General Stock Ideas

[gfp927z]

Looking further at GBTC -


The main disadvantage of GBTC is the risk of its 70% premium evaporating if the new Bitcoin ETF is eventually given the green light by the SEC. However, the price of Bitcoin itself will almost certainly soar upon that news, so there's a built in buffer/hedge that will reduce the downside risk from the loss of premium - the rise in Bitcoin will offset the premium going down.

Anyway, this is the way I'll trade/own Bitcoin if I decide to take the plunge. An added benefit of GBTC is that you can use all the TA charting tools over on Stockcharts.com. You won't be able to own/trade Ethereum or the other cryptocurrencies using this approach, but at least you can trade Bitcoin.