You are viewing a single comment's thread from:
RE: Don't Touch The Bitcoin Investment Trust (GBTC), Even With A 10 Ft Pole
Totally agree with you here! The premium demonstrates the demand and speculation of the asset class in general. Many investors trying to get in without being exposed to the technology aspects of the asset like wallets and security. The other concern os that liquidity could be questionable and highly uncertain if something fundamentally changes. Great post!
Thanks @Newageinv and agree, although I indirectly talk about the lack of liquidity, you point out another major red flag because people who are in and want out, may not be able to get out, at least not at their preferred selling price.