Member Info for Phoebus

Seems you already have good exposure. There are more options to consider. Add on momentum in a rising market. Add gradually on dips. Buy a different stock. Do nothing.

'Scary how some people are so stupid.' [Tears of laughter.]

Cindy, your comments so far on ARB and crypto seem to be deliberately obtuse. Filtered.

Here's an explanation. FUD gentle waft in a teacup.
https://www.coindesk.com/bitcoin-double-spend-that-never-happened

Typo detected. The horror.

https://digitalik.net/btc/#

And on decent volume.

https://twitter.com/glassnode/status/1351995631016022016
https://studio.glassnode.com/metrics?a=BTC&category=Supply&m=supply.LiquidChange

Look at the chart. BTC liquidity has not been this poor since BTC was $600 on its rise to $20K or at $12 on its rise to over $1000. :D

Big whale buying and stock flow line is around $28.5K which gives huge support. I expect any retrace to those levels would be short lived and mark the bottom of the consolidation.

Thanks. I'm trying my best.

That's an excellent post Rick. You capture the dynamic very well. I have only one question regarding your Argo shares. 'Will you ever give them up?'

I don't thinks Biden's stimulus is powering this. Perhaps it adds a gloss of impetus in buyers' minds, but for me it's just BTC going through its 4 year cycle. Scorpions sting and BTC has a huge bull run every halving. The facts of life. Pointless trying to fight it.

Tomorrow is not important. Focus on stock flow model and 3-6 months from now. Nuff said.

And also, if anyone thinks they're dumping below the placing price I'd suggest they have a few screws lose. This is not an AIM resource stock with zero income and a dodgy BOD.

I wouldn't buy ARG at all. No rig, no drill funds, no licence partner. Falklands is very remote too so higher break evens might be a killer in this economic climate. ;)

Richie33, a lot of people on here research proactively and thus bought early ahead of the curve and are sat on big gains at low averages and are happy to wait for BTC $100K, me included. You rock up late, buy 1000% up and think you know it all. Try and be more proactive next time. Now you really are filtered.

Yet another one that only started posting on ARB a week ago, got spiked and is now trying to tell us we've been had. Beyond pathetic. Clearly the huge rise in SP attracted a large number of 'experts' who have little idea about 'investing', the sort that get lucky in the first month or two, think they know what they're doing and end up blowing their accounts. Do everyone a favor and keep it to yourself. Filtered.

Sas, 3-6 months is my estimate.

Given your diabolical trade and the fact you've never posted on ARB before, why should anyone listen to a word you say? Filtered permanently.

I get NAV of coin holdings plus book value of other investments to be around 56p. This ignores the NPV of the huge income stream from staking. Excellent value.