GBTC easiest way to trade. Wish I'd jumped in around 2012. I'd buy this place and ban hammer a few. 😂If you know, you know.
Does it allow fractional share, trade in realtime , stop losses and margins?GBTC easiest way to trade. Wish I'd jumped in around 2012. I'd buy this place and ban hammer a few. 😂
It's trading around $50 a unit now. I have not dabbled in it. It's OTC, so not sure what restrictions there are. Sorry I don't know more.Does it allow fractional share, trade in realtime , stop losses and margins?
If margin at what factor?
I was watching it online for a little while in realtime. Need to find that site again. It accordioned for hours. Looked like it might be a good day trade option. I am currently doing a little studying on day trading.It's trading around $50 a unit now. I have not dabbled in it. It's OTC, so not sure what restrictions there are. Sorry I don't know more.
There are an awful lot of people calling for BTC to hit $100k by the end of the year. I think we're almost at a tipping point where the mainstream is about to find out about BTC and that should drive interest and price up for all crypto but especially bitcoin.What do you guys think about Tether? Specifically how they only do attestations and not full audits, and the company itself is run by a bunch of shady types. They've also been fined by NY Attorney General. The Bitcoin bears say Tethers, which are not backed by anything, are printed out of thin air and then used to buy Bitcoin, this unnaturally inflating Bitcoin's price. I have a decent chunk of change in Bitcoin and not sure whether to keep on hodling or not.
All I know is that I have passed on every single investment that I ever seriously considered, all would have been successful and a couple would have made me a multi-millionaire.What do you guys think about Tether? Specifically how they only do attestations and not full audits, and the company itself is run by a bunch of shady types. They've also been fined by NY Attorney General. The Bitcoin bears say Tethers, which are not backed by anything, are printed out of thin air and then used to buy Bitcoin, this unnaturally inflating Bitcoin's price. I have a decent chunk of change in Bitcoin and not sure whether to keep on hodling or not.
I just looked at GBTC in my Ameritrade account. You can buy/sell realtime, it allows for stop losses. Margin would depend on your personal situation, your account settings, your balance in your cash and equity account, etc. You'll need at least 25K of cash or equity in your trading account to day trade more 3 round trips in a week. There are no options (calls or puts) for this security.Does it allow fractional share, trade in realtime , stop losses and margins?
If margin at what factor?
Isn't that how liberalism works?BTW a followup to this thread, if you want to learn about cryptocurrency and really the future, check out Naval:
There are some people who explain the complex in simple terms. Then there are some people who connect the dots for you and unluck higher learning. Then there are rare thinkers like Naval who show you the dots that you never saw, and connect them for you.
BTW as I've been immersing myself in understanding the blockchain, crypto, and decentralized networks, what I'm noticing is a lot of the biggest proponents are liberals, who are starting to act like conservatives. Whether they realize it or not. I think what's happening is you have a lot of tech-minded kids who have grown up in the Silicon Valley area, who have always had liberalism pushed on them. So they regurgitate the teachings and talking points.
But when it comes to the tech around crypto and blockchain, they are unwittingly espousing the conservative POV. Less regulation, more control for the builders vs the government, They proudly proclaim that crypto will destroy financial institutions, and all the corruption that goes along with it.
These are very smart young people who are building this stuff hands on, and in the process they are seeing that their liberal ideals that their parents pushed on them are breaking before real-world realities.
Fun stuff to see.
We'll see how it goes. If Bitcoin works, then it will effectively replace the traditional financial system, and all the corruption it facilitates. The people pushing bitcoin are fully aware of this and see this as the goal.Isn't that how liberalism works?
They are duped into tearing down a system of structure and authority. The rebuild new systems that are meant to solve the problems of the old one, but once those new systems are implemented and grow they look as bad or worse than the systems they replaced.