Riding The Gravy Train: Buying Bitcon via GBTC

Riding The Gravy Train

Beating the market is fun and profitable. This is how we do it.

Thursday, October 25, 2018

Buying Bitcon via GBTC

We are not long-term bullish on the bitcon (as we refer to it), however there are typically major rallies during all bear markets.

A major rally may be due for the top cryptocurrency.

GBTC is the Greyscale Bitcoin Speculation Instrument.

Above $7.40 a 10-month down trend will be broken:

We'll buy GBTC if it crosses above $7.40 and will post a stop loss level if the position is opened.

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We receive no remuneration or incentive directly or indirectly in any way, shape, or form for buying or selling the positions we do, or for mentioning any positions or publicly traded companies in this blog. If we hold existing positions we divulge the fact. This blog is merely a diary of some of our thoughts and trades and is in no way whatsoever to be considered investment advice of any kind. Always without fail consult a competent, experienced, and honest broker or investment advisor before making any investment or speculative decisions.

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Riding The Gravy Train

Thursday, October 25, 2018

Buying Bitcon via GBTC

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