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Wednesday, February 17, 2021

Bitcoin Fund The Class A units (QBTC) is experiencing great gains

My non-registered portfolio closed today session $114,703.49, my TFSA portfolio at $114,020.99 and my RRSP portfolio, stocks only, at $53,538.48. With my latest contribution in kinds that I made in my TFSA portfolio, the value of my non-registered portfolio is quite similar to my TFSA. Currently, Bitcoins are trading on their highest value ever. These days, it seems like crypto pop up its highest value ever on and on and on. It's certainly exciting, but also super lucrative. My investment in Bitcoin Fund The Class A units (QBTC) is on a +9.44% gain.

This morning at BNN's The Open, a guest spoke about Bitcoins. It was quite interesting. I, unfortunately, didn't catch the name of the guest, but it's been said that Bitcoin is currently trading on its highest value ever. It's hard to figure out if Bitcoin will continue this way because we don't have enough data. Bitcoins' value is based on the demand. Currently, for Bitcoins to be in their highest value ever, you can imagine that many investors are currently buying Bitcoins. The value of Bitcoins could drop to as low to $100, without any warning. The reason behind this is that Bitcoins are not regulated, which we all already known, but still, it's good to keep things under perspective.

And it's the main reason why that I only invest an amount that I can afford to lose while investing in funds related to crypto, like Bitcoin Fund The Class A units (QBTC). For now, I feel comfortable holding QBTC in my TFSA.

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