langdj wrote: ↑Tue May 04, 2021 8:22 pm
GBTC hit its buy point which inspired me to buy RIOT instead (a BTC miner which tends to follow BTC price). It is more volatile and I have had a lot of luck swing trading MARA / RIOT. We shall see
Yeh, I use HIVE.VN (HVBTF in the U.S.) in the same way . . . a crypto. miner with 1st mover advantage, FWIW. Also happens to hold both BTC and ether on its balance sheets. The CEO Frank Holmes is a very likable guy, also FWIW.
Full disclosure: also hold GBTC, ETHE, COIN.
The analogies aren't perfect by any means, but these filters have worked for me, thus far:
BTC = gold, physical bullion;
GBTC = something like GLD;
ETHE = something like SLV;
COIN = something like FNV;
HVBTF = something like MTA (Metalla Royalty and Streaming);