RE: Enjoy the Ride19 May 2021 14:49
very good insight Cameron. There seems to be a thing about crypto that "conventional" shares don't suffer from. I was holding Glencore (commodity miner) for YEARS and was in the red for a long time, I actually ended up selling at a small loss to buy in to Argo in January. It almost seems like red days in other shares get explained away as "a bad day", but whenever bitcoin is down, it's suddenly the apocalypse, the return of Christ, or an incoming asteroid. The amount of FUD and sheer BS is incredible. Even if you have only been here a few months as I have, we have already witnessed HUGE booms and a100%+ growth in sp. These times will come again, it just requires you to be patient. It really is that simple. Too many people are happy to claim DeFi is the future when we have good days, but then let emotion guide a panic sell when the inevitable red day comes. Argo remain a hugely profitable company, mining an appreciating asset (in the long term). As a wrote earlier in another post, the bitcoin spot price is almost irrelevant because Argo are HODLing - and you should too. #DYOR #GLA