Your welcome. The one "advantage" the Over teh Counter (OTC) traded GBTC offers over actual bitcoin is that you can get in and out within 5 seconds. Most will still make mistakes trading it because when trade volumes are low the bid/asked spread is wide. But still...even if you screw up it's "nice" to know you can be out in 5 seconds even if you "panic" out during a selling wave. Noooobody will promise that with "actual" Bitcoin. :-) My results have been very good trading both GBTC and "actual" bitcoin simply by tracking this single indicator for overall sentiment. I doubt you will get hurt trading bitcoin if you follow me. :-) The other blogger gave a much better overview of GBTC itself so at least go check that. I'll post the link to you in a minute.
Here you go. Don't upvote me, upvote this fellow. More people will listen to him than me and by getting the word out it means more people (who even wish to trade bitcoin) can see an alternative way to do it. I think it's safer. I began trading it here wiht a "mythical" $1000 starting account. I could blow that up in 1 afternoon if I was the "ave" bitcoin trader.
Your welcome. The one "advantage" the Over teh Counter (OTC) traded GBTC offers over actual bitcoin is that you can get in and out within 5 seconds. Most will still make mistakes trading it because when trade volumes are low the bid/asked spread is wide. But still...even if you screw up it's "nice" to know you can be out in 5 seconds even if you "panic" out during a selling wave. Noooobody will promise that with "actual" Bitcoin. :-) My results have been very good trading both GBTC and "actual" bitcoin simply by tracking this single indicator for overall sentiment. I doubt you will get hurt trading bitcoin if you follow me. :-) The other blogger gave a much better overview of GBTC itself so at least go check that. I'll post the link to you in a minute.
Here you go. Don't upvote me, upvote this fellow. More people will listen to him than me and by getting the word out it means more people (who even wish to trade bitcoin) can see an alternative way to do it. I think it's safer. I began trading it here wiht a "mythical" $1000 starting account. I could blow that up in 1 afternoon if I was the "ave" bitcoin trader.
https://steemit.com/bitcoin/@unknowncrypto/while-the-whole-world-is-waiting-for-a-bitcoin-etf-one-is-already-available#@joejustjoe/re-unknowncrypto-while-the-whole-world-is-waiting-for-a-bitcoin-etf-one-is-already-available-20170609t143053231z