Member Info for Phoebus

And the model suggest somewhere in the $100-250K range in the next few months. Why bother to trade in and out, especially ARB with the gaps it has over the weekend. Get in, sit tight, wait for the re-rate.

It is more useful to look at the stock-flow model for BTC and consider how crypto stocks move at this point in the halving cycle rather than be a slave to technical indicators IMO.

https://digitalik.net/btc/#

Good advice all round. I agree on the research and I've done a lot. Problem is I like lots of stocks. Have picked a few to focus on and left a smaller amount of cash to switch between the others as they warrant it. Works well until they all move at once. Some will sadly have to be left out. GLA

Hope nobody was dumped out this morning.

I've forgone buying some other PM stocks that are currently moving higher to back up the truck here. Assets here look excellent and I fully expect this to have a major move very soon.

Yep. Aussie gold in Pilbara or Victoria would be best.

There are lots of stocks I'm interested in at present, but I can't bring myself to sell much of anything to build too many new positions especially if it means selling conviction stocks to buy tiddlers. Sector wide moves are great for the portfolio, but make it very difficult to decide how best to allocate capital. Think I'm going mad from analysis paralysis. Do I sell some of the currently static/slow moving sure fire winners to buy some fast moving strips-o-wind. When I do I get schooled. When I hold tight I feel like a doobry a few hours later. Agh!

All these factors make it very hard to decide how to best allocate capital at a time when a lot of stocks are rising. Feels a bit like playing whack-a-mole after too many beers at the moment.

but a bit perplexed at what is driving it. Company seems to have no active operations at present and all is hinging on the lure of a new as yet unnamed project. Seems a bit odd though as plenty of gold stocks with actual projects underway are at lower valuations. Seems like just a play on a bullish chart, but guess I'm just a numpty. Good luck anyway.

The first two I saw were clearly buys. Haven't see the others.

Irrelevant technicals. Cyrpto are not stocks. Go look at previous multi-year breakouts in cryptos. Completely different order of magnitude from moves in stocks.

Don't think that's much of a factor. Trend was long established before the holiday.

Technical retrace. Profit taking.

Good. Nice to have a bit of consolidation. It will bounce back even stronger ready for next move.

and sector looking very strong with metals appearing to be on next leg. Perfect set up for WSBN starting its Red Setter project in Q1.

Topped up again this morning. With operations scheduled for Q1 on both Aussie silver and iron projects, the action in the metals prices and positivity in PM stocks it looks like UFO is about to start a massive move higher. Chart's a peach.

Dore speck more like. LOL

I guess it should be on Robin Hood from next week all being well. Tip top.

Look at previous major breakout rallies in BTC and other cryptos. BTC has repeatedly soared Nx10 fold in a few months on breakout during which it had small consolidations/pullbacks for 2-3 weeks before the ruthless move higher continued apace. Whilst it's admirable to try and be in ARB when BTC is going up and out when it's going down, BTC can move a huge amount when the LSE is closed and it would be very easy indeed to sell out expecting to see a BTC led retrace only for it to turn back up and move catastrophically higher whilst ARB is closed for trading. The period for trying to trade this was whilst BTC was still consolidating. Now that it has broken out above its Dec 17 high and the whole crypto complex is storming parabolically higher to find new quantum highs, trying to trade ARB for the sake of an imagined 2-3 week pullback looks extremely reckless. Best to sit tight and focus on the general move and wait till we approach new quantum highs across the sector. Lots of cryptos are still to break out above previous highs and previous breakouts have lasted several months, so I expect we have a LONG way to go yet especially as the current financial backdrop is mega bullish for the crypto sector.

Plenty of UK investors will be looking to deploy their share account capital into the crypto space and ARB is by far the best looking of a very limited number of choices so it's no surprise the interest here is so strong. If crypto continues its bull run as anticipated the investor inflows here should be immense.