- Joined
- May 14, 2002
- Posts
- 87,331
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Yeah I was kicking myself I nearly bought it about $180 a share but I was concerned about how volatile it was. I could have in theory made 10X on it in about 9 months, but in reality I would have NEVER held it long enough it's just so volatile it scares the crap out of you.
I've seen days where it opens up 8% and closes down 12% for no apparent reason, it doesn't actually trade hand in hand with bitcoin. There are some guys on Reddit who assuming they made the actual trades they said they did, made a killing on it, but even they were openly admitting how scared they were of the volatility.
GBTC up 422 bucks today to over 2200, that's 22%.
I have to admit it's hard not to feel bad for not getting in on something like this but the volatility is so crazy. in just the last few days I could have made about 40%