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submitted by /u/turick [link] [comments] |
Saturday 6 November 2021
Bitcoin will go up because of this
Just for you guys to know in advance, my monthly salary had an increase of $18. I'm going to DCA even harder! So if the price goes up, you already know why! 😉
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Long term investment (10-20 years) in BTC
I don't have a large amount of money and it's just lying there so wanna invest it into btc.
Just wanted some suggestions if it would be safe (willing to take some risk)?
And would it give me good returns (10x maybe)?
Or if I should invest in some other coin.
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You can buy BCH on the stock exchange for a 23% discount below market price. Stock Ticker BCHG trades $5.5 worth of BCH for only $4.45
Each share has 0.00912052 BCH in it and the market price of that is 0.00912052 x $600 = $5.47 per share.
But each share only costs $4.45 which is a market price of only $487 per BCH (4.45 / 0.00912052 = $487) which is 23% below market price.
Source:
https://grayscale.com/products/grayscale-bitcoin-cash-trust/
Grayscale Bitcoin Cash Trust provides a secure structure to gain exposure to BCH. Eligible shares are quoted on the OTCQX®, the top marketplace operated by OTC Markets, under the Alternative Reporting Standards. Investors can buy and sell shares through most traditional brokerage accounts at prices dictated by the market.
Shares Outstanding 34,812,900‡
BCH per share 0.00912052‡
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source https://www.reddit.com/r/btc/comments/qni4nh/you_can_buy_bch_on_the_stock_exchange_for_a_23/
Friday 5 November 2021
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