Replies to post #10446 on Grayscale Bitcoin Trust (GBTC)

[OrizG]

1. Losses erode your buying power so now you have to be incredibly good to make way better trades to try to get back on track.

2. You can't even claim losses because buying the same security you're clearly breaking the Wash Sale rule.

3. Investing 101: Buy low and sell high. You bought high and sold low.

[LifeStyleLegendary]

Terrible investment strategy

[Dennisb68]

But you don't always profit above the initial loss and to just assume that one will would be a foolish way to invest IMO.