Bullboard - Stock Discussion Forum Bitcoin Fund Units Class A T.QBTC

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The Bitcoin Fund (the Fund) is a Canada-based closed-ended investment fund. The investment objectives of the Fund are to seek to provide unitholders of the Fund with exposure to the digital asset bitcoin (bitcoin) and the daily price movements of the United States dollar price of bitcoin, and the opportunity for long-term capital appreciation. The Fund invests in long-term holdings of bitcoin... see more

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Bitcoin Fund Units Class A > Embrace yourselves for bloodshed today...

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Post by CriticalMind55 on Jan 11, 2021 9:30am

Embrace yourselves for bloodshed today...

Which option would you go with,

1) Sit still and wait for the winds of Bitcoin persecutions pass today...

2) Dollar cost average.

3) Sell all

There is a chance that this is to shake out the weak hands for the next jump to over 45K...

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Comment by SmiteWorx on Jan 11, 2021 10:08am

I continue to monitor. But so far I am option 1) I am hoping most of the damage has already been done when we cant trade anyways. I am not sure this is quite a shakeout, what I read suggests some profit taking by miners. But I do expect the big players have made sure to have there fingers on the buy button as it has been dropping. It is starting to feel like it may have hit a bottom. But for ...more

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Comment by Welland on Jan 11, 2021 11:58am

I sold my small position today at $55.61. I made a nice profit, but I was only in for the ride. Since there are many other BitCoin investors who are not true beleivers, QBTC will continue to tank (:

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Comment by Skeltic on Jan 11, 2021 12:23pm

Very certain this is a bottom. So..... All aboard!! I am not a professional advisor so anything I say is for entertainment and education........ I was on a Podcast on Friday Going off on how everyone should buy BTC. Serves me right

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Bitcoin Fund Units Class A