for the Canadians out there looking for a pure BTC product listed on the TSX -- btcg.un (using USD, btcg.u ). Good liquidity , decent spreads (eligible for rrsp and resp, lol)
of course, trading it Vs trading btc at a crypto exchange has its disadvantages-- this fucker can gap up or down HUGE depending on what btc does overnight/over the weekend. So i'd keep on eye this chart;
(click 1 D, far right 'wodescreen')...caution with any underlying thats in a parabolic move, ........... as of now , no bearish daily candle or weekly for that matter
https://www.investing.com/crypto/bitcoin/btc-usd-chart
https://www.firstasset.com/solutions/overview/?fund=CI+Galaxy+Bitcoin+Fund
under investor suitability ;
of course, trading it Vs trading btc at a crypto exchange has its disadvantages-- this fucker can gap up or down HUGE depending on what btc does overnight/over the weekend. So i'd keep on eye this chart;
(click 1 D, far right 'wodescreen')...caution with any underlying thats in a parabolic move, ........... as of now , no bearish daily candle or weekly for that matter
https://www.investing.com/crypto/bitcoin/btc-usd-chart
https://www.firstasset.com/solutions/overview/?fund=CI+Galaxy+Bitcoin+Fund
under investor suitability ;
- can tolerate a medium-to-high risk.
for the Canadians out there looking for a pure BTC product listed on the TSX -- btcg.un (using USD, btcg.u ). Good liquidity , decent spreads (eligible for rrsp and resp, lol)
of course, trading it Vs trading btc at a crypto exchange has its disadvantages-- this fucker can gap up or down HUGE depending on what btc does overnight/over the weekend. So i'd keep on eye this c
(click 1 D, far right 'wodescreen')...caution with any underlying thats in a parabolic move, ........... as of now , no bearish daily candle or weekly for that matter
https://www.investing.com/crypto/bitcoin/btc-usd-chart
https://www.firstasset.com/solutions/overview/?fund=CI+Galaxy+Bitcoin+Fund
under investor suitability ;
@)
- can tolerate a medium-to-high risk.
Anything similar for Ethereum in Canada?
ETHC?
no idea.
BTC is gaining steam as a new toy (er , asset) for the markets ,more products to hit the market. Ninepoint now has a mutual fund, certainly not as liquid as an etf
https://www.wealthprofessional.ca/i...artners-enters-the-digital-asset-space/336594
there is bitcoin exposure in a few etfs that i'm aware of;
C Wood's, ARKW , ARK Next Generation Internet ETF
https://ark-funds.com/wp-content/fu...EXT_GENERATION_INTERNET_ETF_ARKW_HOLDINGS.pdf
https://ark-funds.com/arkw#holdings
if you dont want to use USD, Emerge Canada carries them ; ticker is EAAI. However, CEO , Lisa Langley has not introduced blockchain into EAAI yet, the plan is sometime in 2021
another is Evolve's EDGE etf
https://evolveetfs.com/product/edge/
how about that sector allocation pie chart?! (click portfolio from the middle of the page, above link)
about 11% in blockchain
BTC was not up for the day
(MARA is a mining crypto compnay , no? its not a mirroed btc index product)
anyway.....
https://www.investing.com/crypto/bitcoin/chart
click the candle icon, click 1D then full screen mode, far right.
each candle is 1 day. The candle ends at 7 pm ET, then the next day begins
tight consolidation for 6 days now. its formng a wedge pattern: lower highs and higher lows. This pattern will likely lead to a decisive break , ....in either direction , of course
IF today's candle (which will close tommorow at 7 pm ET) has the same anatomy as today's? bullish (esp if green)
on the hourly chart, its formed a triple bottom at $34,000ish , going back to Jan 13th. Seems to have an army of buyers at this level . (click 1 hr)
(MARA is a mining crypto compnay , no? its not a mirroed btc index product)
anyway.....
https://www.investing.com/crypto/bitcoin/chart
click the candle icon, click 1D then full screen mode, far right.
each candle is 1 day. The candle ends at 7 pm ET, then the next day begins
tight consolidation for 6 days now. its formng a wedge pattern: lower highs and higher lows. This pattern will likely lead to a decisive break , ....in either direction , of course
IF today's candle (which will close tommorow at 7 pm ET) has the same anatomy as today's? bullish (esp if green)
on the hourly chart, its formed a triple bottom at $34,000ish , going back to Jan 13th. Seems to have an army of buyers at this level . (click 1 hr)
I think the fact that Tesla bought over a billion $$$ worth answers that question..
also the new mining equipment they bought should be up and running soon.
Still you can always sell half and invest in Silvergate (SI) they are a bank for the crypto currenceies that was $42.5o in November and is now over $150..Was in the 160s pre market
I bought the August 2021 $100 strikes for $7300 ea
also the new mining equipment they bought should be up and running soon.
Still you can always sell half and invest in Silvergate (SI) they are a bank for the crypto currenceies that was $42.5o in November and is now over $150..Was in the 160s pre market
I bought the August 2021 $100 strikes for $7300 ea
