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RE: Curious why Bitcoin dropped and then popped the last few days?
I edited my above response to include the reasoning. :)
I just picked up some CXBTF in my self directed IRA via Etrade. Thanks for the reminder!
help me i am new in here.
Are you not worried about price slippage from having so many currencies involved? Sounds like a nightmare for the ETN to convert between USD, Krone and BTC.
I will just stick to buying BTC directly, I am not scared to hold the private keys. :)
It makes sense to buy in an IRA. Outside of an IRA buy the bitcoin directly. There really are only two products to buy bitcoin in a US based IRA currently, GBTC and now CXBTF. The premium in GBTC is likely to start dropping out as more products become available.