Grayscale Bitcoin Trust (GBTC)

[mact3333]

1. anyone know when Grayscale will distribute the gold part of the dividend.??

2. there are only a few days over the past 5 months I haven't owned GBTC but the date of record for the dividend was one of them so I screwed myself out of a lot of money it would appear. At least I have been long for the most part since GBTC 400.00.

3. lets be clear, unless you are a newby, we have seen these patterns before. We are lucky to have found a sector that is playing the 10-20 bagger game. It is tricky to fully capitalize on this. But moist of the time it ends up badly in the end. Bitcoin might be different as mainstream america just starting to hear about it and use it.

Once you see people calling for 100K-1M for bitcoin you know the top is in...also watch out for your neighbor selling stuff to be crypto trader and esp watch out for bitcoin making the cover of USA today or NY Times on the cover...these are all the social signs of a top. Ive seen it in internets stocks, real estate, and etc. Right now I am seeing everyone saying it a bubble and a crash will happen, so you it won't happen yet.

4. like the sun coming up from the east, the ones who own GBTC will justify its price and will have a great time while running up. The ones who dont own it will use logic and past experiences to down play it cause they want in at lower price. Then the shorts will come in and try to drive it down for profits. Humans are very predictable animals, rinse and repeat.

5. I, admittedly would be up huge, if I would have just kept my original 200 shares from 400.00 . But cant complain. I have held onto my modest core shares and will continue to do so unless it cant hold my stop price.

Yes we are going higher, but I do sense we are close to a ST or IT top this week. Once BTC hits 20K I am expecting a pullback, and when GBTC pulls back I will be adding more shares. I am expecting to see sharp pullback followed by a month of descending wedge pattern of consolidation before the next big run up, I will try to add there. This pattern has played out several times already for GBTC.