Why I Hate Bitcoin (Hint: 0% Dividends) and What I’m Buying Instead – The Contrary Investing Report

Core Viewpoint - The article emphasizes the volatility and lack of income associated with cryptocurrencies like Bitcoin, contrasting them with high-yielding closed-end funds (CEFs) that provide reliable dividends and less volatility [2][14]. Cryptocurrency Insights - Bitcoin has experienced significant declines in 2025 despite initial bullish signals from political endorsements and family investments, leading to losses for many investors [4][7]. - The article suggests that while crypto can yield vast riches through well-timed bets, such strategies are not sustainable for building lasting wealth [3][4]. Investment Alternatives - The focus shifts to two specific CEFs: BlackRock Science and Technology Trust (BST) and BlackRock Science and Technology Term Trust (BSTZ), which yield 7.7% and 9% respectively, while investing in top-quality tech stocks [8][9]. - These funds have been performing similarly to the S&P 500, providing both stock-like performance and bond-like income, making them attractive to disciplined investors [9][11]. Market Dynamics - Both BST and BSTZ are currently trading at an average discount of around 9.6% to their net asset value (NAV), which has widened recently, presenting a buying opportunity for investors [11][12]. - The article advocates for a strategy of purchasing these funds during market panics to benefit from their dividends and potential price recovery during bull runs [13][14]. Income Strategy - The article highlights a mini-portfolio of five monthly dividend funds with an average yield of 9.3%, suggesting that now is an opportune time to invest in these funds to benefit from consistent income streams [15][16][17].