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Yes agree Wolf. Not this quarter or even year tbf.
Long waiting game as ive said previously for us shareholders looking to break even. Let's hope we maintain a good alignment to btc
Chopsing - Listen I am not moaning like a 5 year old I am merely stating facts. Don't like it F*** off. I am not going to sugar coat the state of Argo because you happen to be a snowflak or in serious denial. The hard fact is this could take us years to reclaim our looses and Argo's business model isn't one that looks strong and there is a lot of us here now waiting patiently to exit out of here. And please stop with the 'your first loss is your best loss' not sure what site or youtube video you picked that up from but let it go.
Bluebay - one only looses money if they sell. I never said ive sold noor will I at this stage.
Yes I did make a mistake like lots of us shareholders and as I've said previously it is a tough lesson for us all and it's now a waiting game.
Nat - silly comment asking if i bought on the way up or way down. That implies the price hasn't yoyo'd which is virtually impossible and suggesting I take my 'small loss' and be out is also silly as that would imply you know what the amount ive invested in and to sell at a loss which nobody does unless they desperately need the money which adds to my previous comment that people do offcourse care about the share price in the short to mid term even if they are in it for the long haul.
Yea if you could not respond that would be great.
Nat - my average is just over £1 and the rest of what you say is just words with no effect.
Well done for selling at the price you did
Mass sell off at these prices. Imagine the amount of sells in the next year(s) when this creeps back up to £1. Also imagine the price BTC will need to be for that to happen (an all time high is needed almost certainly)PW has lost trust amongst us shareholders and that will be difficult for him to get back if that is his intention.
I have no intention of preventing anyone from investing and never implied that once. I merely stated we were all duped last year with PW's charm and lead down the wrong path and now it's a waiting game to reclaim our loses thats all!
And that people should be wary of these 'crypto experts' using charts, algorithms and other jargon to make predictions on YouTube and lastly that of course one does care about the price of Argo/Bitcoin in the short to mid term even if you are a long term holder.
Constructive criticism or negativity? Lol
Natnrg - sure, himself and his board selling a large stake at £2.50 only for Argo to tank shortly afterwards was a big sign for me personally. Also going down the ADS route for our Nasdaq listing was another. Also the promise of delivering Texas complete by Q2 but not and the cost in which they acquired Texas for (which was the premise used to fundraise in the first place)
To me PW seems to only care about himself and his buddies. He isn't delivering value to shareholders. Merely using us as his cash cow.
That being said 'I am not SELLING at a loss and will be keeping my shares until I can at least break even.
Called me out on what exactly? You joker.
Yes i literally said Argo is a longterm hold.
Chopsing - you won't find any video of him or anyone for that matter advising people to invest it's not allowed as part of their disclamer but you will see people including him ramp the hell out of Argo.
Yes Argo is a longterm hold several years. We are all waiting to reclaim our loses.
I have an average of £1.10 and yes it is offcourse money that i can invest in and aren't reliant on at this present time. But without caring what entry price you position yourself in can lead to years before you can break even. Which is ironic as one woudnt put the money in a bank because of no return but will invest without a care of the buy price because over years crypto is likely to rise is kinda silly no?
Of course you care about what happens between buying and selling. Nobody wants their hard earned money in negative straight after investing it and sitting like that for long periods of time. That literally debunks the arguement that you get nothing in return for keeping your money in a bank. Lol
What you will never see from any of these 'crypto experts' is when to buy and when to sell why?because it is impossible to predict even with endless charts and other jargon.
Buying and selling at the right in crypto is critical just like any other investment but incredibly hard to get right. I personally don't buy this 'I don't care what the price is in the short term 12,24,36 months etc because im in it for the long term. That sounds like a great idea until you suddenly need to raise funds as an emergency. Silly trading of you ask me.
Lots of us including myself were duped into Argo by a fraudulent CEO who led us all down the wrong path and not to mention all these silly analysts online ramping and now we are all waiting possible years to get back our losses. Hard lesson to us all.
@chopsing - Since Damian has been covering Argo last year it has continued to go on a downward trend. I therefore said I personally woudnt take much notice of what he says as nobody knows the future.
@Flowerpot - good question. Perhaps the same reason many others didn't sell at £3, £2 £1 etc...maybe we were led to believe Nasdaq would be transformational for us and didn'texpect Argo to godown the ADS route? Maybe we believed all the crypto 'experts' or maybe because people don't really want to sell at a loss? Number of possible reasons.
All I'm saying is be careful of all these people hyping Argo or even Crypro as a whole without any factual evidence just a graph. Before Damian it was Funky Finance guy that was ramping Argo and he's since sold and it probably larging it up in Dubai. Also who remembers Max Keisers 220k prediction last year to which he has since predicted again for this year? Or Plan B's prediction that never came through.
Chopsing - please elaborate. What exactly was nonsense from my below comment?
I wouldn't personally much notice of buysellhold channel. He has been ramping BTC for the last year right down to its current price. Nobody knows what will happen it's impossible to tell. That being said the longer we sit bearish the worse our alignment to BTC is. Currently we need BTC to break into a ATH for us to creap back up to the £1 mark.
So it's wether you think we will reach a ATH this year and wether £1 to you is profitable. Sadly most including myself need Argo to go past £1 before we start seeing profits again. Only time will tell.
Gla
Stnz - good for you. Although not as good as the early investors who caught this at 5p. You won't see then around anymore.
Bluebay - same reason you didn't and are here like the rest of us trying to break even.
Why are you assuming this is my first loss? Also why are you in denial that this company is run by scam artist? The board literally sold a major stake just before the crash last year ?? They where also persistently hinting at a Nasdaq listing as imminent when it wasn't and went down the ADS route. I also stated we will need to break a new ATH in BTC to reach £1.00 am i wrong?
Jeez you really need to read more. This is child's play.
Although I like your 'your first loss is your best loss' where did you get that quote from?
Chopsing you silly little man. Nobody should sell at a loss and everyone is entitled to their opinion.
I suggest you either provide some facts proving my below statement as incorrect or keep it shut.