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Re: None

Monday, 08/03/2020 4:51:06 PM

Monday, August 03, 2020 4:51:06 PM

Post# of 272
This is closing nicely above its 50 and 200 MA's. Hard to believe this was all of 6-7 bucks a few days ago! Or is it too hard? Have I been here before? Story to follow..

This "BULL" market in Crypto is still just a "CALF" in my opinion.

I think earlier sentiments on this board are correct. In paraphrasing:

This type of fund is the only way that institutional managers can get access to Crypto. There is so much money available to flood into this space that a few hundred dollars is easy.

I was in GBTC in 2017 bull market. This was before the 91 - 1 split. Sure I only had like 30 shares that I bought around $190 (holding my breath and my nose!)

I totally thought I was crazy for buying a stock so high and should be examined! I liked cryptos and thought it may do a little something, but what happened the following 3 months was beyond anything I had ever dreamed. I took some profits along the way thinking we had to be at the top every big run, but in the end? I sold my last 14 GBTC for about $2500 each give or take.

By far THEE most lucrative trade I ever made on one stock in such a short time. It was like I found a money spigot..for a few months!! Naturally, the only thing I regret is not transferring every dime I owned to my trading account and buying every GBTC I could get my hands on. Oh hindsight?

I am a prudent man and still would not put all my eggs in one basket, but I am certainly taking a solid core position here! I think GDLC is the next GBTC in is potency in capturing the movement of all the tops cryptos.

True story here folks. If I really had to I could guess I dig up the trades as proof, but believe me or not. However, you can simply look at the stock history and know that it did do this.

I have been looking for that next GBTC type play in this coming Bull run in cryptos and I think I found it in GDLC. Multi hundreds of dollars, then thousands.

All IMO based on real experience. History does not repeat itself, but it rhymes!

Mark it. $20 will be a steal by year end! $6 was a steal 3 days ago.. Hmmmmm
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