Member Info for Phoebus

What's BC?

Price still crossed on my L2.

And if Cheryl went round to see Tom.

Looks that way. Day high 120p.

.

up 20% off last nights consolidation lows.

of yesterday's consolidation low to over $102.

Almost 6K off lows.

In the US ARB basically hit near day lows 4 minutes before the LSE close dumping out UK shareholders and then rallied non-stop closing only $0.03 off its US day high which was only 12 minutes before the US close. Trade ARB at your own risk.

of their positions big time after just one 15.5 hour session with LSE offline. The US closed at $1.49 or 110.65p, a whopping 22.9% premium to yesterday's LSE close. Overnight BTC then soared a further $2000 which should push today's market action even higher. If you think cryptos are in the midst of a bull market why take the risk of selling ARB until we reach the climax of the rally. Be right and sit tight.

With the Democrats now controlling the US Senate, House and Presidency and Biden's inauguration only 9 days away it won't be long until we see the US government unleash massive spending programs to hyper inflate the US debt even further. This is mega bullish for assets, particularly precious metals and cyrptos. Why else do you think both pulled back now? A nice dip before the coming rally. As Greg Mannarino pointed out today, we've had a bump in the $ the last couple of days, which has helped cause this dip in PMs and cryptos, but with epic increases in US spending imminent, the dollar should very soon be heading even lower.

Yemaj, if you're going to default on your mortgage because of one investment in a short time frame then you need a different approach. Never put yourself in a position where a problem with one stock can wipe you out. Start small and learn as you build up slowly and you should do well in the long run. All the best.

Having been interested enough to research cyrptos and crypto stocks when nobody else was interested, many of the early birds realize where this is ultimately headed and are waiting patiently for things to play out with perhaps some top slicing near the highs to add on weakness. Johnny come latelys are panic selling as stops are hit.

Do I dump my shares and cross my heart and hope to die that BTC doesn't suddenly turn when the LSE is closed or do I get my big boy pants on and wait for the cyclical mega bull to play out? Simples. Be right and sit tight.

Almost zero UK equity investors gave a toss about crypto stocks before Xmas and most probably couldn't have named a single one. You can bet your bottom dollar they're well aware now and are looking eagerly for a turn back up to load up big time and ARB will be top of their list. As soon as BTC resumes its cyclical uptrend this will explode.

Well said Parkboy. +1000

I disagree. The weak are failing to appreciate the big picture in cryptos for 2021 and are chickening out. Tough.

If you've invested because you expect to see a major crypto cyclial bull market in 2021 then relax.

We're just waiting on BTC finishing it's pullback and then this will be full steam ahead.

If I were him I'd stall it until BTC resumes its up trend.