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tothemoon100x

02/15/18 3:33 PM

#11741 RE: QX4 #11733

Let's be clear. GBTC is a very risky investment. Some think paying a premium is worth the risk, and some don't. Personally, I always wait for it to come down to 10-30% before buying, and sell when it's over 70-80%. But, other factors come into play, mainly sentiment and where I believe btc price will go. Again, I'm a trader of gbtc and not a LT holder. Long term holders have much more risk than LT btc holders imo. People here can learn a lot from reading the gbtc quarterly financial statements, and other info provide by Grayscale. I would never buy gbtc at a high premium for a LT hold. But hey, that's just me.

eeprincipal

02/15/18 3:36 PM

#11742 RE: QX4 #11733

I agree! Thanks for your post.
Crazy good times ahead for $BTC and $GBTC.

$GBTC