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Bitcoin Fund Units Class A T.QBTC

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, purchased from reputable bitcoin trading platforms and OTC counterparties, in order to provide investors with an alternative to a direct investment in bitcoin.


TSX:QBTC - Post by User

Post by Lawyerupon Feb 24, 2021 6:40pm
220 Views
Post# 32653942

Greed & Fear alive and well on this Board

Greed & Fear alive and well on this BoardWe have people saying get out while you can and others saying buy before we hit new records.  Its surprising how all the armchair experts are here pushing their theories.  Bottom line bitcoin is a finite cryptocurrency that shows a long term trend to move higher.  Besides what our armchair experts say....Musk, banks, Sq, Paypal, Microstrategy and all the ETFs are buying a finite quantity of this cryptocurrency.  I would think Musk and all these companies would know what they are doing and do not anticipate bitcoin will crash.  What is interesting are the opportunites to add when negative media reports are released and opportunties to sell when the hype is at its highest.  This is the way I play bitcoin and ethereum ETFs.  Whatever we should not be listening to these armchair experts that seem to fill these boards.  Just my two cents, cheers Charlie.
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