I’ve got IBIT which I bought in April last year but I want to sell it and buy bitcoin itself. I’d obviously like to sell it high and buy btc in the bear market. I’m planning on waiting till Dec/jan to sell the IBIT and maybe buy btc in Feb. Basically I’m asking when the bull mkt tops and when the bear begins.
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Discussion
you’re going to get wrecked. you’re better off waiting for the ETF to have in-kind redemption or selling and buying real bitcoin the next day.
Can’t wait. It needs to be done in the next few months. I know it’s dangerous but I’m just wondering if this can be turned into a positive. ?? Selling at all time high and debuting in the next few days. ?? Assuming past cycles hold, top should be Dec/Jan. it’s got to happen I’m just looking for someway of doing it better.
