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RE: I Bought over $100k in Bitcoin today...
Why are you not buying directly? Is that because some US tax laws with retirement accounts?
I think we'll see 5k btc within 18months, the real question is if this was the last dip before the next peak.
At least with steem we're able to mine with our keyboards, so everyone can add to their investments!
I have some directly....but my crypto portfolio isn't that high in value. I bought via GBTC because it's through my retirement account, so no tax and have much more money in there to play with.
Makes sense, just finished reading your post about gbtc. No tax sound nice, should be worth the premiums long term I guess.
Premium should go to 0 in the long long term once ETFs and other investment vehicles get approved. It's high right now because of low or no competition.