RE: Red Braces Brigade29 Jan 2021 17:12
C...I already compute my portfolio to include cash and PAID divis as well as share values. So a like for like basis. My weekly target is profit(loss) booked on shares sold. My profit achieved this week was distorted by selling some of my NCYT. Without the NCYT sale, I would have made "only" 245% of my target, this good figure was mostly due to SNG, CINE and MCRO sales gains during the week.
T...Cryptocurrency is "mined", calculated using computers, it takes a long time to do the calculation. ARB build machines that do the mining, it is purpose built hardware much faster than PCs. So they are effectively making money althought there is a technical distinction that means crytocurrency is NOT money. There are many types of cryptocurrency of which BTC (Bitcoin) is best know and was first I think. Personally I prefer Etherium (ETH) for various reasons. However, ARB share price tends to follow BTC and not a basket of cryptos, again for various reasons. So when BTC goes up a lot, ARB does too. My expectation is 140 but it is so volatile that if you see 5% profit, take it then re-enter lower. BTC and other cryptos althought traded 24/7 tend to decrease at weekends. I wouldn't have thought it was a share(ARB) for you though!
Got to get the wine brathing, probably do a Cabernet Sauvignon tonight. Hope people had a good week.
Have a good weekend all.