I'm all out of GBTC, bitcoin and ethereum. I am slightly positive at the end of the day. Bought and sold a few times.
I think you are right that a few years may be golden, but I was just playing short term on this and need to build my vacation house now. I probably could have done better if I'd have been less greedy.
Not too sure but I do know that I'm up 150%. Already took out my initial investment so the rest is playing with gains. I have a little over 2 BTC that I'm holding long term. At least 2-3 years to see what happens.
I agree that it's gambling for most folks but then again, so is the traditional market if you're playing the market doing short term trades. I'm just going to listen to my son.
Even when the crypto market took this downturn, my son made another 100k... but then again, he's on another level when it comes to knowledge in this market.
Good news for everyone though is that the stock market is also doing great. My 403b is doing fantastic!
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