Re: [BTC-TC] BTC Growth: Capital Growth via Hedge Fund-Style Investing
Who wants to start guessing what the report next week will say? How much profit/loss for the first month?
I am going to make a wild guess and say the report will show a profit of 5%
I am going to make a wild guess and say the report will show a profit of 5%
It's more fun to guess what the share price will do in response to the report. BTC-investors tend to react very strongly to news, rumours and random fear-mongering. I expect that whatever the monthly report says, there will be a strongly amplified initial reaction visible in the share price (at least initially, it may settle at a value that better reflects the performance of the fund after a while).
Right. If my guess is correct that the report says profit is 5%, the price will rise over 50% (or 500%), and then slowly settle downwards toward the IPO price. And anybody who bought at the height will loudly complain about how this fund is losing them money.