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Old 12-18-2017, 05:35 PM   #31
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Join Date: May 2001
Posts: 8,280
GBTC today....
764.00 28.31%

So if I did not buy in on 9/1/17 when it was trading around 800, what would make me buy in when it goes up almost 800 in a day? Opportunity lost? Absolutely. Not going to say that it doesn't bother me a little bit, but there is nothing in the story that is any more compelling now than there was back then. Besides, I would have already been long out of it having taken a profit anyway. No way I could even consider establishing an initial position at this level...

Of course if it is at 10k in March I will be kicking myself a little bit, but I can only act with the information I have in front of me now.

“Americans have the right and advantage of being armed, unlike the people of other countries, whose leaders are afraid to trust them with arms.” – James Madison.
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