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re: Official CryptoTalk Thread
Posted on 4/13/24 at 7:55 pm to 98eagle
Posted on 4/13/24 at 7:55 pm to 98eagle
I'm buying BTFX on Monday as long as Bitcoin is under $67K. I just hope Hong Kong doesn't make their Spot ETF announcement before the US market opens Monday morning. Best thing that could happen is that Bitcoin is still depressed due to the Iran news and is in the $60K -$65K range in time to buy BTFX (or BITX). Then have the Hong Kong announcement. Then Bitcoin shoots up to over $70K. I will sell BTFX by then. Then if a decent pullback happens right after the halving, I will jump back into BTFX again and then sell again after the recovery and buy BITO hopefully just before the ex-dividend date.
That's the trifecta play that I have on my mind. It's a reasonable possibility that could play out.
That's the trifecta play that I have on my mind. It's a reasonable possibility that could play out.
This post was edited on 4/13/24 at 8:04 pm
1
Posted on 4/13/24 at 9:15 pm to 98eagle
Bottomland Capital Deployment [on]off
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