Welcome in my TFSA portfolio Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B)!

Yesterday morning at BNN's The Open, Amber Kanwar said something like Bitcoin continues its momentum. Thank you Amber Kanwar for such a great revelation. It just helps to confirm my belief, now is the time to take advantage of Bitcoin. I am looking forward to selling my Bitcoin-related investments once Bitcoin hits on the $100,000 US. Once Bitcoin hit that magic number, I think that many investors might be tempted to sell their Bitcoins, which could result in a massive sell-off and following what, the value of Bitcoin could drop instantly. That's only my personal opinion on the topic. No one can know for sure what's going to happen next for Bitcoin, but one thing for sure, a little investment in Bitcoin-related products won't hurt anyone. My idea is to only invest an amount that I don't care too much about losing, in case of bad luck. Losing money is always bad, but losing a relatively small amount is not too bad.

At 8:30 pm yesterday, Bitcoin was trading at $70,782.34 CAN. It's quite a big non-sense to realize that one single Bitcoin worth $70,782.34 CAN! Right now, at exactly 11:06 pm Eastern Time, Bitcoin is trading at exactly $71,392.56. At this rhythm, Bitcoin is going to pop up the 100k in no time. Earlier this morning, I couldn't help it, I had to invest in Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B) and so I did! I had updated my portfolio to reflect that new addition in my portfolio.

In my TFSA portfolio, I now have exposure to the wonderful world of crypto with both Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B) and Bitcoin Fund The Class A units (QBTC). For the present time, I feel that my portfolio is pretty much complete. I don't plan to invest in anything new. And I don't want to increase my exposure to Bitcoin either way. This means that I am done and from now on - until I decided otherwise - I will concentrate on saving money and build up a bit more of my savings, which cannot hurt by any means.

At different hours of the day yesterday, February 19, I took note of the value of  Bitcoin Fund The Class A units (QBTC), Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B), and also of course Bitcoin. It gave me the following interesting chart:

I had been holding on to Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B) for only one day, but I can tell you, from what I had collected today as data, that this Bitcoin ETF is less volatile than Bitcoin Fund The Class A units (QBTC). This is making me say that if you are sensible to the market volatility, you may prefer to invest in Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B). I think that BTCC.B may fit better those of you who are more into an investor vibe than a trader vibe.

On the other hand, extra volatility in its title is what is making Bitcoin Fund The Class A units (QBTC) so interesting. Personally, I invested in QBTC in the hope to make a big chunk of money quickly. However, you know that I am mostly a buy and hold type of investors. I usually invest for the long run and I don't have any interest at selling my baby stocks, unless I have to because x stock going bad, or if I it happen that I need money. Luckily, if never happen so far.

 My investment in Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B) closed today session at +1.73%, and my investment in Bitcoin Fund The Class A units (QBTC) closed today session at +1.93%. My non-registered portfolio closed yesterday session at $113,766.65, my TFSA portfolio at $113,568.88, and my RRSP portfolio, stocks only, at $53,242.52.

On another note, I have to say that I did my best trying to control myself, but I can't no longer stand my hair. I am want an hair cut. I NEED AN HAIR CUT AND I NEED HIGHLIGHTS. I already took an appointment :-)