GDLC trade ideas
Grayscales 'index fund of crypto" GDLC moving down to .618 Grayscales 'index fund of crypto"
GDLC moving down to .618 target
this will fall down until :
1. The end the month
2. After Jackson Hole talk
3. maybe even labor day.
I am buying from$19 down to $10 if t gets that low - just not sure when this turn around exactly but it will not stay this low for long.
I am a painter and these are my pictures- not investing advice
The INDEX fund of Crypto breaks through!The INDEX fund of Crypto breaks through!
They gave us plenty of time to accumulate.
This is not a bet on one crypto or another this is a basket of the entire crypto Market Cap.
If you are reading this you might believe that the more money will flow into crypto in the future.
Dont worry about picking the winning coun - just bet on the whole sector and relax. Check back in a year or two so you can cash out a retire.
BTC or ETHE or LTC or XRP ect... this fund has you covered.
Crypto is rising but it needs a breakcrypto needs a break so as the market cap deflates this will as well. but never fear it will be back - once they see the gains for the year everyone will fomo in. once they are in they will discover Ether and tezos and link and cardano and kava and the overall market cap will grow.
GDLC - basically the market cap for crypto - GDLC - basically the market cap for crypto - It looked to be headed up but was then kicked back with the march crash. I think it it headed back there again - 7$ soon - but it has been hanging at $6.
This is the last part of the market to move, first bitcoin moves pushing market cap then alt move up which moves market cap but over all the market cap of this sector will grow over time. People will jump on bitcoin or Ethereum depending on the day but either way they are contributing to the overall market cap so why not just play it safe and invest in this.