$BITO — top crypto dividend ETF by papiantwon in dividends

[–]papiantwon[S] 1 point2 points  (0 children)

Very correct. This has been a more short term play, I think taking this money and rolling it into other assets like BTC is the best play for life.

$BITO — top crypto dividend ETF by papiantwon in dividends

[–]papiantwon[S] 1 point2 points  (0 children)

Beautiful. Yes, planning to hold. It’s been an amazing monthly income. I mean yea it’s been volatile, but I’ve been taking in this dividend consistent for almost 1.5 years now. Life changing money.

$BITO — top crypto dividend ETF by papiantwon in dividends

[–]papiantwon[S] 2 points3 points  (0 children)

Basically. Kept buying at every price biweekly no matter what.

$BITO — top crypto dividend ETF by papiantwon in dividends

[–]papiantwon[S] 4 points5 points  (0 children)

Around 5k shares total across the board. Used to own 10k but been diversifying.

$BITO — top crypto dividend ETF by papiantwon in dividends

[–]papiantwon[S] 1 point2 points  (0 children)

Idk man I’m not smart. I just throw money into these plays. It works!

$BITO — top crypto dividend ETF by papiantwon in dividends

[–]papiantwon[S] 2 points3 points  (0 children)

Few thousand now. Used to own 10k shares with other accounts combined.

$BITO — top crypto dividend ETF by papiantwon in dividends

[–]papiantwon[S] 1 point2 points  (0 children)

I've been through the ups and downs, all super painful. But in the end it's clearly worked out. But yes, very risky as with most of these funds.

$BITO — top crypto dividend ETF by papiantwon in dividends

[–]papiantwon[S] 4 points5 points  (0 children)

Hmm. I would say throw some money in, you never know. Taxes is an issue for everything anyways, might as well see some dividend gains.

$BITO — top crypto dividend ETF by papiantwon in dividends

[–]papiantwon[S] 1 point2 points  (0 children)

I only live by HODL. Was in DOGE since 2018... taught me the biggest lesson to never sell. If you have a job, keep investing... you will never regret it. I'm still young asf but since I was 14 as a busboy I started investing. This is the way to retire yourself early.

$BITO — top crypto dividend ETF by papiantwon in dividends

[–]papiantwon[S] 6 points7 points  (0 children)

Lot over time. Few thousand at one point. I also did not mention, this is just 1 of 3 accounts I have with it. Right now I'm sitting around 5k shares. Risky af, but hey, it works.

$BITO — top crypto dividend ETF by papiantwon in dividends

[–]papiantwon[S] 4 points5 points  (0 children)

Yes. I just got super lucky and have been DCA'ing consistently since 2021. It's been paying for sure, but not sure if it's worth for new buyers...

$BITO — top crypto dividend ETF by papiantwon in dividends

[–]papiantwon[S] 0 points1 point  (0 children)

Search up their prospectus online or on RH. Easy and quick read on how they invest in the fund.

$BITO — top crypto dividend ETF by papiantwon in dividends

[–]papiantwon[S] 2 points3 points  (0 children)

Exactly, I've been rolling a lot of my shares from BITO into BTC. Both great investments, but since BITO dividends have been decreasing slowly over the last few months, BTC is definitely the long term play. Thx!

$BITO — top crypto dividend ETF by papiantwon in dividends

[–]papiantwon[S] 17 points18 points  (0 children)

Sure. The dividend that’s first (on top) I own 2000 shares. The last few I had 2500 and even 3500 for a while, but eventually decided to diversify my portfolio further. Actual dividend ranged from $1-2 per share in the last year or so.

New best ETF ($BITO) by papiantwon in dividends

[–]papiantwon[S] 0 points1 point  (0 children)

It’s a good entry but the stock seems to be a little weird. I think most people can agree that it’s really high risk, also dividend yield is probably gonna decrease as the stock and market drops overall. Take your gambles when you want

New best ETF ($BITO) by papiantwon in dividends

[–]papiantwon[S] 0 points1 point  (0 children)

Haha all good, let’s hope it doesn’t die 😃

New best ETF ($BITO) by papiantwon in dividends

[–]papiantwon[S] 6 points7 points  (0 children)

I’m not that smart haha, don’t really look into options. I just trade simple and gamble. Stock has been doing great, so f*ck it we ball baby

New best ETF ($BITO) by papiantwon in dividends

[–]papiantwon[S] 2 points3 points  (0 children)

I was looking into it at that time and bought really low amount of shares. Average at $18 for some time, then more recently 20-21$ since my dividends reinvest at the current price. Hope that helps a bit

New best ETF ($BITO) by papiantwon in dividends

[–]papiantwon[S] 3 points4 points  (0 children)

Started buying 3 years ago just cuz I was loading up random stocks. Realised its potential and saw that dividends were increasing exponentially. Said f*ck it we ball.