TSX:QETH.UN - Post by User
Comment by
RobiTraderon Apr 30, 2021 8:36am
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Post# 33099854
RE:RE:RE:RE:Relax and get positioned, Info on NAV
RE:RE:RE:RE:Relax and get positioned, Info on NAVFinally some logical points being made on this board - and what I've been saying all along. This was the first Ethereum fund and because of that everybody got excited and were buying it despite the fund trading at a 20% premium to the NAV. Now it's swung the other way and these 'investors' don't have a clue what's going on. Go to the website, look at the chart that plots NAV vs. share price and you will see what has happened. If you think Ethereum is going to go higher, buy this and wait. If you don't have that kind of patience go to Coinbase, hold it outside of your TFSA and pay the tax. So far I'm happy with the 250% gain in my TFSA and the potential of the 13 or whatever percent discount the price is trading at today.