, but not all.
I understand your assumptions too but that's all they are.
But would you ask the same question of other ARB investors or holders how much they are intending to invest at any given time?
It seems like slightly immoral question to me.
Would you answer DrLong truthfully if he asked you the same question?

current prices definitely qualify as 'accumulation' levels mho.

should ensure downtrend reversal
https://ambcrypto.com/technically-still-on-a-downtrend-bitcoin-needs-this-to-reverse-its-price-fortunes/

No offence, I just wondered if some of the more experienced holders here had encountered a similar scenario with a comparable stock when it dual-listed with a public offering that was all... I guess its a case of 'how long is a piece of string?'

It got as high as $32800 yesterday. See if it can hold and stay above $32500 this time.

Drlong. some interesting posts from earlier...

8.29am UndergroundKing - 145p close
I think 140 -160 range is here
9.08am donotpanic
this could go over 150-160 tomorrow...