I have 30 years of investment experience.  For me, I found that picking a stock, buying in increments, and holding through volatility produced the most gains.  I give my Top Ten reasons to buy and hodl Grayscale Bitcoin Investment Trust (GBTC).  These are my anchors that I return to when I get skittish on my position. 

10.  Bitcoin is decentralized.  There is no middleman, bank, or government.  Transfers of value are from me to you directly.  

9.  Digital items have value.  A movie on Netflix is no less of a movie than it is on DVD.  A song on Sirius or IHeart is no less a song than it is on a CD.  A dollar on an online account is no less a dollar than a paper dollar.  Digitalization makes the items more efficient and less likely to be pilfered. Brick and mortar is dying and digital is taking ground.  Look at the malls and Amazon.  The next area ripe for disruption is the banks. 

8. Bitcoin is benevolent.  You can bank the “unbankable” as long as there is an internet connection.  This will help remote areas without banks.  You can donate directly without administrators taking their share. 

7.  Bitcoin is global.  Can be converted to most major currencies and transferred internationally.

6.  Bitcoin is efficient.  It does not take days to settle transactions.  They are settled quickly usually in less than an hour.  

5. Bitcoin is cheap.  There are very little costs to acquire or transfer especially on lightning network. 

4. Bitcoin is relevant.  The economy is going digital.  With PayPal, Coin Zoom VISA card, and SPEDN, Bitcoin can be used at many major retailers.

3. Bitcoin is programmable, secure, and trustworthy.  The code that Bitcoin is on can be programmed to transfer value in our future autonomous society.  The network is secured by block chain and public and private key cryptography.  Bitcoin produces an instant ledger.  Savvy programmers could program the ledger to balance sheets or tax returns.  The ledger can’t be changed.   This gives the financial system trust.  Autonomous taxis could be able to pick people up and position themselves on the highway.  Jack Dorsey, CEO of Twitter and Square, said Bitcoin may be the native currency of the internet.  It could be provide monetization to the Internet of Things.

2.  Major institutions are warming to Bitcoin.  Micro Strategies and Square recently purchased large sums.  Guggenheim just filed an SEC filing indicating that it may purchase up to 500 million GBTC. 

1. GBTC (Grayscale Bitcoin Investment Trust) can be put in a tax shelter IRA or 401k.  Although GBTC trades at a premium to Bitcoin, the premium is worth it because GBTC audits, buys, and stores the Bitcoin for you.   AND most importantly, your tax savings on gains in your retirement account can be astronomical if Bitcoin does what I think it will and goes to the moon!