Scott Debevic
Jul 13, 2021

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What if the GBTC unlock is the opposite of a “sell the news” event? Perhaps it will go down, but it could also go up shortly thereafter as the negative narrative is removed from the markets. Institutions are buying directly (TSLA, MSTR, Meitu, Square and others) and more billionaires are entering the space. Bitcoin often does the opposite of what most people expect. Over the long-run, Bitcoin is gaining legitimacy and more people are waking up to diversifying from fiat backed assets. Better to just accumulate (a portion of a portfolio) than buy/sell into latest stories.

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Scott Debevic
Scott Debevic

Written by Scott Debevic

My goal is growing wealth and earning passive income. Mainly focused on Bitcoin and crypto. Feel free to contact me at: scottdebevic@gmail.com

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