Thread: Money Bitcoin Take?
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Old 02-01-2018, 03:06 PM   #1373
FD FD is offline
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Join Date: Dec 2006
Location: Indiana
Casino cash: $9372813
Quote:
Originally Posted by wutamess View Post
I don't know how it'll all play out but I'm noticing that they all seem to rise and fall around the same mean of BTC.

I'm 70% GBTC. 25% Alts, 5% ETH.

Got tired of putting money into Coinbase, etc. Process takes too long.
May do it once Robinhood allows for BTC trading.
Just be careful with GBTC. It's constructed with a series of accounting fictions and nobody knows how they will hold up. A bunch of people pulling out at once, which would cause a 20-30% drop in a normal asset, could cause it to fold completely and be worth zero.
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