BitcoinToday for a couple hours the thought flitted through my mind that I should sell some EDV and buy Bitcoin! Now if that isn't a contrarian indicator I don't know what is. Like in 1979 when gold was spiking up , and secretaries in N America, and elsewhere perhaps, were lined up at the gold shops during their lunch breaks buying gold. That ended badly when gold peaked in January 1980, and then fell ,more or less, for 20 years. So the new saying was: 'When the secretaries are buying, it is time to be sell". (just to be correct secretaries can be male or female so that isn't necesarily sexist) So if I am thinking ( actually I quickly came to my senses) , that if I am buying , selling is something to consider. I read a couple days ago that a new Canadian ETF , on the TSX will start selling paper Bitcoin. First in the world. So that will make it very easy to get your gambling fix. I read today that Nigeria was added to the list of countries banning Bitcoin in all forms. India had already officially done that, as have a number of other countries. The big question is what China does. So be careful.
It is just very hard to sit here and nothing happens. I love the adrenalin rush of the share price screaming higher. Next time it does I am going to make sure I realy really enjoy it.