Grayscale Bitcoin Trust (GBTC)

[Tenured]

We should temper our expectations and emotions here. This is going to take time. When this stock hit the market it took a long time before it got up into the hundred and thousands.

I think some people think gbtc will simple shoot back up and retrace it's precious path. If we don't have the right expectations, people will be greatly disappointed and panic and ten sell before they have a chance to earn some really good returns.

Keep in mind that gbtc is simple meant to provide the same "returns" as bitcoin. It will go as bitcoin goes. Bitcoin is predicted to go $60k. That's gonna take time if that happens. We need to be patient. Gbtc is stable and slowing increasing today. That's a great sign in my book. I know some expected his to crash or fall.

Remember a steady slow drip of water still fills the bathtub!

Patience and understanding how this process will go is what's needed. Be ready to hold this stock for months not days. You'll be rewarded.