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The Grayscale trusts are crushing it and they're just getting started
If prices hit the forecasted projections I could be up close to 1Million in profit by 2025 These should have been bought in the bear market around March 1 2023 to maximize profit. Now I see how the 4 year cycle runs. Bitcoin halving is 3 weeks away. Bitcoin Cash halving is somewhere around 4/6 I think. Notably LTCN and BCHG . Actually BCHG is up over 4000% since 3/1/23 sitting at $16 and has a PT of $100 plus ZCASH hasn't blasted off yet. ZCASH ranks #14 on the list of 15 trusts and is up 377% since 3/1/23. That's right , 13 funds are ahead of that pace. |
This is where the moneys at
<iframe width="560" height="315" src="https://www.youtube.com/embed/grVtgZOwf_Y?si=Sy-KVzXzNC-jg0Hv" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe> |
So if I had just invested $10K when this thread started it would be worth $175,000,000.
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It doesn’t but you are right and I know that deep down. Especially me. I’m such a safe little bitch. I would have sold the instant my investment tripled and been kicking myself even worse than I am now. |
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I don’t get Bitcoin at all but it makes me very happy knowing there are people who had the foresight to buy in early. |
This guy right here built a successful business and became a millionaire, then he got into Crypto and the Grayscale trusts. He expects to be worth over 1 Billion a the end of the current bull run. The mansion you see in the background was bought solely from profits from LTCN during the last bull run.
Here he gives some good advice about handling bank accounts and your big money. <iframe width="560" height="315" src="https://www.youtube.com/embed/UcXkpsEIYrs?si=ZcRUym9MdpJg_E_B" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe> |
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Only 900 Bitcoin are produced daily (450 after the halving). Blackrock and the other ETFs are buying 12K per day. There simply isn't enough supply. Thus the parabolic price increase. |
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While this has been known, it looks like GBTC has still been going up. |
IBIT is the fastest growing ETF in history.
-- Larry Fink They started a Gold ETF years ago. It took 15 years to reach what the Bitcoin ETFs did in a month. These ETFs are game changers because people that know nothing can buy the ETFs. IBIT and Vanguard are buying $1B PER DAY. That said, get the real stuff instead of the ETF. My 2 cents. |
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