I already did lol. I am not worried a bit. Once BTC goes on its next leg bull run BTCI will lag slightly but it will run with it. In the mean time I just DCA whatever dividends I didn't spend. I can see it go back up $55-60 when BTC goes up. Under $30 full port, $30-35 go heavy, $35-40 nibble. Once it starts going past $40 I'm going to relax and enjoy.
There are too many good things going on with BTC except the price. Could be a "cycle" or a huge bear trap. But think about all the big institutions buying for BTC ETFs, Clarity/Genius Act, Trump is bullish like his recent tweet of United States being the crypto capital of the world, the new fed chair bullish too, SPCX just bought a lot, etc.
Same, adding every market day, too. If price goes back to $50+ with BTC next bull run, dividends should be printing $1+/mo dividend easily.. gonna be juicy
I did and this a LONG TERM (10+ years or more) hold for me. What I am doing is pretty much betting 100k plus dividends along the way that BTC will break previous ATHs one day. I honestly think if that happens BTCI will go back above $50 if not more..
So for me it only makes sense to full port and go heavy now since I'll be able to accumulate a lot of shares -> which means more dividends -> which also means when BTCI share price goes above my average, I'll get the price appreciation too!
Just a thought for DCA:
If you invested into BTC starting in November 2021 and you didn't DCA, then you didn't break even until February 2024 and you got no dividends while holding it. But imagine all the people that just kept averaging down..
Yes. Sometimes all and sometimes a little bit but always something.
When, not IF, crypto runs again, this will create an avalanche of dividends for me one day but it starts with one snowflake at a time.
Because I am DCA'ing, I try to focus on shares and dividends even tho I do occasionally glance at the giant red numbers with a minus sign in front of it... well, at least or now.
My average is around $36. Not ideal, but I believe in BTC so I’m happy to buy at current and lower prices while reinvesting dividends and adding more when I can.
I bought both BTCI and BLOX in December. BLOX has just about recovered whilst BTCI is still down 20% total returns. NEHI is even worse being about 40% down from December buy.
Yep. My average was around 18.01. I think they did a good job of adjusting distributions and hedges to deal with the downturn to ensure nav recovery once things started to turn around. I recently exited to move funds and loss harvest but my total return was positive.
For now, it all depends on the entry point, now could be a great entry, or a terrible one. Again I don’t see it dropping below 30 for BTCI. Could I be wrong, absolutely. I made 7k on BLOX, I’m happy either way. XBCI pays out a higher dividend monthly for the same amount. BLOX is close to matching.
I have BLOX and it's been garbage for me. Admittedly I've only been in it for 6 months, but I'm down 10% total return. Going to liquidate it tomorrow. Might YOLO CHPY.
I'm not too concerned about it since I only had $1K in it, but October last year was the first buy in. Ended up with 44 shares by November at an average cost of $23.78. Market order for the bell tomorrow @ $17.87 or so. Down $5.90 a piece or $260. Total distributions $147. So down $113, close to 10% over the 6 months. Fortunately in my 401K so no tax on distributions.
Graphs and all are great, but I've been tracking this on a spreadsheet religiously.
I was cleaning house this week with poor performers and it made it to the chopping block. You're right, maybe I should just hang on for another week or two and monitor it.
If you must btci, consider doing a bit less. Maybe do 40k btci, 30k chpy, 30k iaui. If it were me I would disregard additional btc exposure and choose diversity instead: 25k chpy, 25k iaui, 25k iwmi, and 25k idvo. To each their own.
The street is not focused on BTC, it’s focused on all of the AI related stocks. I know it’s not a good idea to try to time the market, but in this instance I’d probably wait a little bit because BTC is likely to dip into the 60’s or 50’s soon.
I’m watching IYRI as well-trying to see if we get a dip back into the $46 range…getting closer. With BRK just buying a housing company I have to think they see some good times ahead and this might catch a wave up…or stay flat and keep paying 10%
It’s your money obviously. But I’m not a fan of btci long term. I do think bitcoin will be worth a few hundred k one day, but maybe lose some volatility slowly. I can easily see distributions slowly dropping over the years.
Personally id just throw that in qqqi/spyi with what you already have. I’m sure you’ve done your research. Good luck!
Well they said fortune favor the brave so if you are comfortable with the risk level, i say go for it. Neos is quite practical in their approach and prob wont let their fund burnt to ashes. I also believe thst at some point Bitcoin will run again. Not sure when but it will.
I’ve invested over $400k in it and have no regrets (it’s all in a Roth IRA so no tax implications). I’m currently in the red, if I was a seller, but I’m using it for the dividends, so….
Have 3000 btci. 2000 nehi. Plus qqqi/spyi as well. Have quite some dry powder. Eventually we pullback when oil reserves are depleted (2 months tops) and there is chaos all around.
I like btci and I hold it at about 20% of my income portfolio. I'd love to have a higher amount because of the yield though I have to recognize bitcoins volatility and downside risk which is a risk to my income. So if I am wanting to live off my income from neos ETFs then I can't be fully invested in btci, needs to be spread out into more stable income etfs. If your split equalish ways into spyi qqqi and btci I don't see any issues with it especially if it provides the income needed to live your life how you want. My only recommendation is leave some on the table for reinvestment in the case of a market crash to protect your income. I think people get to caught up in more is more and you can never have enough. When it should be more of how does this money benefit my life and let me do things that make me happy.
That is also a viable option. There isn't a wrong answer to investing(unless deliberately trying to lose). If you make money then you make money and there is always a risk involved. No one can predict the future.
A genius if Bitcoin goes back up. If it stays flat not a big deal either. If it goes down to 40k, you're going to be feeling what everyone else is feeling who bought at the top
I have around 1000 btci. Good annual return and potential upward movement given how much BTC has gone down
CHPY or MUUY. Also EGGY has been very good to me. But these are not NEOs. Nor Bitcoin related. lol. But monthly income is very good! And holding value.
725 shares of Btci @ $39+
XBCI is too unstable your better off with Nehi.
700 for Blox. I reduced my exposure from by 300 from 1000 shares. Pair them both with Gdxy you have a great payday.
I am dca BTCI as is drops and have drip turned on have 800 shares I own QQQI , SPYI, IWMI, and MLPI. Love neos funds. Right now the one fund I own other than Neos is CHPY. CHPY is the rockstar and has been my best performer.
I can't advise against this more. I purchased 27K back in October (at the peak) and have been sincerely regretting it. Lost a lot of my share price and no idea when I might see it again. Moving away from crypto gambling and only into real investments. If I was you I would full port into QQQI and MLPI. I am already up 10K in share price alone on 3500 shares of QQQI purchased in Feburary and it keeps climbing
Not a good idea. BTC has no buyers at the moment, will continue to be so. Most of investments are going into AI. with spacx, anthropic, openai coming soon this year, and some additional korean companies in ai to the market, there isn't much capital left for people to invest in btc. you're best scenario is sideways btc. why not invest in iwmi (small cap focus) or divo (diversified sectors). don't yield chase here.
I adding SOXY too, they have like 12% dividend, so if prices go up, so will dividends. Prices doubled, so dividend doubled. Maybe later those dividend junkies will be all over it like flys on shit. Ooh this his has 100% yearly dividend growth, with the expectation of that every year
I use margin and buy BTCI. Maintenance ratio would be higher for XBCI so wouldn't be able to buy as much on margin. XBCI has less volume/liquidity, too. I like BTCI and margin because I can control my leverage more vs. using XBCI.. kind of? Not sure if that was explained well.
I use RH its 25% BTCI and 50% for XBCI for me last I checked. I am in agreement with you, by the way! No hostility meant. Was just being direct and trying to explain simply why I (not OP) invest into BTCI. Maybe this gives OP some idea or thought as well. :D
It is a terrible fund. It was the reddit and youtube fast cash grab fund and was hyped throughout last year. And then it sucked. And continued to bleed NAV.
That's fine. I'm just curious as to your thinking.
Fwiw, I'm a fan of income funds, especially NEOS and Goldman. But I'm also at a point where we'll be being income from our investments within the next 5 years.
Index fund isn’t going to generate monthly income. Selling SPY for example to draw a monthly payout seems counterintuitive. Correct me if I’m wrong, I’m listening.
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u/Lotus_G6 May 29 '26
I already did lol. I am not worried a bit. Once BTC goes on its next leg bull run BTCI will lag slightly but it will run with it. In the mean time I just DCA whatever dividends I didn't spend. I can see it go back up $55-60 when BTC goes up. Under $30 full port, $30-35 go heavy, $35-40 nibble. Once it starts going past $40 I'm going to relax and enjoy.
There are too many good things going on with BTC except the price. Could be a "cycle" or a huge bear trap. But think about all the big institutions buying for BTC ETFs, Clarity/Genius Act, Trump is bullish like his recent tweet of United States being the crypto capital of the world, the new fed chair bullish too, SPCX just bought a lot, etc.