I just feel bad for the people who will put their retirement funds into these crypto ETFs. Companies are certainly corrupt, but they make money and are audited. Cryptocurrencies are nothing but speculative assets. Theres nothing backing the valuation. And bitcoin specifically is the most manipulated asset that’s ever existed https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9159387/ there’s no way to stop the manipulation of the price, and for that reason alone I think the rulings on the crypto ETFs are flawed
I’ve been investing in Bitcoin for the last 2 years but I remember the good old days of Silkroad! Then I got clean and sober for years and forgot all about Bitcoin until 2017 When it started getting attention! I could’ve been rich! How cheap btc was in the silkroad days. It was like 100 bucks for one Bitcoin back in the day.
I just feel bad for the people who will put their retirement funds into these crypto ETFs. Companies are certainly corrupt, but they make money and are audited. Cryptocurrencies are nothing but speculative assets. Theres nothing backing the valuation. And bitcoin specifically is the most manipulated asset that’s ever existed https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9159387/ there’s no way to stop the manipulation of the price, and for that reason alone I think the rulings on the crypto ETFs are flawed
I’ve been investing in Bitcoin for the last 2 years but I remember the good old days of Silkroad! Then I got clean and sober for years and forgot all about Bitcoin until 2017 When it started getting attention! I could’ve been rich! How cheap btc was in the silkroad days. It was like 100 bucks for one Bitcoin back in the day.
Right!?! Kicking myself too. Was likely on a bender too...