Bitcoin - the ETFs - PlayStocks

This topic has 15 replies, 6 voices, and was last updated 1 month ago by AlexGreat.

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- August 8, 2024 at 3:06 pm
- Quote
Goldenboy
Participant

Anyone trading these Bitcoin ETFs. Struthers has been making some picks. Here is a list of most of them

iSHARES BitcoinTrust (IBIT)

BITWISE BITCOIN ETF (BITB)

PROSHARES TRUST SHORT BITCOIN STRATEGY ETF (BITI) short

PROSHARES TRUST ULTRA BITCOIN (BITU) 2 times leverage

VOLATILITY SHARES TRUST 2X BITCOIN STRATEGY (BITX) 2 times leverage

COINSHARES VALKYRIE BITCOIN FUND (BRRR)

INVESCO GALAXY BITCOIN ETF (BTCO)

FRANKLIN TEMPLETON DIGITAL HLDGS TR BITCOIN (EZBC)

FIDELITY WISE ORIGIN BITCOIN FD SHARES (FBTC)

GRAYSCALE BITCOIN TRUST (GBTC ) this is a fund not an etf and has been trading several years

PROSHARES TRUST ULTRASHORT BITCOIN (SBIT) 2 times short leverage

Struthers has suggested BITI and SBIT for short trades. Than IBIT and BITX for long trades

Most of these ETFs are using Coinbase as the custodian. Beware that they are probably not buying any Bitcoin but all leveraging Coinbase’s Bitcoin holdings. It is a way to distract money from Bitcoin and the Banksters can make their profits with these ETFs

Viewing 11 reply threads

Replies

- - November 6, 2024 at 12:25 pm
  - Quote
  AlexGreat
  Participant
  
  Yup, I have sold too, nice gain. Next major move could be down
- - November 6, 2024 at 10:30 am
  - Quote
  Gambler
  Participant
  
  Made a huge gain with the BITU, nice call RonS.
  
  Lest call it the Trump Bump
- - October 3, 2024 at 8:27 pm
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  Gambler
  Participant
  
  Struthers short play on Bitcoin seeing some good gains
- - September 9, 2024 at 3:37 pm
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  RonS
  Keymaster
  
  So far so good on today’s buy. But have to get the timing right on the sell yet
  - September 9, 2024 at 3:44 pm
    
    Quote
    DearJohn
    Participant
    
    RonS, keep up the good trades, I have made some decent $$ for a few months. Bitcoin broke above $56k so lets see if it has some better legs
- - September 9, 2024 at 3:24 pm
  - Quote
  AlexGreat
  Participant
  
  Gambler, looks like, my average but is about $31.40
- - September 9, 2024 at 3:20 pm
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  Gambler
  Participant
  
  Looks like RonS made another good call at 11AM this morning to buy IBIT at $31.27. I got in at $31.35.
  
  IBIT now at $32.33
- - August 23, 2024 at 3:01 pm
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  DearJohn
  Participant
  
  Bitcoin over $63k today, should have waited longer to sell IBIT, but a profit is a profit I suppose
- - August 22, 2024 at 12:32 pm
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  Hoss
  Participant
  
  My first dabble here was that last trade and I did pretty well so will use proceeds for next one. I speculate the short side may be best next
  - September 9, 2024 at 3:29 pm
    
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    Gambler
    Participant
    
    Hoss, did you play the short side. Would have been perfect timing if you went short next day, the 23rd or even the following Monday.
- - August 22, 2024 at 10:38 am
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  Gambler
  Participant
  
  Made a nice profit on RonS last trade. I got a higher price, sold IBIT at $34.5
  - August 22, 2024 at 1:00 pm
    
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    AlexGreat
    Participant
    
    Hoss, good to see you back. I did very well on that last IBIT trade as well. Agree, that given the range, the short side might be best now
- - August 19, 2024 at 2:43 pm
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  AlexGreat
  Participant
  
  Bitcoin headed higher again. Looks like it should soon test $60k soon
- - August 8, 2024 at 4:16 pm
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  Goldenboy
  Participant
  
  Alex, yes I bought the IBIT, the next day and got it a bit cheaper, but yes nice mover today
- - August 8, 2024 at 4:00 pm
  - Quote
  AlexGreat
  Participant
  
  Thanks for starting a Topic GB. I have been trading them a bit. RonS last one to buy IBIT at $31.90 is working well so far. Strong up move today