OTCQX:GTBAF - Post by User
Comment by
lumpy13on Feb 08, 2021 8:06pm
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Post# 32508421
RE:RE:RE:RE:RE:Should Crypto be banned ?
RE:RE:RE:RE:RE:Should Crypto be banned ? My biggest position is Bitcoin (around 15% of my portfolio). Have sold 1/6 and taken 60-70% of my principal off the table. What's left is around a 5x.
Also have smaller positions of Ethereum and, via a recommendation a month ago, Compound. In both cases, have sold roughly 1/3 of my positions, returned my principal and now riding the winnings.
I started recommending BTC on some of these mining boards in November at around $17/18k. Right now, it's $46.7k. If you follow the market, the price estimate for yearend is around $100k. I know, sounds outrageous but I'm enjoying the ride.
People keep saying cryptos will be outlawed. Highly unlikely as more and more institutional players are buying in. Just finished a few youtubes where the recommendation is still to buy in, if you haven't. I doubt many of you will, but so it goes.