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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TSX:QBTC - Post Discussion

Bitcoin Fund Units Class A > Let's enjoy another day of good decision...:)

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Post by CriticalMind55 on Dec 30, 2020 9:10am

Let's enjoy another day of good decision...:)

I wonder what will happen when Bitcoin breaks through 30K... I will regret for not buying much more than I have done so far...

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Comment by blade86ca on Dec 30, 2020 8:12pm

I have the Same regret TBH but I am anticipating onces Volume increases in Jan, this should see a correction. I am waiting for correction before I add more. Chasing it up now never has ended well for me. 30K maybe a mental resistance for traders. I think question is how does it trade when it hits 30K

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Comment by CriticalMind55 on Dec 30, 2020 8:59pm

I will be freeing up cash by selling 25% of the vanilla stocks in my portfolio, but I also see a possibility that this might keep going up to $200/unit and be split to 9 to 1 to match the initial IPO price of $22/unit; this way we will all have more shares and a board lot will be cheaper for the next run...

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