Something worse than Bitcoin sellers remorse: Argo Blockchain

I'm a UK investor and I've been planning a Bitcoin selling hedging strategy for a while now i.e.

If I have to sell some bitcoin now, then I would like to hedge it with a Bitcoin proxy in my retirement fund (In UK a pension, or in the US a 401k).

Obviously without crypto ETFs and only large investors being able to buy into companies like Grayscale, there are limited ways of buying into bitcoin in your retirement fund.

I spent a couple of days googling options and ended up buying a blockchain related ETF called Invesco Elwood, which is doing OK, up about 30% since November.

However, I completely missed a bitcoin mining company called Argo Blockchain which has shot up over 1200% since November.

Feeling properly sick now for not having been more diligent with my googling. It's starting to dip now, but I'll keep an eye on it in the future for a retirement fund Bitcoin hedge.

Anyone else got any ideas for bitcoin proxies?

Topic: Something worse than Bitcoin sellers remorse: Argo Blockchain (Read 134 times)