Member Info for Paul2566

Zengah
As I suspected, you don't trade. What on earth are you doing. Get some help fella

Yes, but hold.

You must be a teenager, no other explanation makes sense.
Out of interest who do you trade with, which trading platform?

Zenga
So nothing then

Interested to know what technical analysis tools you use, and if you have had success with them?
Bollinger Bands
Hull Moving Average
Pivot Points Bands
etc. etc.

bullmarket
Sentiment
Supply/demand.
Failing a black swan, I think the price of BTC will rise, only question is how fast. Too fast I think would be worse than steady, but in truth no one knows

BTC over the last 1 hour BTCseems to be averaging above£31750 which is good to see, so at the moment resistance at $31k looks good.
It may be forming a base to test higher.
ARB has I think got value in its own right, but at the moment it seems strongly tied to BTC irrespective to how Argo is being managed. Its not unreasonable to believe this will eventually change, with BTC having slightly less effect on the ARB SP, although I believe there will always be a link between the two values.

I think that BTC needs to break through $32.5k before ARB SP will have any chance at 85p. Why?. Because people are getting nervous and need alittle reassurance, irrespective of whatArgo is actually worth. Investors are often fickle creatures who react to negatives to a far greater degree than positives. An overreaction to negative, or perceived negative news or trends.
If when BTC breaks $34.5k the ARB SP will gain some real momentum. Why ?. See above. Investors who have become unsettled need more than a wave, they need a big old hug of good news.
BTC seems to be testing $31k at the moment, but if it loses support at this level we may see sub 65p ARB SP. Why ?. See above.

Whats your % of your portfolio in ARB, I'm about 40% at the moment but will try and cut that to 20% max when appropriate.

Long term I think BTC trends up, but on a daily or even weekly basis I believe its not possible to trend BTC, just wishful thinking.
It can be followed on the rise but thats just where its heading for the next few seconds.
When BTC is rising strongly one can make a reasonableassumption that in the very near term it will hold or make slight gains.
Trying to trend BTC in the short term is like trying to carry a bucket full of eelswithout the benifit of a bucket.

BTC anyones guess.
ARB because drop in BTC

Possibly a lot of smaller holders taking what slight profit they had left from yesterdays rise, and looking to buy back in lower.
I myself have 3 accounts holding ARB, the oneat a SP of 69p I unloaded fora slight profit, and will buy back at a lower price, or not if I get it wrong.

Same here. Price is bouncing around a little, but compared to the close last week its a nice rise.
We should all be happy and in a good place to maybe make further gains in the week.

Odd I'm getting a live SP of 84.82p to sell

TBH if you are not selling/buying the SP is only a paper gain/loss anyway.

If BTC stays where it is around $34.5k, I think it will close here somewhere around 85p. Thats not a bad move in a day.
A few of those through the month would do nicely thank you.

Thatsall well and good, and in theory I agree. However I trade through my bank, hold in excess of £100k accross 4 accounts, but have no idea how I would prove it to the BB.

Top of the page just above the blue post message bar.
Click filter and type in the name. Its got to be exactly as used. You can also remove the filters if you change your mind.

He pops up on nearly every post spouting some cr@p, just block if you cant be bothered to trawl through the garbage and enjoy the silence. Very sad.

Sorry. Thank.