GBTC ... this is another one of the "Know what you own" kinda
thing ... if you want to play the crypto space and
BTC in particular, better play it with the real thing that this
screwed up fund with a crazy a$$ premium on it that trades on the
OTC to boot ... just sayin' ... and even
more so considering BTC trades 24/7 .... you can be in for quite a
gap if there's big overnight action or over a weekend ...
HUGE risk IMHO ... crypto can move fast ... faster than VIX
sometimes ... lol
mla - GBTC was simply a trade setup and it worked very nice.
Not many members trade Bitcoin (and the exchanges suck
anyway) so this was a way to make a few bucks. However, you
are absolutely correct about the premium on GBTC and thanks for the
post
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GBTC Updated View
Posted by steve on 7th of Feb 2018 at 09:33 am
GBTC - Chart Link - decent follow through as discussed last night
GBTC tags its 9 day
Posted by steve on 7th of Feb 2018 at 10:07 am
GBTC tags its 9 day EMA..trim and trail stop
GBTC ... this is another
Posted by mla127 on 7th of Feb 2018 at 09:42 am
GBTC ... this is another one of the "Know what you own" kinda thing ... if you want to play the crypto space and BTC in particular, better play it with the real thing that this screwed up fund with a crazy a$$ premium on it that trades on the OTC to boot ... just sayin' ... and even more so considering BTC trades 24/7 .... you can be in for quite a gap if there's big overnight action or over a weekend ... HUGE risk IMHO ... crypto can move fast ... faster than VIX sometimes ... lol
mla - GBTC was simply
Posted by steve on 7th of Feb 2018 at 09:50 am
mla - GBTC was simply a trade setup and it worked very nice. Not many members trade Bitcoin (and the exchanges suck anyway) so this was a way to make a few bucks. However, you are absolutely correct about the premium on GBTC and thanks for the post