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Showell914
Jun 1, 2018 2:10 PM

$GBTC - Trade Update - Long @ 12.06 Long

Description

Adding to Bitcoin Inv Trust.
willing to buy lower so as to not have to buy higher...
Comments
NewYork888
p.s. Ours is a long term position not a day/swing trade
jschneller692
@london55555, The only 2 ideas coming to mind is that you are long term bearish on BTC and I noticed ETH after seeing one of your other post just a minute ago. The other thought was maybe it is how GBTC operates financially as a whole.
NewYork888
Good luck but we couldn't disagree more with this trade. GBTC is a lethal product and we've been short as posted here from $20.
jschneller692
@london55555, you have consistently bearish on this name since I have been on Tradingview and even way before that. My question is.... WHY so bearish? I swing trade with it and sometimes will hold is consistently for over a month because of me purchasing too high for example. Any words of wisdom or some sort of insight would be appreciated. I know it's not financial advise. Just trader to trader talk.

Thank you,

Johnathan S
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