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!
![Sold all my BITO today and made a tidy profit!](https://sgsnsimg.moomoo.com/sns_client_feed/101651061/20240312/991e4a1205491caf142d848dd30f6585.jpg/big?area=101&is_public=true)
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
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
ZZZZakk :![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Mooncity :![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)