Sold all my BITO today and made a tidy profit!
I finally sold all my BITO which are Bitcoin ETFs that were launched some time ago. I actually held on to a big loss and this recently turned so profitable cos of the Bitcoin bull run.
Moving forwards I won’t buy BITO and will directly buy into the Bitcoin ETFs when the time is ripe!
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Bunny GOAT : Mind explaining the reason for the decision?
Nemesis Lee OP Bunny GOAT : Buying the ETFs directly tracks the underlying Bitcoin price more accurately
Powdahound : Congrats. Looks like you made out pretty well!!
And there is a monthly dividend. How long have you held? & what did you initially invest?
Nemesis Lee OP Powdahound : Yes you are right… my monthly dividends also paid out about $20k USD
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