Real money. Money back by the good faith of people in our government is real.
Joe Biden , Nancy Pelosi, Adam Schiff they ensure the value of our dollar!
Grayscale’s bitcoin trust (GBTC) ‘ had their largest trade of all time today. I wouldn’t be surprised if btc drops, sell high etc, etc. Or there is no gravity and to the moon.
“While crypto has been classified as a commodity, it’s an immature asset class that has little history, no inherent economic value, no cash flow, and can create havoc within a portfolio,” Vanguard’s global head of ETF Capital Markets.”
Correct answer.
WOO HOOO ...that's the truth ...
I had a blast the last couple days with IBIT
It's a wild ride when your dragging trailers up an down the board ... memories of the good old days ..
my in is 35 now with a reduced position ... ... ended up being the play , It's more like work then I'm used to ,so I'll probably just build a position and wait for options.
I bet I had forty lines on my card today ..
I'm still learning this one ... a learning curve... I think I'm the guy that bought some at 36.87 (or close to that) but I have humped it and stayed close ..it's 35.11 now
On the fundamental side ..Other then a “swan” ... I am not seeing anything that will stop the upward momentum over time .... but it looks like a lot of track for an every day ride.
I'm sure I'll be focused on the Qtrain tomorrow ..
But I'll be keeping an eye on IBIT
Thanks for all the info here
Which is why crypto is a thing in the first place.