I made a dumb move, depending who you ask. I went all in on MSTR, GBTC, HUT, and BITF in both my retirement accounts last year to get exposure to Bitcoin during the bull run, and now that they're all down 70-89%, with BITF being down the most, I'm worried.
Am I bag holding, or will these reach new ATH's along with BTC in the next bull run?
Especially worried about the mining ones, but even MSTR has a short interest of 40%. Should I cut my losses, and pick different BTC related ones like COIN or MARA?
EDIT: these are BTC correlated stocks. Didn’t want to say “stocks” initially because of mod removal.
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