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Non-Tech : GBTC: Bitcoin Investment Trust (Not an ETF) OTC:QX
GBTC 83.34-3.8%Oct 30 4:00 PM EDT

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To: Elroy who wrote (170)11/13/2020 1:19:31 PM
From: FIFO_kid2  Read Replies (1) of 270
 
GBTC I believe is doing well because the time bomb is ticking from the fear potential negative implications of the intended global reset which to me obviously is a plan for the elites to permanently cement their power. I upped my position to 7% from 2% three weeks ago on that report and of course regret I didn't take all of my cash position into it.

I saw that it was your largest position on the value investing site. It looks like we are the only 2 on the value site who hold cryptos.

Investing unfortunately has become a strategic political undertaking that grossly favoring companies that fit the elite agenda for quite some time and really has become a voting machine and will stay that way as long as money printing with zero rates continues and those stocks should remain stronger than value.

Value investing has been more of a mean reversion strategy since the recovery of the 2008 crisis until about (2010-2011 ) so it is just a mean reversion exercise from an oversold position on a company that is a perceived as an expendable melting ice cube.

I think the materials space may be the only value sector that may become a momentum sector however my fear/ concern is the current intentional failure to embrace a major uranium build out in the West and the fact it will require in my research a least a 10 fold supply increase of materials which would likely damage the planet coupled with the fact that historically most socialistic reforms restrict goods for the populace in order to control it I highly doubt the growth projections by analysts will pan out.

I think the premium on ETHE is currently too high for me but I did own it directly in a Coinbase account about a month after Modi confiscated large denomination cash in India in late 2016 which I thought would be a major catalyst which was proven correct and has been my best trade in the last 5 years.
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