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ARB is obviously leveraged with debt for future expansion. In one of PW's Q & As yesterday he acknowledged that the BTC price was likely impacted by the 4 year halving cycle. If this cycle impact is the same as the last time you wd expect BTC to peak at end of 2021 and slump for a couple of years afterwards before picking up again. But PW suggests BTC may be more resilience this time but still suggests there cd be some sort of temporary slump in maybe 18 months time.
BTC volatility does put many ppl off from buying BTC and it is often used as an excuse by MM to bash it. The day after I bought a ton of BTC last year it tanked 14% the very next day. I did hold and it worked out well since. But it is quite scary.
I play a game using WhatsApp. It is fairly easy to send WhatsApp messages to yourself (Google for details). It is great for storing information on the fly whch you can delete at any time. I copy the latest BTC price into a WhatsApp message to give me a base point. Then I continually update it (you just add the new value to a new message and delete the old message) hopefully with increasing BTC prices. If It falls back, I keep that high but add a new base point.
https://twitter.com/BTC_Archive/status/1359223431103983621/photo/1
The article https://www.ajbell.co.uk/news/6-out-10-bitcoin-investors-dont-have-isa-and-half-dont-have-pension?utm_source=twitter&utm_medium=social&utm_campaign=presscomment is wriiten by Financial Analyst guru Laith Khalaf who has a ridiculous CV:
"Laith Khalaf started his career in 2001, after studying philosophy at Cambridge University. He’s worked in a variety of roles across pensions and investments, covering both the DIY and the advised sides of the business. In 2007, he began to focus on research and analysis, and has since become a leading industry commentator, as well as a regular contributor to the financial pages of the national press. He’s a frequent guest on TV and radio, and for several years provided daily business bulletins on LBC."
ArgoBull, that is cool. I decided against investing in them and am happy not to mention them again. I did try to point out at the time they were another level of risk like an explorer miner to ARB's junior miner.