Yeah, a few months ago it was, and those who invested have been rewarded. It’s now proved itself to be a really good forward thinking company. Most companies need to start at the bottom. How often has a company like this progressed as fast?
I get what you’re saying, but I think the company was just massively undervalued at that time. Of course BTC could go down, but if you thought that you wouldn’t invest. Just like if you thought iPhones were rubbish, you wouldn’t invest in apple.
Longshotluke
IMO this still has a way to go before it finds its true value. So even I BTC hits 40k the price should still rise, just a bit slower. I take it you believe in BTC? If we get back to BTC highs, I think you’ll be in the green by quite a margin. FWIW I was in the red for a while before I seen a profit. It’s worth the ride, if you’ve got the stomach.
Bully, if you go off last years mining, they mined about 2,500 coins. Say $40k profit per coin. That’s $100m profit at today’s prices. That’s without zcash and other income. £10 when on Nasdaq is not too far fetched. US market is massively overvalued compared to UK.
As long as Argo are trading behind competitors, then there is still plenty of scope to hold on to these shares for me. Other people will have different targets, just as some have left long ago. There isn’t going to be one day when everyone’s says, that’s it, I’m done here.