Bitcoin Investment Trust

GBTC-OTC

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about GBTC-OTC

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
January 21, 2020
Had a huge sell-off at end-2018 and last year couldn't hold onto $15,000. Doesn't see much positive going forward. That past peak in late-2018 will discourage investors from buying.
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Had a huge sell-off at end-2018 and last year couldn't hold onto $15,000. Doesn't see much positive going forward. That past peak in late-2018 will discourage investors from buying.
SPECULATIVE BUY
SPECULATIVE BUY
October 28, 2019
It's had a challenging year. This is a concept stock. You can put 1-2% of your portfolio in Bitcoin, definitely not part of a retirement plan nor a core asset. It's money you won't be upset about it if the stock goes down.
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It's had a challenging year. This is a concept stock. You can put 1-2% of your portfolio in Bitcoin, definitely not part of a retirement plan nor a core asset. It's money you won't be upset about it if the stock goes down.
DON'T BUY
DON'T BUY
June 26, 2019
No one has ever explained Bitcoin to him. Why has it taken off like this? Says Warren Buffet: don't understand it, don't buy it. Why get paid in something that fluctuates so much? It's a pure speculation, but he doesn't know if it will keep going up or not.
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No one has ever explained Bitcoin to him. Why has it taken off like this? Says Warren Buffet: don't understand it, don't buy it. Why get paid in something that fluctuates so much? It's a pure speculation, but he doesn't know if it will keep going up or not.
COMMENT
COMMENT
April 24, 2019
He has no participation in the space. He lacks knowledge in the area but anything that has been destroyed as much as Bitcoin has is of interest to him. He has to pay attention as a portfolio management. It has been bombed.
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He has no participation in the space. He lacks knowledge in the area but anything that has been destroyed as much as Bitcoin has is of interest to him. He has to pay attention as a portfolio management. It has been bombed.
DON'T BUY
DON'T BUY
March 19, 2019
Bitcoin has outperformed the price of gold since 2015, even after falling from its 2017 all-time high. Don't be emotional about investing. Have a thematic approach and be neutral. Be Zen towards the market. Use your system and not emotion. Bitcoin is in a downtrend since late-2017. He needs this to move out of this downtrend and show an upward move.
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Bitcoin has outperformed the price of gold since 2015, even after falling from its 2017 all-time high. Don't be emotional about investing. Have a thematic approach and be neutral. Be Zen towards the market. Use your system and not emotion. Bitcoin is in a downtrend since late-2017. He needs this to move out of this downtrend and show an upward move.
COMMENT
COMMENT
February 5, 2019
News that the owner of a crypto exchange died and took the password to $190 million of cryptos with him. It's not the first issue in this space. Last year, there were similar problems in Asia with fraud or people losing the password. Generally, he sees how cryptos are useful in some cases, namely developing nations, but in a developed country with perfectly good banking, it raises the question of why tie up a lot of money in a crypto apart from speculating?
Show full opinionHide full opinion
News that the owner of a crypto exchange died and took the password to $190 million of cryptos with him. It's not the first issue in this space. Last year, there were similar problems in Asia with fraud or people losing the password. Generally, he sees how cryptos are useful in some cases, namely developing nations, but in a developed country with perfectly good banking, it raises the question of why tie up a lot of money in a crypto apart from speculating?
DON'T BUY
DON'T BUY
January 8, 2019
Blockchain is interesting and has many applications such as insurance. But currency has to be controlled, like a central bank. Yes, you can transfer wealth using Bitcoin, but what's to stop someone from hacking this. Control? This doesn't make a profit. He doesn't see this becoming a mainstream currency until a central bank controls it. Otherwise it remains a pseudo-currency.
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Blockchain is interesting and has many applications such as insurance. But currency has to be controlled, like a central bank. Yes, you can transfer wealth using Bitcoin, but what's to stop someone from hacking this. Control? This doesn't make a profit. He doesn't see this becoming a mainstream currency until a central bank controls it. Otherwise it remains a pseudo-currency.
DON'T BUY
DON'T BUY
December 4, 2017

BitCoin. The rise has been unbelievable. The primary concern right now is that it is unregulated. He is concerned about how regulation could affect it. He can’t see the central banks sitting back and doing nothing. Block Chain technology ad BicCoin are two different things. Block Chain is a way for people to make transactions.

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BitCoin. The rise has been unbelievable. The primary concern right now is that it is unregulated. He is concerned about how regulation could affect it. He can’t see the central banks sitting back and doing nothing. Block Chain technology ad BicCoin are two different things. Block Chain is a way for people to make transactions.

SPECULATIVE BUY
SPECULATIVE BUY
November 23, 2017

BitCoin Stocks. The investment fund is not an ETF. They are closed end funds. There are no ETFs that hold BitCoins. GBTC-N has pretty high premiums to BitCoin. It is very, very risky. He would wait for an actual ETF. Futures in the currency are coming out shortly and could inspire more ETFs.

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BitCoin Stocks. The investment fund is not an ETF. They are closed end funds. There are no ETFs that hold BitCoins. GBTC-N has pretty high premiums to BitCoin. It is very, very risky. He would wait for an actual ETF. Futures in the currency are coming out shortly and could inspire more ETFs.

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Bitcoin Investment Trust(GBTC-OTC) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 3

Stockchase rating for Bitcoin Investment Trust is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Bitcoin Investment Trust(GBTC-OTC) Frequently Asked Questions

What is Bitcoin Investment Trust stock symbol?

Bitcoin Investment Trust is a OTC stock, trading under the symbol GBTC-OTC on the (). It is usually referred to as or GBTC-OTC

Is Bitcoin Investment Trust a buy or a sell?

In the last year, 3 stock analysts published opinions about GBTC-OTC. 1 analyst recommended to BUY the stock. 2 analyst recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Bitcoin Investment Trust.

Is Bitcoin Investment Trust a good investment or a top pick?

Bitcoin Investment Trust was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Bitcoin Investment Trust.

Why is Bitcoin Investment Trust stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Bitcoin Investment Trust worth watching?

3 stock analysts on Stockchase covered Bitcoin Investment Trust In the last year. It is a trending stock that is worth watching.

What is Bitcoin Investment Trust stock price?

On , Bitcoin Investment Trust (GBTC-OTC) stock closed at a price of $.