Enjoying this pump, just wonder when or if it will dump.
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When institutions decide they now have enough BTC? 
I think the market at the moment sees ARB as undervalued in comparison to other miners such as Riot. Particularly now the stock is also available OTC in the US market which, agreed, is further helping to generate hype!
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I read someone yesterday who was up 70% in a day and plunged in fomo, angry at myself for trading on emotion but I’m up 40% today 
. Dyor not a recommendation 
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Personally I only managed to grab 3000 shares and have 2 bagger already.
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Up 683%
Never held anything like this… Hard bit is knowing when to start selling (already sold the initial stake)…
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Just absolutely insane.
What’s everyones exit point then? I’m up 86% since yesterday morning… feels a bit toppy but just continues to rise…
It’s a really good question. My rough plan is to gradually sell down with every chunky rise now. Would like to keep some for when the US OTC listing comes through though…
I have set a stop loss order so if it starts to go south, I will book some profits
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This passed me by, a 10 bagger in a month!!! good luck to everyone whos in
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What would be a good price point to buy, I have some but wondering if I should extend my position.
Any suggestions? If it’s a good idea to go in at this stage ?
Many thanks.
https://uk.finance.yahoo.com/news/argo-blockchain-hargreaves-lansdown-investors-121343406.html
https://uk.finance.yahoo.com/news/bitcoin-price-boom-why-argo-114527993.html?guccounter=1
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When bitcoin start to crash
Bitcoin won’t crash, it’s on its way to 100k this year. Gold, silver, are both down because they are being replaced with the new standard - bitcoin.
ARB is an easy way to get some exposure to bitcoin for investors that want to avoid the transactions fees and nerd know how
Shrek when he sees the share price
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The miners seem to have high beta relative to the underlying asset prices. Probably because they get a multiplied gain long term from any increase in the cryptocurrency price.
I can’t say about crypto, but taking the example of a typical metal miner, for example investing in a silver miner compared to buying silver:
If the price of silver is at 10 Pounds (GBP) per unit of silver.
Assuming that the cost of extracting silver is 5 GBP per unit.
For the purpose of the comparison we assume:
-The average price of silver in a year doubles to 20 GBP
-The price of the miners shares is linear proportional (at a constant rate) to its profits
-We just look at one year of the companies income for simplicity and assume that the increase in the price of silver is indefinite for the foreseeable future
Investing in silver at 10 GBP, if the price doubles to 20 GBP you gain 10GBP, an increase of 100%.
Buying a miner, producing the same amount of silver the variation is the following:
Initially it has a profit of 10GBP (price per unit silver) - 5GBP (cost of extraction per unit silver) = 5 GBP per unit silver
After the silver price increase, its profit per unit is now: 20 GBP (new price of silver) - 5 GBP (cost per unit) = 15 GBP (increase of 200%)
So the miner makes a greater benefit from the doubling in the price than the silver itself.
Note: It’s a bit late, so the example is a bit jumbled up. Hopefully you get the idea 
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That makes sense to me! I think they also get the compound effect as well, with the assumption that cash within the business is more valuable than the equivalent cash outside of the business.
This article touches on that:
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