Current Situation8 Jun 2021 09:25
Hi all, I don't post often but do read with interest on a daily basis, my tuppence for what its worth is that Argo's world is (and will be for a while) a battle ground (this is why its volatile and presents opportunity for big returns) this battle ground is a significant fight for supremacy/market share/control between different crypto (which is flavour of the month), regulators, central banks oversight/ability to control, ESG/green mining (CSR - corp social responsibility) of course all of these factors are plastered in the media all the time which causes shock waves of uncertainty. In my mind if you believe in crypto (genuinely) and you think that it is truly the future, then Argo is the best place for a portion of your portfolio to sit. you have to expect the volatility that comes with it. the long term holders will be rewarded, if you manage to make a bit on the journey of ups and downs then great but I'm sure we are all here for the whole loaf not just the crumbs. Would be a shame to be that person in 3 years times that says "I used to have shares in Argo" after it climbs to seriously big heights. don't make the mistake of thinking the bad times are here to stay, just like the good times they come and go just as quickly.