A huge advantage to holding the bitcoin fund GBTC is that you don’t have to search for how to sell bitcoins as you can sell out of the digital currency using your brokerage account like any other trade.
How To Sell Bitcoins Like I Just Did
I closed out of my long GBTC trade today for an incredible 40% profit in about one week. I made thousands of dollars on the trade. Buying and selling out of GBTC has been my best trade in more than 2 years.
I didn’t have to do a google search for how to sell bitcoins and then join an exchange and find a buyer for my bitcoins. I just executed a sell order and I’m out. Folks, you have to think how easily you can get out of a digital currency before you consider buying it.
What made me sell?
The mainstream media got into my head folks. Forbes published an article that really answered all the deeper questions I had been searching days for. You can read the article here: https://www.forbes.com/sites/laurashin/2017/06/07/bitcoin-is-at-an-all-time-high-but-is-it-about-to-self-destruct/#33ffba14cb31
Bitcoin transactions are taking days to process and the fees per transaction are way too high because of disagreements between miners and developers. Google search volume for how to sell bitcoins is rising rapidly. Bitcoin is in a lot of trouble structurally which is why Ethereum has taken off. One of the most undeniable truths mentioned in the article is: If bitcoin was executing on all cylinders two years ago and meeting the demands of all its constituents, would we have these other coins at all? Bitcoin had all the market share. Today it doesn’t.